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Left Bank developer says he's close to incentive agreement with city

Centergy Retail says it has development agreements for 600 units of multifamily and a luxury hotel.

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Mixed-use residential, commercial project moves forward near Fort Worth's T&P Station

The Fort Worth T, Fort Worth Housing Authority, city, and Fort Worth South nonprofit are taking the next step in studying the market for a mixed-use residential and commercial complex on a parking lot south of T&P Station.

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New TCU-area Tex-Mex restaurant to open

Pegaso Mexican Diner, a Tex-Mex comfort food restaurant specializing in handmade enchiladas, will have its grand opening Aug. 19. The new fast-casual eatery, which highlights vintage Fort Worth

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Fort Worth Del Frisco’s GM promoted to regional manager

Greg Kalina, general manager of Del Frisco’s Double Eagle Steak House in downtown Fort Worth, has been promoted to regional manager for the steak house chain.

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FAA: Plano, Granbury family members dead in Central Texas plane crash

RANGER, Texas (AP) — Three family members have died in a small plane crash in rural Central Texas.

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UPDATE: BNSF railroad shuffles top execs but keeps Rose

 

Carl Ice 

FORT WORTH, Texas (AP) — The CEO who led BNSF railroad as it was sold to Warren Buffett's company is moving into the chairman's role, and another executive will be promoted to lead the company.

The Fort Worth-based railroad announced the executive changes Wednesday.

BNSF's Chairman and CEO Matt Rose will become executive chairman in January. Chief Operating Officer Carl Ice will be promoted to President and Chief Executive Officer.

The railroad said Rose will focus on long-term strategic planning while Ice focuses on day-to-day operations.

Ice has been with BNSF for 34 years, most recently serving as president since November 2010. In 1995, he led a team that orchestrated the merger and subsequent integration of Burlington Northern Railroad and Santa Fe Railway. Since then, he has helped lead the company and culture into what it is today. Ice has been integral to the development of the company’s operating and marketing plans.

“For over a decade, Carl has worked alongside me, and his assumption of the CEO title is a natural and well-deserved transition,” said Rose in a news release. “I am pleased for him and the organization, and the continuity he represents as he undertakes the leadership of this role.”

Buffett, who is Berkshire Hathaway's chairman and CEO, praised Rose and Ice and said BNSF has exceeded his expectations since Berkshire bought the railroad in 2010.

Some Berkshire investors have speculated that Rose may be a candidate to eventually succeed the 83-year-old Buffett as CEO. - Additional reporting by Robert Francis, Fort Worth Business Press
 

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