Join The Discussion

 

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

read more >

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.

read more >

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.

read more >

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.

read more >

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.

read more >

North Tarrant Express completion date moved up to October
A. Lee Graham

Reporter

Fort Worth-area commuters can expect the 13.3-mile North Tarrant Express to open in full operation in October, eight months ahead of the original schedule.

“Our project team has been working incredibly hard to complete all of the intersections and bridges, and get the final pavement in place,” said Robert Hinkle, director of corporate affairs for NTE Mobility Partners in a news release.

Thanks in part to its partnership with the Texas Department of Transportation, Hinkle said his agency was able to accelerate the construction schedule.

The five-year, $2.5 billion project began in late 2010. It has included reconstructing expanded frontage lanes and main lanes and the addition of TEXpress managed lanes, along Loop 820 and Texas 121-183 between Interstate 35W in Fort Worth and Industrial Boulevard in Euless.

Final paving and striping is currently underway throughout much of the corridor, with all major construction activities now completed, according to NTE Mobility Partners.

The NTE project is expected to nearly double the road capacity with the addition of TEXpress lanes throughout the length of corridor, officials said. Motorists may travel along the newly rebuilt general highway lanes and frontage roads free of charge, or enter TEXpress Lanes, featuring variable aimed at keeping minimum speed at 50 mph.

Signage, including dedicated entrance and exit ramps, will guide drivers safely on and off each segment. Sensors along the roadway will transmit information about vehicle volume and congestion levels. Tolls are planned to be recalibrated as often as every five minutes to ensure the smooth flow of traffic.

“This is truly groundbreaking technology that represents the next generation of effective traffic management,” Hinkle said.

TEXpress lanes also will be added to Interstate 35W from downtown Fort Worth to the U.S. 287 interchange. NTE Mobility Partners is the developer on the southern section of Interstate 35W, from Interstate 30 near downtown to just north of the Interstate 820 interchange. Pre-construction activity is now underway along Interstate 35W with completion of the north and south segments expected in 2017.

More information on the North Tarrant Express project is available at www.northtarrantexpress.com. Information on NTE TEXpress lanes is available at www.NTETEXpress.com.

lgraham@bizpress.net

 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?