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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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Alcon set for $34.7M data center project for Novartis

Scott Nishimura
snishimura@bizpress.net

Novartis is preparing this month to begin construction on a $34.7 million global data center at the South Fort Worth campus of its Alcon unit.

The data center will be along Alta Mesa Boulevard on the southern end of the campus off of the South Freeway.

Groundbreaking will occur this month, Elizabeth Harness Murphy, an Alcon spokeswoman said.

Construction will be complete in fall 2015. Alcon in January obtained an incentive package from the city of Fort Worth for the center, which will include an estimated $30 million in real property investment and $4.7 million in business personal property investment, according to city documents.

Novartis conducted a study in 2012 to determine where to locate global data centers and, in 2013, the company chose Fort With as the site for its Americas global data center.
 

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