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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

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Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Railroad Commission hires seismologist to study Texas earthquakes
A. Lee Graham

Reporter

Unexplained earthquake activity has prompted the Railroad Commission of Texas to hire a seismologist.

“My objective is to develop a broad understanding of the impact of oil and gas extraction activities on the day-to-day lives of Texas residents,” said David Craig Pearson, a former team leader for a Los Alamos National Laboratory seismic field team, who holds a doctorate in geophysics from Southern Methodist University in Dallas.

“I believe the Railroad Commission must be able to quickly and factually determine the accurate location of all earthquakes in the state and be able to determine the cause of earthquakes, be they natural or man-made,” Pearson said.

“I plan to work to help clarify the root cause of earthquakes occurring by bringing all stakeholders’ concerns, questions, ideas and insights together to identify the best possible solutions,” Pearson said.

Speculation has mounted in recent months that saltwater disposal wells on natural gas drilling sites may be triggering the earthquakes.

“With more than 34,000 of these wells currently operating in Texas, it is important that sound science be our guide in determining if there are any links to seismic activity,” said Commissioner Christi Craddick.

“I welcome Dr. Pearson’s expertise to help us work on these issues,” Craddick said.      

As the commission’s in-house seismologist, Pearson is expected to allow the commission to strengthen its ability to follow new research, as well as coordinate an exchange of factual, scientific information with the research community.

Pearson’s duties will include coordinating with other academic experts studying seismic events in Texas; obtaining, studying and interpreting various forms of data to evaluate seismic activity associated with known faults and historic and-or ongoing oil and gas exploration and production activities; leading efforts to conduct research as well as internally integrate oil and gas science with seismic science; coordinating communications and information gathering with stakeholders; reviewing, analyzing, interpreting and commenting on technical data from seismic data sources, computer models and digital maps; and developing recommendations and action plans.

lgraham@bizpress.net

 

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