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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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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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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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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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N.M. Democrats urge restraint on Tesla incentives

ALBUQUERQUE, N.M. (AP) — A dozen legislators and other Democrats say New Mexico shouldn't go overboard in granting tax breaks to Tesla so the electric car company locates a battery plant in the state.

Texas, Arizona and California also are trying to win the $5 billion battery plant.

In a letter to the Albuquerque Journal, the Democrats say any bid to attract the plant shouldn't rely solely on tax breaks.

The Democrats' letter says New Mexico can't afford to give up so much future tax revenue to Tesla that education and other needs aren't met. It also says incentives for Tesla shouldn't cause other taxpayers to pay more.

Republican Gov. Susana Martinez has said she might consider calling a special legislative session on economic incentives to make New Mexico more appealing to Tesla.

 

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