Other costs, such as for land acquisition and cleanup, have been fronted by the Tarrant Regional Water District, which initially loaned $200 million to the project. Improvements include rehabilitation of existing asphalt pavement, new curb and gutter, driveways and replacement of water/sewer mains and services on the following streets: Benton Avenue - Hampshire to Old Handley House Street - Panola to Cul-de-sac Windowmere Street - Benton to Springfield. Walsh includes commercial development, residential neighborhoods, and mixed-use areas. H-E-B in Temple:H-E-B will expand their Temple distribution facilities with a new automated frozen distribution line. The Lake Arlington force main is part of a project that will increase the sanitary sewer capacity to handle projected growth. }. text-decoration: underline; Cellipoint Bioservices in The Woodlands: Life sciences company, Cellipoint Bioservices, will move their headquarters from California to The Woodlands. HIF in Matagorda County: Highly Innovative Fuels (HIF) has selected Matagorda County as the location of its first industrial-scale eFuels facility in North America. Bo/Gar in Victoria:Bo/Gar Enterprises will open a new fabrication facility in Victoria, where the company will make machine parts. Riot Blockchain in Navarro County: Riot Blockchain launched the development of a 1 gigawatt facility in Navarro County for bitcoin mining and hosting. font-size: 1em; height: 2.5em; ExteNet in Frisco: ExteNet Systems, a provider of LTE/5G wireless and fiber neutral host communications infrastructure solutions, will move its headquarters from Illinois to Frisco. FORT WORTH, Texas The U.S. Army Corps of Engineers on Thursday announced $403 million in funding for the Panther Island project in Fort Worth, a needed boost for the controversial flood. A Texas Enterprise Fund grant of $525,000 was extended to the company. Ann. width: 100%; Cubework in Texas: Industrial and office operator, Cubework opened three new warehouses across the state in Houston, Sugar Land and San Antonio. Fort Worth Convention Center, 1201 Houston St. The Fort Worth Police badge featured a panther beginning in 1912, and eateries, breweries and stores across the city also sport the name. Chroma Systems Solutions in Austin: Powerelectronics test equipment provider, Chroma Systems Solutions, announced the opening of a new facility in Austin. font-size: 1.25em; Subscribe to City News. Flight Dental Systems in Houston: Flight Dental Systems announced their expansion into the U.S. with a new state-of-the-art manufacturing facility in Houston, which will also serve as a training and sales office. Plans for the 7.5-acre Fort Worth development located east of the South Freeway and south of Terrell Avenue call for separate east and west blocks with 320 multifamily residences and 27K SF of ground-floor commercial space, including live-work units intended to foster a community of entrepreneurs and small-business owners by giving them a street presence as well as a place to live. The city earned that nickname in the late 1800s, after a lawyer published a column in a Dallas newspaper claiming that Fort Worth was such a quiet city that a panther fell asleep downtown and no one noticed. The new bypass channel would create an urban lake designed for recreation. Caterpillar in Irving: Global Fortune 500 company, Caterpillar announced the relocation of its global headquarters from Illinois to Irving. Green Span Profiles in Waller: Green Span Profiles, a provider of insulated wall panels, will establish a new manufacturing facility in the Houston suburb of Waller as an expansion of their existing operations in the area. This project includes design and construction of improvements to provide approximately one-tenth of a mile of paved ADA accessible trail and low water bridge connecting 8+ miles of the Fort Worth trail system with 15+ miles of the Watauga/Haltom City trail system. LS Mtron in Brownsville: South Koreas LS Mtron, a maker of injection molding machines, expanded its U.S. operations with a new large-tonnage mold testing and tech center in Brownsville. The cities of Fort Worth and Crowley are installing five sanitary sewer mains, to serve both cities, in order to convey anticipated flows from proposed development within the Upper Village Creek and Clear Fork Drainage Basins. Other notable properties on Panther Island include: And, marking the areas first new major development, new apartment complex Encore