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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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Trinity Valley School leader to leave in May 2015

Gary Krahn, head of school for the past eight years at Trinity Valley School in Fort Worth, will leave his position in May 2015 when he and his wife Paula will move

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One City Place gains $41.5M loan

One City Place. 

A.Lee Graham

lgraham@bizpress.net

One City Place has gained a $41.5 million senior loan for recapitalization and lease-up, with PCCP LLC providing Spire Realty Group LP that amount for the vacant, 313,953-square-foot Class A office building in downtown Fort Worth.
Dallas-based Spire owns the 1.2-million-square-foot, three-building development at 300 Throckmorton St. The site includes Two City Place, a sister office building, as well as a retail-parking structure building.


Spire acquired City Place in 2011. Since then, it has invested capital into renovating the property, left vacant and in shell condition by the previous ownership. Built in 1978, the 19-story office tower served as Radio Shack’s headquarters until it vacated the property in 2005.
“The property is best-in-class for the area and has already attracted significant interest from potential tenants,” said Ron Bonneau, vice president of PCCP, commenting in a news release.


Arranging the financing on behalf of Spire were Wally Reid and Corby Chaffin of Holliday Fenoglio Fowler LP offices in Houston.
 

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?