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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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The T names Ballard as new president-CEO
A. Lee Graham

Reporter

Paul J. Ballard has been named president and CEO of the Fort Worth Transportation Authority (The T), effective April 14.

Ballard, CEO of the Nashville Metropolitan Transit Authority and the Regional Transportation Authority of Middle Tennessee., succeeds Dick Ruddell, who resigned from The T late last year.

“This is the executive we want to lead The T at this point in time,” said T Board Chairman Scott Mahaffey in a news release.

“His experience will be valuable to us as we navigate the next few years. Particularly in the area of commuter rail and the FTA’s New Starts process, Paul’s leadership is something that we will count on for our TEX Rail project,” Mahaffey said.

Ballard has served as chief executive or general manager of multiple transit systems. He also has served as president of two national transit management firms and operated or consulted on transit operations in 38 U.S. cities in 19 states.

Ballard’s appointment follows the evaluation and interviews of final candidates by an executive search committee comprising T board members and business and community leaders in Tarrant County. Candidates were recruited and recommended by a national search firm based on their leadership experience in public transportation, emphasizing passenger rail.

"I am looking forward to working with the Fort Worth transportation board, management team, staff and city officials to implement the T’s transit goals.  I will enjoy participating in the significant changes underway such as the TEX Rail project,” Ballard said.

Ballard will fill the top position at The T that has been filled on an interim basis by Anthony Johnson, chief operating officer.

lgraham@bizpress.net

 

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