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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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Makeover of historic Fairmount church gym can proceed

By Scott Nishimura
snishimura@bizpress.net

The makeover of Fairmount’s former College Avenue Baptist Church Sunday School & Athletic Building can now proceed, with a rezoning granted Tuesday by the Fort Worth City Council.

Council members voted 9-0 to approved the rezoning to planned development/mixed-use, excluding restaurants.

Kris Fagala, the Grapevine businessman who bought the building in January, plans light commercial such as professional offices and a small parking garage on the first floor and two floors of residential lofts on top of that.

The historic three-story brick building - a former church gym built in 1925 - has stood vacant and for sale on the north end of Fort Worth’s Fairmount neighborhood for years.

The 28,000-square-foot building - the former College Avenue Baptist Church gym at 1329 College Ave., one block south of West Magnolia Avenue’s new restaurants and bars - has long been a curiosity in Fairmount, as the neighborhood gentrified around it.

Fagala plans to cut a garage door into the south side of the building to allow access to parking inside, where an old swimming pool now sits.

The rezoning from community facility allows the commercial and residential.

The mixed-use-1 zoning prohibits bars, said. Fagala agreed to have the restaurant exclusion written into the site plan that gies with planned development zoning.

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?