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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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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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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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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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Rail service extension reaches D/FW Airport

GRAPEVINE, Texas (AP) — Light rail service at Dallas/Fort Worth International Airport began Monday with the first train officially arriving to link travelers to downtown Dallas.

Dallas Area Rapid Transit's Orange Line extension, the final nearly 5-mile stretch to reach the airport, opened four months ahead of schedule at the D/FW Airport Station.

The first train arrived shortly before 4 a.m. Monday, airport officials said. The $152 million extension offers service via Terminal A.

"This is a momentous day for our customers and for D/FW Airport, because passenger rail is a critical component to D/FW's status as a top-tier international gateway," said Sean Donohue, airport CEO.

The connection should be a major selling point to attract conventions and customers to Dallas, Donohue said.

DART previously relied on a combination of rail service and buses to reach Dallas/Fort Worth International Airport, which handles nearly 166,000 passengers daily.

"By adding 5 miles of rail to what was already the longest light rail system in North America, DART is connecting Dallas to the world through D/FW Airport," said Gary Thomas, DART president and executive director.

DART, a regional transit agency, operates the state's largest municipal rail system, serving Dallas and a dozen other North Texas cities and covering a geographic area of about 700 square miles.

Dallas/Fort Worth International Airport opened in 1974. DART was created by voters and funded with a 1-cent local sales tax in 1983.

 

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