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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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$60M Allen, Texas high school stadium closed by cracks

$60M Allen Eagle Stadium faces more troubles. Photo courtesy of Allen ISD

ALLEN, Texas (AP) — A $60 million high school football stadium that opened to massive fanfare in 2012 will be shut down for the upcoming season after cracks were found in the building's concrete concourse.

Administrators in Allen, Texas, northeast of Dallas, had hoped to have Eagle Stadium ready for this fall's games, but said further inspections found the structural problems will need significant repair. They insist the architectural firm and construction company will fund any repairs.

The district said Tuesday that both companies had offered $1 million each to allow repairs to begin, but that their insurance companies refused to make the payments.

"Our commitment to Allen students and taxpayers

remains firm that the stadium be repaired properly at the expense of those responsible for the failure: the architect and the builder," superintendent Lance Hindt said in a statement.

Allen taxpayers approved a $119 million bond issue that included funding for the 18,000-seat stadium, with a high-definition video board, a second deck on one sideline and vendor stands hawking Chick-fil-A and Texas barbeque.

The facility is the flashiest example of the grandeur of high school football in Texas, where the "Friday Night Lights" have been glamorized in books, movies and television.

But the district had to close the stadium in February after extensive cracks were discovered in the concourse. An outside consulting firm hired by the district has found further building code violations, including parts of the stadium where seating capacity exceeds the legal maximum by more than 70 percent.

Allen, which won the Class 5A Division I state championship last year, will not sell football season tickets this year. It will host three "home" games at two stadiums in neighboring Plano and switch two other home games to road games.
 

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