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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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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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