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Bicycling, fitness center, rooftop bar coming to Clearfork's Trailhead

An 11,000-square-foot bicycling and fitness center is headed for the Trailhead at Clearfork on the Trinity River in west Fort Worth, Cassco Development said Wednesday.

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Glen Garden rezoning for distillery, attraction, goes forward on 7-2 Fort Worth council vote

Fort Worth Mayor Pro Tem W.B. "Zim" Zimmerman moved to approve the rezoning on a substitute motion, after Council member Kelly Allen Gray initially moved to deny the case.

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Will Rogers arena plan moves ahead on Fort Worth council's vote

City Council members voted unanimously on a resolution that says it supports a 50-50 public-private partnership for a new arena that also would pave the way to raze the city's Convention Center arena and replace it with modern meeting space.

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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Fort Worth needs to replace downtown arena, add premium hotels, study says

By Scott Nishimura
snishimura@bizpress.net

A study of Fort Worth’s convention and hotel market preliminarily will recommend the addition of a new “state of the art multipurpose arena” to replace the aging one at the Fort Worth Convention Center, the construction of a second major meeting hotel next to the Convention Center, and the “potential expansion” of the Omni Fort Worth.

Hunden Strategic Partners, retained by the city and Fort Worth Convention and Visitors Bureau, will make its full recommendations to the City Council on July 15, City Manager told Mayor Betsy Price and council members in a report Friday.

The study has been widely expected to recommend the replacement of the arena and addition of more full-service hotel space downtown.

"We're in a very healthy hotel market," Bob Jameson, CEO of the Convention and Visitors Bureau, said Friday.

The study will say the Fort Worth meeting market has “absorbed” past additions of convention and hotel space.

“The hospitality package is again hamstrung by a lack of high-quality exhibit, ballroom and meeting room space, and well as large, walkable hotel room blocks,” Higgins said in his report.

“Event planners and promoters love the Fort Worth experience, but cannot be accommodated by existing facilities, due to space or quality issues,” he said.

Fort Worth business leaders have supported improvements to the Convention Center and more full-service hotel space.

Jameson said Friday the study would address potential sites.

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