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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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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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Hilton Fort Worth named to Historic Hotels

The Hilton Fort Worth is one of 24 hotels named a member of the Historic Hotels of America, the Washington, D.C.-based group announced on Nov. 18.

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Fort Worth angel network makes largest investment

 

Members of Cowtown Angels, a program of nonprofit technology incubator Tech Fort Worth, have closed a $5 million investment in Encore Vision Inc., a TechFW client.
The investment included $750,000 from members of the Cowtown Angels. This is the first investment by the organization in a TechFW client company and the largest investment to date for the Fort Worth-based angel network, which launched in September 2012.


The Cowtown Angels program connects local “angel investors” with companies in the area needing startup capital. The group, which has grown to 23 members in just 16 months, previously had invested more than $2 million in six early-stage companies in a variety of industries. The largest previous investment was $620,000 in Wisegate Inc., in May 2013.
“This is one of the largest angel rounds ever in a TechFW client, and the first time the Cowtown Angels have participated, so this is a big win-win for the local entrepreneurial community,” said Darlene Boudreaux, executive director of TechFW
Encore Vision is developing Dioptin, a patented prescription eye drop treatment for presbyopia, the eye condition that afflicts most people by the age of 40, requiring them to wear reading glasses. Dioptin is a proprietary pro-drug comprised of “naturally” occurring bio-compounds found in the living human crystalline lens. A major goal for Dioptin treatment is to give those with presbyopia freedom from, or reduced dependence on, their bifocals or reading glasses.
The company will use the funds to further the development of its product and complete Phase 2 clinical trials.
“Cowtown Angels has played a pivotal role in this funding round for Encore Vision,” said Bill Burns, president and CEO of Encore Vision. “Along with Tech Fort Worth’s help, we look forward to having members of the Cowtown Angels participate in this ‘first-in-class’ pharmaceutical product development program.” - Betty Dillard

bdillard@bizpress.net

 

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