Join The Discussion

 

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.

read more >

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.

read more >

20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

read more >

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.

read more >

Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

read more >

Canadian developer announces master-planned community in Chisholm Trail corridor

A. Lee Graham

Reporter

The Walton Group of Cos. has acquired 1,755 acres along Fort Worth’s Chisholm Trail Parkway for a master-planned community.

Walton, a Calgary-based real estate investment and development group with U.S. headquarters in Scottsdale, Ariz., acquired the 1,755-acre property from the Texas General Land Office in Tarrant County. The company hopes its project will help meet growing residential and commercial needs in the corridor.

“With over 25,000 acres of land under administration in Texas, Walton is committed to getting more involved in Tarrant County and working with local officials to expand economic opportunity in the region,” said CEO Bill Doherty in a news release.

The property is bisected by the recently opened Chisholm Trail Parkway corridor with land to the east and west of the 27-mile parkway. Much of that land had been part of a planned "prairie park" to preserve native plants and species, but supporters did not raise the funds to purchase hte land. 

District 6 Fort Worth City Councilman Jungus Jordan helped oversee the $1.4 billion parkway and voiced support for growth surrounding the corridor.

“It took a tremendous and dedicated effort to see the Chisholm Trail Parkway become a reality for the citizens of Tarrant County,” Jordan said. “We want to see this area grow and prosper and we hope this development announcement from Walton is the first of many.”

The acquisition marks Walton’s first in the Fort Worth area. The company currently oversees more than 25,000 acres of land in Ellis, Hunt and Grayson Counties in North Texas, as well as Hays and Caldwell Counties in Central Texas.

lgraham@bizpress.net

 

< back

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