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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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Alamo Drafthouse rolls on third Dallas-Fort Worth location in Irving

For more on Alamo Drafthouse and its business secrets: 

fwbusinesspress.com/fwbp/article.aspx

Robert Francis

rfrancis@bizpress.net

Alamo Drafthouse Cinema’s announced its third Dallas-Fort Worth area location Aug. 27, confirming Las Colinas as the site.
Alamo Drafthouse Cinema will open in the new Music Factory at Las Colinas located at Hwy 114 and Fuller Drive immediately south of the Irving Convention Center at Las Colinas.
“We couldn’t be more excited to be a part of the Music Factory at Las Colinas,” said Bill C. DiGaetano, COO of Alamo Drafthouse Cinema DFW. “We pride ourselves in taking first-run movies and events to the next level.”
North Carolina-based ARK Group will host a groundbreaking ceremony for the Music Factory Entertainment Center at 7:00 p.m. on Saturday, Aug. 30.

The groundbreaking ceremony will take place on the future site of the project, 300-380 W. Las Colinas Blvd., next to the Irving Convention Center in Las Colinas. The event is free and open to the public.
“We are very excited to bring this amazing project out of the ground and give the residents of Irving the world class entertainment center that they have long desired” said Noah Lazes, president of the ARK Group.
The celebration will be family-friendly and will include food trucks, a special performance by an all-star band featuring members from Dashboard Confessional and The Apples in Stereo, as well asa free outdoor movie screening of “Raiders of the Lost Ark, ” courtesy of Alamo Drafthouse DFW, following the ceremony.


The Dallas office of architecture firm Gensler will design the $165 million development.
“Gensler is very excited to be a part of the Music Factory project,” said Barry Hand, Gensler architect and Studio Director. “The Music Factory is a unique mix of business and lifestyle amenities that will bring needed vitality and a distinct sense of place to the Las Colinas district. The ARK Group has a track record of successful entertainment venues in other cities and its plans for the Music Factory far outpace the offerings at any of the existing entertainment complexes in Dallas-Fort Worth. The Music Factory will serve many segments of the corporate, residential and tourist demographics with diverse dining and entertainment attractions that will keep patrons and visitors coming back for more.”
Balfour Azteca will be the construction manager and site grading is expected to begin in late August. The project is expected to employ more than 1,000 workers.


The development is slated to include 300,000 square feet of retail and restaurants, a 100,000-square-foot concert hall and amphitheater with 8,000 seats, an outdoor event plaza and 100,000 square feet of office space.
“The addition of Alamo Drafthouse to this project is a tremendous win,” said Irving Interim City Manager Steve McCullough. “We recently announced the financing on the city’s portion of the Entertainment Center and are pleased to be moving forward and bringing additional entertainment options to Irving.”
 

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