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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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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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