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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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Ohio developer bringing senior housing to Fort Worth

Scott Nishimura
snishimura@bizpress.net

An Ohio developer will build a $17.7 million, 124-unit senior affordable housing community in far south Fort Worth near Burleson.
The Miller-Valentine Group of Dayton, Ohio, plans The Reserve at McAlister senior living community on 7.5 acres north of McAlister Road, between Hemphill Street and Interstate 35W.
The company was expecting to close on a loan July 31, a company officer confirmed to the Business Press after a July 24 presentation to the Fort Worth Housing Authority board. The project, which will include 22 rental assistance units, is being facilitated by a package of federal low income housing tax credits plus $2.3 million in Fort Worth Housing Authority funds over 15 years.


Brian Dennison, the housing authority’s vice president of development and asset management, said in an interview that the housing authority has a list of “18,000-plus” people in need of affordable housing. “And the list grows every day,” he said. “All phones ring all day. There’s tremendous need.”
Miller-Valentine executives were not available for a longer interview on the property.
The property will include 112 income-restricted apartments and 12 market-rate units, according to documents the company filed with the housing authority.
The development will include one residential building with one- and two-bedroom apartments, as well as a clubhouse, leasing office and “common amenities,” according to the documents.
Miller-Valentine still must apply to the federal government for the rental assistance units. If the government does not grant them, the housing authority has committed to making a loan to the development instead.
The project will likely open within a year from the close of financing, Dennison said.
 

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