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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

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Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Railroad Commission shakeup: Agency hires seismologist

 

AUSTIN, Texas (AP) — A key state agency announced Tuesday it is hiring a seismologist, part of an effort to tackle a sudden increase in earthquakes in areas with significant oil and gas drilling activities.

The Railroad Commission, which regulates drilling statewide, said the move came after a public meeting last week in Azle, a town frequently rattled of late by earthquakes, about 50 miles northwest of Dallas.

"It is imperative that the commission remain engaged and involved in gathering more evidence and data into any possible causation between oil and gas activities and seismic events," Commissioner David J. Porter said in a statement. "Commission rules and regulations must be based on sound science and proven facts. In order to do so, I propose the commission hire an in-house seismologist."

The statement said an on-staff seismologist will help the commission follow new research and better coordinate scientific information with the research community. The job has been posted, and the commission says it will conduct a nationwide search before filling it.

Earthquakes are not unheard of in North Texas, though they have been reported with greater frequency as the state experiences a boom in oil and natural gas exploration. Experts aren't sure what's causing the spike in seismic activity, but one theory is that the shaking could be related to wastewater from oil and gas drilling that is often discarded by injecting it deep into underground wells.

Research at various drilling sites around the country has shown that wastewater injections can weaken nearby fault lines and produce quakes big enough to be felt. 


 

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Did the College Football Playoff Committee get it right?