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Bicycling, fitness center, rooftop bar coming to Clearfork's Trailhead

An 11,000-square-foot bicycling and fitness center is headed for the Trailhead at Clearfork on the Trinity River in west Fort Worth, Cassco Development said Wednesday.

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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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Hanover Property plans $300M Fort Worth residential development

A. Lee Graham

lgraham@bizpress.net

Hanover Property Co. of Dallas has snapped up 358 acres at FM 156 Blue Mound Road and U.S. 287 in North Fort Worth for a $300 million, master-planned development.
Berkshire, as the community will be known, will offer 750 single-family homes, with 282 homes on 50- and 60-foot lots planned for the first phase. Groundbreaking is set for later this month.
Builders include Highland Homes, American Legend Homes, Ashton Homes and K. Hovnanian Homes, with residences priced between the low $200,000s and mid-$300,000s.


“Berkshire will offer an excellent opportunity for first- and second-move up households that are seeking a family-oriented neighborhood at an affordable price in North Fort Worth,” said Ted Wilson, principal with Dallas-based new home research firm, Residential Strategies Inc.
Anchoring the development will be a resort-style amenity center featuring an open-air clubhouse, swimming pool and splash pad. Plans also include a trail system, five-acre pond and open green space, as well as a playground.


The first phase of lots will be available in spring 2015, with model homes to open soon after that, according to Hanover Property officials. The master plan spans 30 acres of commercial and 17 acres of multifamily property. Financing the project will be Texas Capital Bank, with Hanover working with Jacobs Engineering to develop the site plan, as well as Mesa Design Group.
 

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