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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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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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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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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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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

 

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