Panther Island opened in December. Voluntary property acquisition project to acquire flood-prone properties on Western and Carleton between Bryce and El Campo. Nikkiso in Houston:Nikkiso Clean Energy & Industrial Gases Group, part of the Nikkiso Co., Ltd (Japan) group of companies, announced an expansion of their manufacturing operations with a new facility in Houston. This facility is expected to house approximately 100 animals. They include everything from the creation of new buildings and infrastructure, to the maintenance and upkeep of existing facilities. Future acquisitions are likely to be funded through a mixture of revenue from grants, the oil and gas trust and Fort Worth's 2022 bond program, Dyke said. The facility is expected to create 150 new jobs. font-size: 1.25em; Its been a big year for news of major developments from the Texas A&M University Research Campus to the Fort Worth Convention Center coming to Cowtown. The project is expected to create 247 new jobs and approximately $1.48 million in capital investment. The 100,000-square-foot facility will initially house research and development activities . Real-time updates and all local stories you want right in the palm of your hand. ShipMonk in Dallas-Fort Worth: E-commerce company ShipMonk opened a state-of-the-art third-party-logistics fulfillment center in Dallas-Fort Worth. ELM in The Colony: ELM announced a new headquarters and manufacturing facility for their MicroGrid and Solar Divisions in The Colony. height: 2.5em; color: #fff; Designs are currently being considered. } To learn more about accessibility accommodations available from the City of Fort Worth, visit the Accessibility page. Our economic recovery and positive outlook for the future have kept prospect activity high. 04/06/2023 . ATD Fort Worth/Mid-Cities - April 2023 ATD FW/MC Chapter Meeting: The .connected h2 { The company cited this as a strategic expansion for its shipping, warehousing and distribution networks. The project is expected to create 100 new jobs and more than $29 million in capital investment. 17 days ago. With the announcement Wednesday of more than $400 million in federal funding approved for Panther Island, Fort Worths long-awaited redevelopment project along the Trinity River is taking a significant leap toward becoming a reality. font-size: 1.25em; Bomber Spur Trail is a 12-foot wide hard surface trail. The development is adjacent to the 4-Star Marriott Hotel, Conference Center and Golf Club designed by pro Greg Norman, offering business or leisure amenities and several residential communities by Gehan, Grahm, Plantation and David Weekley. At Champions Circle, you get a firm foundation from which to build up your business. Most notably, the Texas Department of Transportation has finished construction on three new bridges that will carry traffic over the new channel, once its dug. Hoque Global, which hopes to break ground in the third quarter of 2022 after winning design approval from the city and district stakeholders, said Thursday it will transform the 7.5-acre site by creating a community that nurtures innovation, offers a mix of housing types and respects the historic character of the areafounded by middle-class Black residents in the early 1900s. This development will become a gateway growth district not just for this community, but its neighbors as well, Hoque Global Vice President Arthur Santa-Maria said in a release. Mouser in Mansfield: Mouser Electronics broke ground on a 416,000-square-foot facility to expand upon their distribution center in Mansfield. We want to take 15 seconds to tell you what's going on: Sound good? font-size: 1.75em; Many of these questions and answers will appear in future communications with residents. Two Six in San Antonio: Two Six Technologies announced the opening of their new office in San Antonio at Port San Antonio's technology innovation campus. height: 2.5em; FORT WORTH, Texas, Dec. 29, 2021 - Fort Worth Housing Solutions and the City of Fort Worth have approved final designs for Phase I of Hughes House, the mixed-use development that will bring 210 apartments and townhomes with a variety of floor plans to the Stop Six Choice Neighborhood by 2023. 