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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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Vought move may bring 500 jobs to Arlington

 

Vought Aircraft, a division of Triumph Aerostructures, is making a move to Arlington that may bring about 500 jobs to the city.


Vought Aircraft is relocating its engineering services operations, including aerospace product development, as well as its division management and shared services to a 100,000 square foot facility at 1401 Nolan Ryan Expressway. When complete, Triumph will relocate approximately 500 full time employees and related contractors to this facility, with an average salary of $100,000, according to a city of Arlington release. Most of those workers were previously at a Vought plant in Dallas that is being closed.


The Arlington City Council recently approved a 10 year performance-based grant in an amount not to exceed $120,000 annually. The grant will help offset costs related to relocation and retrofitting the facility to accommodate Triumph’s operations.
Triumph Aerostructures’ Vought Aircraft Division designs, tests and manufactures aerostructures for commercial, military and business jet aircraft. Products include fuselages, wings, empennages, nacelles and helicopter cabins. It is a subsidiary of Triumph Group Inc., which purchased Dallas-based Vought Aircraft Industries Inc. in June 2010.
 

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