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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Next TCU dining hall secures variances
 
 
A. Lee Graham
Reporter
 
The next TCU dining hall is closer to serving hungry students after securing two newly approved variances.
 
By 8-0 approval, the Fort Worth Commercial Board of Adjustment on Dec. 18 waived rules stipulating building height and setback requirements.
 
“The university, over the last several years, has been making a number of changes throughout the campus, and part of that is the redevelopment of the Worth Hills area,” said Barry Hudson, whose Dunaway Associates LP of Fort Worth is designing the Texas Christian University dining hall and multipurpose room at 3501 Bellaire Drive North, just north of where Stadium Drive veers east into West Berry Street.
 
The unanimous board vote allows the structure to stand 45 feet tall, 10 feet higher than allowed in such community facilities districts. The board vote also allows the building to encroach about 20 feet into the required 20-foot projected front yard setback.
 
When complete in January 2015, the two-story structure will span 39,200 square feet and feature multiple dining venues, student lounges and office space, among other amenities.
 
lgraham@bizpress.net

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