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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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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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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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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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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Southwest announces potential flights from Dallas
 

DALLAS (AP) — Southwest Airlines Co. is raising the ante over Dallas Love Field.

The airline said Monday it will begin flying next year from Dallas to Boston; Oakland and San Jose, Calif.; Portland, Ore.; and Panama City Beach, Fla. A law banning those flights with large planes like Southwest's Boeing 737s expires in October. Southwest recently announced the first 15 cities it will serve.

Southwest says that if it gets two more gates that American Airlines must sell, it will fly to San Francisco and Sacramento, Calif.; Seattle; Minneapolis; Philadelphia; Newark, N.J.; Detroit; Indianapolis; Memphis, Tenn.; Charlotte and Raleigh-Durham, N.C.; and Charleston, S.C. American agreed to sell the gates to settle a government lawsuit challenging its merger with US Airways.

Delta Air Lines Inc. and Virgin America also want the gates. The U.S. Department of Justice will decide.

Delta’s hopes to acquire the gates dimmed Monday when the Justice Department said in a court filing that it does not consider the airline to be an appropriate candidate for the gates. The filing said that letting Delta have the gates would be “inconsistent” with the government’s goal of increased competition.

In response, Delta issued a statement maintaining that the city of Dallas, not the federal government, should decide how the gates are used.

“It is Delta’s unwavering position that the two gates in question at Dallas Love Field should return to the City of Dallas to be managed by the city for common use,” the statement said. “Officials of the City of Dallas are uniquely positioned to decide what to do with these gates based on what is best for their citizens and businesses. If the gates revert to the city, competition will be enhanced. Love Field will be able to accommodate all the carriers that want to serve it.”
 

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