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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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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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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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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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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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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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