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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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Texas Health Care expands Magnolia lease

Lincoln Harris CSG has negotiated a renewal and expansion of Magnolia Medical Tower’s lease on behalf of Texas Health Care PLLC.
The expansion spans 3,015 square feet at the 1307 Eighth Ave. property in Fort Worth and brings the total transaction to 10,343 leased square feet.

“The recent renovation of Magnolia Medical Tower makes it a premier space in the health care real-estate market,” said Banks Newton, transaction manager with Lincoln Harris CSG, commenting in a news release.
“We are pleased that the property has continued to meet the needs of Texas Health Care,” Newton said.

Representing Velocis, a private equity real-estate fund that owns the building, in the transaction was Newton. Velocis recently completed $1.5 million in renovations at the property to improve the quality of the asset for current and future tenants. Steve Relyea of The Relyea Co. negotiated on behalf of the tenant, Texas Health Care, a specialty physician group practice owned and governed by physicians, for physicians.

Among the six-story building’s renovations are new corridor finishes, renovated lobby areas and reconstructed restrooms. The building’s entries and exits now feature upgraded doors for what planners call a more cohesive look and to ensure Americans with Disabilities Act compliance. Also upgraded are the tower’s mechanical and fire alarm systems.

Most of the building was repainted, and new signage was installed. Also part of the renovation is a new canopy over the walkway bridge leading from the parking garage roof to the office building.

Formerly known as Medical Arts Building, the tower is adjacent to Baylor All Saints Medical Center. The renewal and expansion bring the building to 75-percent occupancy.

— A. Lee Graham
 

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