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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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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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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?