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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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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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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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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Mallick Tower without power for at least two days
A. Lee Graham

Reporter

Mallick Tower remains in the dark as the Fort Worth office building struggles to regain power after an overnight power outage.

Triggering the late Sunday night outage was a broken water line outside the Summit Avenue structure, according to Dee Knight, property manager for the 10-story building on the western edge of downtown overlooking the Trinity River. The Fort Worth Business Press is among its 60 tenants.

Water flooded the electric equipment in the building’s basement, Knight said.

“We’re working round the clock to get power restored,” said Knight, who said power would be off for at least Monday and Tuesday.

As of noon Monday, building management was seeking a company to clean up the mess and fix the problem. The 60 tenants accustomed to working in the 90,000-square-foot building should be prepared to work elsewhere possibly for the rest of the week, as no repair timeline has been determined.

No other buildings in the area appeared affected, according to cursory observations of the area. 

Mallick Tower is no stranger to challenges. On March 28, 2000, it was among several buildings that took a direct hit when a tornado tore through the area.

The tower, managed by Holt Lunsford Commercial, is almost 100 percent leased, according to Gisela Stern Balsley, marketing manager for Holt Lunsford Commercail’s leasing department.

 

lgraham@bizpress.net

 

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