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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 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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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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University of Texas gets $60 million gift

AUSTIN, Texas (AP) — The Houston-based Mulva Foundation is making a $60 million pledge to the business and engineering schools at the University of Texas.

The gift announced Friday will help build a new $310 million engineering research and education center, and renovate the graduate school and administration buildings in the business school.

Jim Mulva earned undergraduate and graduate degrees at Texas in 1968 and 1969. He served in the U.S. Navy and was stationed in Bahrain with Bill Powers, who is now the university president. His business career included serving as chairman and chief executive of ConocoPhillips.

Jim and Miriam Mulva began their philanthropy with Texas in 1986 with a $100 donation to the McCombs Schools of Business in 1986. They later donated $15 million to build the school's liberal arts building.

 

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