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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Barnett still packs economic punch, study finds

Despite reduced drilling and unstable gas prices, Fort Worth continues reaping the rewards of the Barnett Shale, according to a newly released study by The Perryman Group.7

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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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Texas economist says Denton fracking ban would cost city and state millions

A leading Texas economist says the proposed hydraulic fracturing ban in Denton would cost the city and the state of Texas hundreds of millions of dollars in lost gross product.
The economic study by The Perryman Group of Waco analyzed the effects on the economy and tax revenue to local entities and the state if hydraulic fracturing was banned in Denton.


“The economic impact of a hydraulic fracturing ban in the city of Denton would be extremely detrimental,” said Texas economist Ray Perryman in a press release.
The Perryman Group just completed the study for the Fort Worth Chamber of Commerce. Denton city staff expect Tuesday evening's public hearing on the measure to draw a huge crowd to city hall.
“Over the next the 10 years, a hydraulic fracturing ban in the City of Denton would negatively impact the city of Denton’s local economy by $251.4 million in lost gross product; 2,077 lost person-years of employment; and put a severe financial strain on the city and its taxpayers from millions of dollars in lost oil and gas related revenue,” Perryman said.


A Colorado-based group has been circulating a competing petition in support of hydraulic fracturing, or fracking.
The head of the agency that regulates the oil and gas industry in Texas wrote Denton city officials last week asking them to withhold their support for the petition. Outgoing Railroad Commission Chairman Barry Smitherman likened it to a "ban on drilling" that could injure the state's economy.
The Perryman study will be formally presented to the Denton City Council July 15 during at its public hearing on the proposed hydraulic fracturing ban. Less than 1,600 registered voters in the city of Denton have petitioned to have the Council either adopt a “hydraulic fracturing ban” or place the measure for voter consideration on the November 4, 2014 ballot.
Even if the council rejects the ban, Denton residents could vote on it in November.- Robert Francis, The Associated Press
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?