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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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Detours beginning for Panther Island project

Scott Nishimura
snishimura@bizpress.net

Beginning later this month, construction crews will detour traffic north of downtown in preparation for launching construction on three new bridges that are key pieces of the controversial Panther Island project.
During the third week of August, crews will detour traffic on White Settlement Road and Henderson Street, Mark Rauscher, Fort Worth’s senior capital programs manager, said.
And later this fall or in early winter, crews will detour traffic on North Main Street.
The Henderson and White Settlement bridges will cross a planned bypass channel, to be dug after the bridges are completed, and railroad tracks. The North Main bridges will cross the channel.


The bridges are scheduled to be completed in 2017 and 2018.
The Henderson detour will be a temporary, parallel road segment between White Settlement Road and west of North Rupert Street.
Westbound traffic on White Settlement Road coming from Henderson will be detoured north on North Commercial Street back to Henderson. White Settlement Road between Commercial and west of Rupert will be closed for the bridge construction.
The North Main detour will be a temporary, parallel road segment between LaGrave Field and east of Northside Drive.
The detours will cost about $2 million, with the city carrying most of that expense, and the state picking up a small portion, Rauscher said.


The detours are designed to have minimal impact on businesses in the area, Rauscher said.
North University Drive and Carroll Street running north from West Seventh Street will be the primary ways to get to businesses on White Settlement east of University.
Texas Sterling won the $65.5 million contract to build the bridges, to be paid for by city, state, and federal money.
The bridges are part of the massive $900 million-plus Panther Island flood control and economic development project.
Critics worry there won’t be enough available federal money to build the bypass channel once the bridges are built. Officials say it will cost much less and be much easier to build the bridges before the bypass is dug and full of water.
 

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