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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

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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.

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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.

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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.

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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.

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Foundation, JPS plan homeless resource center
By Betty Dillard
The Fort Worth Foundation announced Friday that it will build a 25,000-square-foot adult medical clinic and central resource center for the homeless on 1.5 acres purchased from JPS Health Network  on the city’s near east side.
JPS will run the health clinic at 1513 Presidio St., near the existing East Lancaster Avenue homeless shelters.
The foundation, which provides funds to organizations that feed the hungry and help the homeless, will create and fund a nonprofit entity to govern the center’s overall operations.
About half the center will provide health services to the East Lancaster area community. Included in those services will be primary and preventive care; chronic disease management; behavioral health services; and podiatric, orthopedic and dental care.
The remainder of the facility will assist the homeless in their “pursuit of stability, self-sufficiency and expanded opportunities,” according to the foundation.
A 2011 JPS study identified more than 230 homeless patients who were frequent users of the health network’s emergency and inpatient services, incurring charges of more than $10 million.
Those findings, along with the Mayor’s Advisory Commission on Homelessness’ Directions Home report in 2008 and A Plan for the Delivery of Health Care for the Homeless prepared by Tarrant County Commissioner Roy C. Brooks, formed the basis for building a community clinic.
“This is just another great example of using private dollars for public good,” said Fort Worth Mayor Betsy Price.
The facility is expected to become reality in late 2014 or early 2015.
 
bdillard@bizpress.net

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