Join The Discussion

 

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

read more >

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.

read more >

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.

read more >

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.

read more >

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.

read more >

Geren to chair Sam Rayburn Foundation

Pete Geren and Dee J. Kelly in Sam Rayburn Library in  Bonham. 

Pete Geren, a former member of Congress from Fort Worth and former Secretary of the Army, has been elected chairman of the Sam Rayburn Foundation, replacing longtime chairman Dee Kelly, a Bonham native and Fort Worth attorney who worked as a clerk for Rayburn while attending law school in Washington.

Rayburn was a Democratic lawmaker from Bonham who served as Speaker of the U.S. House of Representatives for 17 years, the longest tenure in history. Rayburn was a mentor to many aspiring political figures in the Lone Star State, including Lyndon B. Johnson, who rose through the ranks of Congress to become president of the United States.

The Sam Rayburn Foundation, a charitable trust formed in Bonham in October 1949, was started with a $10,000 gift from Rayburn, who had received the money in conjunction with an award from Collier's Magazine recognizing Rayburn's service to the nation. The Foundation's Rayburn Museum, including a library that currently houses Rayburn's papers, was acquired by the University of Texas at Austin in 1991 and is currently operated by the Center of American History of the University of Texas Library System.

According to The University of Texas Investment Management Company
(UTIMCO), the initial amount recorded for the Sam Rayburn Library Endowment in 1990 was $3 million. The initial gift from the Sam Rayburn Foundation included the property and contents of the Sam Rayburn Library. According to the 2013 annual report from UTIMCO, the current value of the Rayburn Endowment is $5.2 million.

Geren succeeded former U.S. House Speaker Jim Wright as Fort Worth's congressman in 1989 and served until 1997. He was appointed Acting Secretary of the Air Force in 2005 and Secretary of the Army in 2007. He currently serves as executive director of the Sid Richardson Foundation in Fort Worth. Kelly is a founding partner of the Kelly Hart & Hallman law firm. Kelly, who joined the Rayburn Foundation board in 1976, will continue to serve alongside other trustees, including Rep. Ralph Hall, R-Bonham, the longest serving member of the House of Representatives. Other trustees include Don Carleton, executive director of the Dolph Briscoe Center for American History in Austin; Sharron Cox of Bonham; Carmen Craig of Dallas; and Cindy Kelly Barnes of Austin.
 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?