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Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

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Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Sinclair Building sold

Interior of Sinclair Building. Photo by A. Lee Graham

Sinclair Building. Photo by Alyson Peyton Perkins

A. Lee Graham
Reporter

One of downtown Fort Worth’s most visually striking buildings has sold, with the Sinclair Building now owned by a group of local investors.

“I’m not at liberty to say who they are,” said Nicholas Pappas, a Fort Worth attorney who represented Sinclair Holdings LLC, the investors’ group, in the transaction.

Selling the property was The Sinclair Building Partners LP, an investment group headed by Ken Jaffe, Allyson Baumeister and Rick Baumeister that purchased the building in September 2006.

The purchase price for the latest transaction was not disclosed, but the 512 Main St. property is valued at $5.8 million, according to the Tarrant Appraisal District.

The deal closed on Friday Dec. 13 with a deed expected to be filed in coming weeks, Pappas said.

The 16-story structure, on the northwest corner of Main and Fifth streets, was built in 1930 and reflects the Art Deco architecture of the time. Designed by Wiley G. Clarkson and built by Harry B. Friedman, it underwent a 1990 restoration that transformed the lobby into a virtual museum, with display cases containing salvaged artifacts, as well as photographs taken before and after the restoration.

Original plans to name the building the Dulaney Building, after its then-owner, changed to reflect Sinclair Oil Co., its main tenant.

lgraham@bizpress.net

 

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