Join The Discussion

 

Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

read more >

Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

read more >

Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

read more >

Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

read more >

Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

read more >

Fort Worth continues pursuing West Side plan

 

A. Lee Graham
lgraham@bizpress.net

Efforts to spur economic development in West Fort Worth continue to gain momentum as elected officials hammer out plans to revitalize the area.
“The bottom line is to enhance the quality of life for these communities,” said Kendall Wendling, a transportation planner with the North Central Texas Council of Governments, in a recent interview with the Fort Worth Business Press.
The Arlington-based agency is overseeing a regional effort to revitalize not only parts of Fort Worth skirting the Naval Air Station Fort Worth Joint Reserve Base, but also several small communities nearby that have seen some residents and businesses leave town in recent years.
Gaining new townsfolk, attracting retailers, making road improvements and simply boosting the communities’ cachet are the goals of a study aimed at achieving those ends.
The effort gained renewed support in late October when a committee studying the initiative endorsed findings of a study examining ways to bring more business into Benbrook, Fort Worth, Lake Worth, River Oaks, Sansom Park, Westworth Village and White Settlement.
The idea is to support development compatible with reserve base operations.
“We’re now in the process of meeting with individual cities on study recommendations,” Dan Kessler, assistant director of transportation with the council of governments, said recently.
Funding the $800,000 study was a $600,000 grant from the U.S. Department of Housing and Urban Development, with a $200,000 local match from the Regional Transportation Council.
The goal of what officials call Planning for Livable Military Communities is to attract businesses to the area to maximize its existing cultural and retail resources.
Part of that initiative could make travel easier through the area. That’s because improving parts of Texas 183 and 199 are expected to be included in the redevelopment effort.
“We’ll look at what improvements are needed and what those cost,” said Kessler.
He cited new sidewalks as well as street and drainage improvements as some of the potential upgrades.
That would please Jack Adkison.
“Each one of us is an older city and we’re trying to modernize just a little bit and make ourselves look just a little bit better,” said Adkison, a former River Oaks councilman and current chairman of the Regional Coordination Committee, comprising leaders from several other cities.
What’s good for River Oaks is good for Fort Worth, according to District 7 Fort Worth Councilman Dennis Shingleton.
“The rising tide raises all ships,” said Shingleton, hoping that the plan spurs new housing around the base.
“It could be from higher-density apartments to single dwellings, and I hope it is,” said Shingleton.
He also shared his hopes for retail development.
“Not necessarily for big boxes, but more boulevard retail, much like we have on West Seventh Street or Camp Bowie,” he said.
Asked whether an urban, somewhat upscale concept such as the West Seventh Street development could succeed in a more remote, working-class community such as White Settlement, Shingleton replied, “There is no monetary distinction. This could work for any community.”
Having secured committee support for the study’s findings, Kessler said that officials plan to identify funding to pay for infrastructure improvements and other expenses recommended in the study.
The committee’s next regular meeting is scheduled for Jan. 27 in Fort Worth.
 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?