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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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Broad coalition backs Keystone XL oil pipeline

 

MATTHEW DALY, Associated Press

 

 


WASHINGTON (AP) — An unusual coalition of lawmakers from both parties, labor and business leaders, veterans groups and Canada's ambassador to the United States joined forces Tuesday to push for quick approval of the Keystone XL oil pipeline.

Five Democrats joined Republicans at a Capitol news conference to urge President Barack Obama to approve the pipeline following a State Department report last week that raised no major environmental objections. The $7 billion pipeline would carry oil from tar sands in western Canada to refineries along the Texas Gulf Coast. The project has lingered for more than five years and has become a symbol of the political debate over climate change.

Canadian Ambassador Gary Doer also spoke at the news conference, along with labor union officials and a retired Navy admiral. A top oil industry lobbyist attended the event but did not speak.

Environmental groups that oppose the pipeline have been making a lot of "noise," Doer said, but polls show a majority of Americans favor the project. Pipeline opponents, including many Democratic lawmakers, say it would carry heavy oil that contributes to global warming. They also worry about a spill.

Doer urged Obama to "choose blue-collar workers over Hollywood celebrities" and accept crude oil from Canada — the closest U.S ally — over oil from Venezuela. Robert Redford and Daryl Hannah are among scores of celebrities who have spoken out against the pipeline.

Sen. Mary Landrieu, D-La., said the time to build the pipeline "is now," adding that pipelines are safer and more environmentally friendly than oil that is transported by trains or trucks.

Keystone XL, proposed by Calgary-based TransCanada Corp., not only would create jobs and boost her state's economy, it also would "connect two of the strongest allies in the world," Landrieu said.

"I would swap Canada for Venezuela any day of the week and twice on Sunday," added Rep. John Barrow, D-Ga., another pipeline supporter.

A report released Friday by the State Department cited no major environmental objections to the 1,179-mile pipeline, which would carry oil through Montana and South Dakota to a hub in Nebraska, where it would connect with existing pipelines to get the oil to refineries on the Texas Gulf Coast.

Pipeline supporters say it will create thousands of jobs and move the U.S. toward North American energy independence.

Foes say the pipeline would carry "dirty oil" that contributes to global warming. The State Department report says oil derived from tar sands in Alberta generates about 17 percent more greenhouse gas emissions than traditional crude. But the report makes clear that other methods of transporting the oil — including rail, trucks and barges — would release more greenhouse gases than the pipeline.

The news conference in support of the pipeline came as environmental activists held vigils throughout the country on Monday to protest the pipeline, including one outside the White House attended by about 250 people. Opponents also are scheduling "pipeline meet-ups" throughout February to encourage people to raise the issue with candidates in the 2014 elections.

Joining Landrieu and Barrow at the Capitol event Tuesday were Democratic Sens. Joe Manchin of West Virginia, Heidi Heitkamp of North Dakota and Mark Pryor of Arkansas. Landrieu and Pryor face tough re-election fights this year in energy-producing states where the pipeline is popular and Obama is not. Republican Mitt Romney easily carried Louisiana and Arkansas in the 2012 presidential election.

Landrieu, who is expected to become chairwoman of the Senate Energy Committee later this month, said she is "open to whatever needs to be done" to approve the pipeline, including use of the project as a bargaining chip with Republicans in upcoming talks over raising the federal debt limit.

Rep. Lee Terry, R-Neb., said GOP House leaders have no intention of attaching the pipeline to any must-pass legislation before a 90-day comment period concludes in May.

 

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