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Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

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On the rise: Kolache bakery stirs up Fort Worth breakfast scene

Investment bankers Wade Chappell and Greg Saltsman didn’t know anything about baking or how to make kolaches when they started their own kolache delivery business in Fort Worth. The two friends just loved eating the Czech pastries but couldn’t find a product they liked locally.

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Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

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Fort Worth denies three building permits amid TCU overlay debate

City Council members will consider appeals on the three single-family permits Tuesday.

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Taking a RIDE: Fort Worth-based network saddles up for broadcast

As a media executive and owner of television studios, Michael Fletcher has been pitched some ideas before. Like the one from a local preacher who wanted to bust prostitutes and drug dealers – on air – and urge them to come to God.

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Renaissance Square apartment development gets boost from housing board vote

By Scott Nishimura
snishimura@bizpress.net

The Fort Worth Housing Finance Corp. on Tuesday approved a $1.3 million, five-year loan to aid the development of a 140-unit apartment community at the Renaissance Square development in southeast Fort Worth.

The board - the full Fort Worth City Council - voted unamimously, after a motion by member Kelly Allen Gray, whose council district includes Renaissance Square.

The city staff recommended approval of the loan, which carries an interest rate of the lower of 1 percent of an applicable federal rate. The loan is subordinate only to the overall permanent financing for the project, Jay Chapa, HFC’s assistant general manager, told the board.

Development cost for the project, to be developed by Columbia Residential of Atlanta, is estimated at $20 million, Chapa said. 

The community will have 112 affordable-rent apartments and 28 market-rate ones. It’s the first residential component to come off the drawing board for the mixed-use development at East Berry Street and U.S. 287, launched with the opening of a Walmart store.

“What we’re going to see is a different level of affordable housing,” Council member Gyna Bivens said.

Rod Teachey, Columbia vice president of development, said Columbia is waiting for approval of a 9 percent tax credit allocation from the state before it breaks ground.

It expects to hear in July, Teachey said. If it gets that, ground-breaking would likely be in the first or second quarter next year, Teachey said. 

Columbia develops and manages affordable housing communities.
 

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