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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Fort Worth Police association planning 25,000-square-foot offices

The POA, which recently demolished its one-story building at 904 Collier St. near downtown, is planning a five-story replacement.

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Ex-Cowboy councilman Murrin buys Fort Worth Stockyards site

By Scott Nishimura
snishimura@bizpress.net

Businessman Steve Murrin closed this week on the purchase of 9.3 acres in the Fort Worth Stockyards from the Chesapeake Land Development Co. entity of Chesapeake Energy.

The 600 N.E. 23rd St. property, on the east side of Murrin’s River Ranch Stockyards event venue, crosses Marine Creek on its south end. Murrin’s Steve Murrin, Jr. Grandchildren’s Trust purchased the site.

Murrin, a former Fort Worth City Councilman who confirmed earlier this summer to The Business Press that he had the site under contract, said Wednesday he had no immediate plans for it, other than parking for River Ranch and “maybe put some Longhorns, some horses on it.”

“Like any Texan, all we want is the land next door,” Murrin, who spoke by phone from a mountain 9,000 feet up in Colorado, said.

Chesapeake has been selling property. A Chesapeake entity reportedly is selling its office tower in downtown Fort Worth to Hines, a Houston real estate firm. Chesapeake Land Development has another Stockyards site at 400 E. Exchange Street on top of the hill under contract to be sold.

Terms of the sale of the Northeast 23rd site, which closed Aug. 4, weren’t disclosed. Chesapeake had marketed the property for $2.50 per foot, or about $1 million.

Besides its adjacency to River Ranch, Murrin said the site is attractive because of it crosses Marine Creek and potentially engages with the Trinity River Vision plan.

That “is significant in the long run, if we get the Trinity River Vision complete,” Murrin said.

HGC Commercial represents Chesapeake on both Stockyards sites, with Eric Walsh representing HGC. The buyer’s broker on the Northeast 23rd site is undisclosed.

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