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Bicycling, fitness center, rooftop bar coming to Clearfork's Trailhead

An 11,000-square-foot bicycling and fitness center is headed for the Trailhead at Clearfork on the Trinity River in west Fort Worth, Cassco Development said Wednesday.

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Glen Garden rezoning for distillery, attraction, goes forward on 7-2 Fort Worth council vote

Fort Worth Mayor Pro Tem W.B. "Zim" Zimmerman moved to approve the rezoning on a substitute motion, after Council member Kelly Allen Gray initially moved to deny the case.

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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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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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