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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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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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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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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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