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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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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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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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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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Gossage upset with Formula One scheduling

AUSTIN, Texas (AP) — The top executive at Texas Motor Speedway is frustrated over Formula One's decision to hold the United States Grand Prix at Austin on the same weekend that his track hosts all three of NASCAR's national series.

Speaking before Tuesday's celebration of Dale Earnhardt Jr.'s victory in the Daytona 500, Eddie Gossage said the scheduling change was "arrogant."

"I absolutely think it's foolish," said Gossage, the track's president and general manager. "It's a shot fired by Formula One at NASCAR. I can't say I was surprised because (F1 CEO) Bernie Ecclestone does a lot of foolish things. The thing he unfortunately doesn't recognize is there is an 800-pound gorilla when it comes to major American motor sports. The 800-pound gorilla is NASCAR."

Texas Motor Speedway will host the NASCAR Sprint Cup's AAA Texas 500 on Nov. 2, the same day F1 will hold its only event in the United States this year.

Messages were left Tuesday night seeking comment from the Circuit of the Americas, where the F1 event will be held, and the FIA, the governing body for the sport.

"Any time you cut something into two pieces, whether it's 50-50, 60-40 or 99-1, it doesn't matter who's got the 99 and who's got the 1, it's less than 100 percent," Gossage said. "It's just not smart. There's 52 weeks in the year. But that was the only weekend that Formula One could make it work in Austin, Texas. Give me a break."

Gossage thinks a stronger stance by the management at Circuit of the Americas would have prevented the scheduling issue.

"It wouldn't have happened if they had the strength and the fortitude to stand up and say no," Gossage said.
 

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