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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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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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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.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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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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