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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Irving man sentenced for defrauding investors

DALLAS (AP) — A North Texas man has been sentenced to nearly six years in prison for defrauding people seeking to invest in a restaurant franchise.

Michael David Carroll of Irving was sentenced Monday in federal court in Dallas. He was ordered to pay $1.4 million in restitution. He had pleaded guilty in April to wire fraud.

Prosecutors say the 38-year-old Carroll was a director of The Salad Bowl Franchise Corp. They say from 2008 to 2010 Carroll ran a scheme to defraud investors by inducing them to purchase a franchise from him.

He provided false financial data to investors, including inflated sales figures at some franchise locations. Carroll admitted to investigators that he had used investor funds for his own purposes.

He also acknowledged forging a signature to obtain a $23,000 loan.

 

 

 

 

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