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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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Texas strong when it comes to summer jobs, restaurant research finds

 

A. Lee Graham
Reporter

Texas is among states expected to add the most restaurant and bar jobs this summer, according to newly released National Restaurant Association projections.
Restaurants are expected to add 448,000 jobs this summer, a 4.5 percent increase over the March 2013 employment level, according to association research. Summer employment is defined as the average number of eating and drinking place jobs in June, July and August.
"Summer is the busiest season for restaurants in most parts of the country, and the stronger business leads to additional employment opportunities at all levels of a restaurant operation," said Bruce Grindy, chief economist with the association, commenting in a news release.
"The projected addition of 448,000 summer restaurant jobs will be driven by a national economy that continues to improve, as well as consumers' pent-up demand for restaurant services that remains at historically high levels," Grindy said.
Nationally, eating and drinking establishments added 427,200 jobs in summer 2012, 465,400 jobs during summer 2011, and 427,100 jobs during summer 2010. The restaurant industry usually trails only the construction industry for creating the most summer jobs.
"In many states with tourism-driven economies, restaurants satisfy both tourists' cravings for food, as well as job-seekers' hunger for employment," Grindy added.
States projected to add the most eating and drinking place jobs during the 2013 summer season are California (41,700), New York (40,700), Massachusetts (29,000), Texas (22,000), New Jersey (21,900), Michigan (21,200), Ohio (21,000) and Illinois (20,000).
States projected to register the largest proportional employment increase during the 2013 summer season are Maine (31.2 percent increase), Alaska (22.5 percent increase), Delaware (16.8 percent increase) and Rhode Island (15.6 percent increase).
Founded in 1919, the National Restaurant Association is a business association for the restaurant industry, which comprises 980,000 restaurant and food-service outlets and a workforce of more than 13 million employees.
More information is available at www.restaurant.org.
 

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