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North Tarrant Express completion date moved up to October

Fort Worth-area commuters can expect the 13.3-mile North Tarrant Express to open in full operation in October, eight months ahead of the original schedule.

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Left Bank project hits roadblocks on access, traffic

Questions about fire access and traffic are bogging down talks on an economic incentive agreement for the planned, $300 million Left Bank development on the Trinity River at West Seventh Street, Fort Worth officials and the developer acknowledge.

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TCU's Neeley School receives $30M donation as part of planned expansion

A $30 million foundation gift to Texas Christian University will help guide a $100 million facility expansion for the Neeley School of Business.

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Mixed-use complex at Fort Worth TRE parking lot could cost $60 million

A design panel proposes two buildings on Trinity Railway Express lot on Near Southside, with a mix of apartments, retail, office and parking, and frontage on West Vickery and views across I-30 and overlooking downtown.

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UPS adding Alliance, McKinney locations and 500 area jobs

UPS said Aug. 21 it will add two new package distribution facilities in the Dallas-Fort Worth area

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