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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Fresh Market announces first Fort Worth location

Robert Francis

rfrancis@bizpress.net

Fresh Market is coming to Fort Worth.

Following up on its recent announcement of its first Tarrant County location in Southlake, the specialty grocery chain plans to open at WestBend, the Trademark Property Co. mixed-use development on University Drive.
Scheduled to open in early 2015, Fresh Market will be a 21,000-square-foot European-style market on the southeast corner of the WestBend project on University Drive, directly across from University Park Village. Demolition of a parking garage is now complete and construction will soon begin on the new 81,150-square-foot building featuring 23,500 square feet of retail, including Fresh Market and a trailside café, and 57,650 square feet of Class A office space above. A new traffic light will be added as part of the expansion plans to improve traffic flow in and out of the project.


Also coming to WestBend will be Grimaldi’s Pizzeria, the first Fort Worth location for the restaurant. The 3,950-square-foot Grimaldi’s will be located along the Trinity River and includes a large trailside outdoor patio and roll up doors creating and indoor/outdoor bar area. Grimaldi’s is scheduled to open early spring 2015.
“The Fresh Market and Grimaldi’s will be great additions to WestBend and the University District,” said Trademark CEO Terry Montesi in a news release. “We are pleased to be able to expand the retail footprint of our hometown’s premier urban lifestyle retail district. The strong sales at University Park Village across the street have created tremendous pent up demand for additional retail space.”
Last month, Fresh Market announced plans for its first Tarrant County grocery store, saying it has signed a lease for a location at Southlake Boulevard and South Carroll Avenue in Southlake.
Fresh Market said it expected to open that store this fall. It will be the chain’s third in the Dallas/Fort Worth area, following previously announced new locations at the Turtle Creek Village and Arboretum Village centers in Dallas, both of which are set to open this year or next.
This report includes information from the Fort Worth Business Press archives.
 

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