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Mixed-use complex at Fort Worth TRE parking lot could cost $60 million

A design panel proposes two buildings on Trinity Railway Express lot on Near Southside, with a mix of apartments, retail, office and parking, and frontage on West Vickery and views across I-30 and overlooking downtown.

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Sundance Square prepares for time in college football spotlight

ESPN is bringing its College GameDay broadcast to Sundance Square to open and close the college football season this year.

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Trinity Terrace to build 23-story River Tower

Trinity Terrace, the Fort Worth retirement community that overlooks the Trinity River downtown, plans to launch construction in November on a 23-story River Tower, the nonprofit that owns the property said Friday.

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Fort Worth-area human resource awards seeks nominations

The Fort Worth Human Resource Management Association (FWHRMA) has announced their inaugural Human Resource Professional of the Year Award.

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Downtown Fort Worth TIF board extends two free parking leases

The short-term extensions for the City Center and 777 Main free parking leases, two of six downtown garages that offer free night and weekend parking paid for by the TIF, come as the TIF board debates best uses for its tax dollars as the district enters its final 10 years.

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Foreign-trade zone expansion plan seeks Fort Worth support
A. Lee Graham

Reporter

More companies could save property taxes and customs duties if the Fort Worth City Council and other entities support plans to expand foreign-trade acreage in Mercantile Business Park.

The issue is up for consideration at the next regular council meeting.

Pre-council begins at 4 p.m. Tuesday Jan. 7, with the regular meeting starting at 7 p.m. at City Hall, 1000 Throckmorton St.

The business park already offers 630 acres where Interstate 35W and Northeast Loop 820 meet north of downtown. Under the proposal, its boundaries would expand in all directions, notably meeting Interstate 35 to the west and Loop 820 to the north.

Having received a letter of support from Haltom City, the foreign trade-zone grantee has requested a similar letter from the city of Fort Worth.

Other affected cities are Saginaw and North Richland Hills.

Companies operating within such zones pay no duty on imports until they leave the zone for a domestic destination. Duties also are waived on items brought into the zone and exported since the items never enter customs territory. The idea is to lower the costs of U.S.-based companies engaged in international trade to create and retain employment and capital investment opportunities resulting from those operations.

In other business, the council will consider a rezoning request allowing 27,000 square feet of restaurant and retail space at La Gran Plaza west of Interstate 35W along West Seminary Drive. The property was previously zoned to allow a rodeo arena, plans that never reached fruition. With council approval, property owner Town Center Mall LP would remove rodeo use designation from the site plan and replace it with two pad sites for restaurant and retail uses.

lgraham@bizpress.net

 

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