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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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Woodhaven Country Club has new owner, fresh investment coming

By Scott Nishimura
snishimura@bizpress.net

Woodhaven Country Club has a new owner.

Owner Lou Scoma, who bought the private club and golf course in 2011, has sold it to a new owner, Edward Martinez, assistant general manager, confirmed Friday.

The new owner, not yet identified, has agreed with Scoma to invest $1 million in renovations to the East Side property, Joe Epps, president of the Woodhaven Community Development Inc. economic development organization, said.

Scoma was travelling Friday and could not immediately be reached for comment.

Epps, in an interview, said Scoma has told him that a Las Vegas investment group is the buyer.

“We don’t know who it is,” he said. “They have kept it secret all the way.”

The club is planning a May 21 news conference to reveal more information, Martinez said.

Scoma has invested significantly in the club in the short time he’s owned it, installing security fences and cameras and chains across cart paths that block access after hours, and making other improvements, Epps said.

Epps and other Woodhaven area leaders have high hopes that the new owner will spur membership and deepen ties within the community.

The new owner has told the community development organization and Woodhaven Neighborhood Association they can hold meetings for free at the club in the future, Epps and Bill Jackson, president of the Woodhaven association said.

Both organizations had stopped holding regular meetings at the club because of the expense.

“For many years, (the club) was kind of a central thing for the neighborhood,” Jackson said. “I think (the ownership change) will benefit the neighborhood and the club.”

Woodhaven is on the former site of the 740-acre W.J. Boaz Ranch. In 1969, investors including Gov. John Connally, Perry and Sid Bass and Mike Myers bought the land with plans to develop into a community surrounded by a private club.

The golf course opened in 1972. The clubhouse opened in 1973.

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