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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

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Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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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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