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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 sees $50M for TEX Rail in Obama budget

A. Lee Graham

Reporter

Fort Worth public transit plans have received a shot in the arm with news that the proposed TEX Rail project has been included in President Barack Obama’s fiscal 2015 budget.

“We are gratified and excited that the TEX Rail project has been designated for $50 million in funding next year,” said Scott Mahaffey, chairman of the Fort Worth Transportation Authority, or The T, in a news release.

That’s out of $820 million expected to be needed to fulfill the commuter rail vision, a 37-mile commuter rail line planned to run from southwest Fort Worth to Grapevine and into the north end of Dallas/Fort Worth International Airport. Supporters hope the line will open by 2017.

“This is a true reflection of our partnership with the Federal Transit Administration and the diligent work of The T’s staff,” Mahaffey said.

In making the Tuesday announcement, Mahaffey acknowledged what he called strong project support from the cities of Fort Worth and Grapevine, as well as project stakeholders.

“They are the key to our continuing with this important project. This vital commuter rail project will connect downtown Fort Worth with Grapevine and D/FW Airport. This is an important partnership milestone for the region,” Mahaffey said.

lgraham@bizpress.net

 

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