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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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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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