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Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Hilton Fort Worth named to Historic Hotels

The Hilton Fort Worth is one of 24 hotels named a member of the Historic Hotels of America, the Washington, D.C.-based group announced on Nov. 18.

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Mansfield to gain new senior living community
A. Lee Graham

Reporter

The Rochester Group of Fort Worth and 2GR Equity Partners of Grapevine have joined forces in developing a 95-unit senior living facility in Mansfield.

Known as Rochester Springs Assisted Living and Memory Care, the project is funded through an equity investment between the firms.

The joint venture promises a 73,344-square-foot assisted living and memory care facility offering 51assisted living units and 44 memory care units.

The facility will span part of 3.09 acres on the northeast corner of East Broad Street and Matlock Road across from the 168-bed Mansfield Methodist Medical Center.

Designing Rochester Springs was Three Living Architecture, with Dallas-based 12 Oaks Senior Living managing the property.

Construction is set to begin within 30 days, with the facility opening in summer 2015.

Rochester Springs marks 2GR Equity’s second investment in the past year in developing a senior living community in Texas.

“Everyone knows the senior living market is frothy right now; however, success can still be found in a product type like this if you have the right team assembled,” said David Gregory, equity principal and co-founder of 2GR Equity, commenting in a news release.

“We feel we have all of those aspects working for us on this transaction,” Gregory said.

lgraham@bizpress.net

 

 

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What was the message of the midterm elections?