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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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Southwest opens new chapter: international flights

 

DAVID KOENIG, AP Airlines Writer

DALLAS (AP) – After four decades of expanding to all corners of the lower 48 states, Southwest Airlines flies into new territory on Tuesday – Jamaica, the Bahamas and Aruba.

Southwest is taking over routes flown by AirTran Airways, which it bought in 2011. The company plans to eliminate the AirTran brand by year-end.

Southwest Flight 1804 left Baltimore-Washington International Airport on Tuesday morning for the airline's first overseas flight – to Oranjestad, Aruba. After the first three international destinations, it will add service next month to Cancun and Los Cabos in Mexico, and will start flying to Mexico City and Punta Cana in the Dominican Republic in November.

By late this year, Southwest will operate the flights from eight U.S. cities. Still, its foreign footprint will be tiny compared with rivals American, United and Delta, which fly to Europe, Asia and South America.

Southwest Airlines Co. carries more passengers within the U.S. than any other airline, but only about 1 percent of its passenger-carrying capacity is on international routes. That might not change much. CEO Gary Kelly said recently that international will be "a relatively modest component" of the airline's route system for the next several years.

Still, the international flying, plus expansion in New York, Washington and Dallas, are important as Southwest tries to regain momentum. In recent years, it has dealt with high fuel prices, a tepid U.S. economy, and tougher competition from old rivals as well as newcomers such as JetBlue and Spirit.

Southwest's traffic – the number of miles that passengers fly – grew by double-digit percentages from 2004 through 2006. It hasn't approached that kind of growth since, except in the year that it added AirTran. Last year, traffic grew just 1.4 percent, the second-smallest gain in this century.
 

 

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