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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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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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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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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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Globe Life Park is new name for Ballpark in Arlington

ARLINGTON, Texas (AP) — The Texas Rangers reached a 10-year deal Wednesday to immediately change the name of their 20-year-old stadium to Globe Life Park in Arlington.

Rangers Ballpark is being renamed under an agreement with Globe Life and Accident Insurance Co. of Oklahoma City. Globe Life, which began operations in 1951, is a wholly owned subsidiary of Torchmark Corp. in McKinney, which is in the Dallas area.

Financial terms weren't disclosed.

"Globe Life is the perfect partner — a Texas-based company that has been helping families with their insurance needs for more than 60 years," Rangers co-owners Ray Davis and Bob Simpson said in a statement. "This agreement makes us a stronger organization, on the field and in our community. It will give us increased flexibility and help us remain competitive from both short-term and long-term perspectives."

Last July, the adjacent Dallas Cowboys' stadium was renamed AT&T Stadium under a lucrative long-team deal with the Dallas-based telecommunications giant.

Under the agreement, Globe Life will be the official life insurance partner of the Rangers. The company will also make a substantial commitment to support youth baseball and softball programs through a grant partnership program with the Texas Rangers Baseball Foundation.

Bill Leavell, president of Globe Life, said the life insurance provider has more than 330,000 policyholders in Texas. The company, with 3.9 million policyholders overall, employs 650 people at offices in Oklahoma City and McKinney.

"Sponsorship of Globe Life Park in Arlington is a natural fit for Globe Life And Accident Insurance Company," Leavell said. "We look forward to expanding our community involvement and helping make a difference in the lives of Texas families."

With the Rangers renaming their stadium, 21 of the 30 major league teams have now sold naming rights to their ballparks.


 

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