'Urban destination' North City beginning to take shape in north Fort Worth width: 35%; Accommodations are available for residents who have accessibility requirements. The project is just south of the Walsh Ranch development and includes the 3,790-acre historic Veale Ranch. Thomas Thayer - Coursera - Fort Worth, Texas, United States | LinkedIn Located at 601 N. Oak St., Roanoke, the 87,000-square-foot . .connected h2 { TransPerfect in El Paso: TransPerfect, a provider of language and technology solutions, announced the grand opening of a new contact center in El Paso, with plans to hire for more than 400 positions. Many of these questions and answers will appear in future communications with residents. TIAA was extended a Texas Enterprise Fund grant of $18 million in addition to a Veteran Job Created Bonus of $19,000. The district is impacted by the U.S. Army Corps of Engineers flood control project; however, no federal money is being used to accomplish the City's sustainable growth goals for the district.Learn More. Paranet Solutions in Carrollton:Paranet Solutions, anIT and cyber security company, celebrated the completion of a new 11,000-square-foot state-of-the-art facility and relocation of their headquarters to Carrollton. Capacity improvements span 18 miles and include a section of highway that is ranked as the state's eighth most congested roadway. text-align: center; Dickey's Barbecue Pit in Mesquite:Dickeys Barbecue Pit will establish a new manufacturing and distribution plant, under the name Wycliff Douglas Provisions, in Mesquite. The Ziegenfelder Company in Lockhart: The Ziegenfelder Company, a frozen dessert manufacturer, will establish a new facility in Lockhart. (Psst This list isnt meant to be comprehensive. This Northeast Economic Development Summit was held on four separate dates in late 2012 and early 2013. font-size: 1.25em; @media (max-width: 767px) { Photos: Top: Greenspace surrounding Future City Hall will be transformed into a front lawn for community activities. #email { The Tarrant Regional Water Districts now-general manger, Dan Buhman, told the Star-Telegram over the summer that it would take eight to 10 years to complete the channel, after federal funding came through. Water and sewer lines will be rehabilitated on various streets that are south of West Devitt Street, west of the Union Pacific Railroad right-of-way, north of West Anthony Street and east of Wayside Avenue. Tropicale Foods in Lubbock: Tropicale Foods will create a state-of-the-art manufacturing facility in Lubbock, investing $75 million into the 227,000-square-foot facility. The construction projects in these pages are projects that the city has funded, and committed to complete in the coming years. font-size: 1.25em; .connected p { As it was conceived more than 20 years ago, Panther Island is intended to be a highly dense, walkable district that supports 10,000 residents as well as retail and office space. Despite these changes, both developers and traditionalists hope to ring in a new era of success while paying homage to the Stockyards' unique history. } A Texas Enterprise Fund grant of $517,400 has been extended to the company. The development, which will also include 1,000 acres of prime commercial property, is moving closer to getting off the ground. Chewters Chocolates in Rockwall: Chewters Chocolates will open a state-of-the-art chocolate manufacturing facility in Rockwall. Andy Taft, president of Downtown Fort Worth Inc. said Deco 969 has opened the gates to more development. Officials including U.S. Rep. Kay Granger, who has championed Panther Island, have aimed for the project to cost little for local taxpayers in the long run. font-size: 1em; Fort Worth Mayor talks bonding bill, education, and crime } #email { #email { The fencing represents the start of critical site and landscape work in preparation for later phases of construction. } Parus in Austin: Parus Holdings Inc., a maker of voice-enabled technologies, announced the relocation and expansion of its new corporate headquarters in Austin, relocating from Illinois. Titan Development and Aberg Property Company are. Not only is the development near both Southlake and Westlake, but it is also adjacent to residential areas containing homes valued at $250,000 and up. The City of Fort Worth's Comprehensive Plan calls for greater density in districts close to downtown, including Panther Island. These enhancements include adding additional left-turn lanes and other recommended improvements. for more details on the Council Chamber groundbreaking event on Sept. 15.. 5 miles north of Alliance Airport, 20 miles west of DFW Airport, I-35W at SH 114 intersection: more than 106,000 vehicles per day, Adjacent residential communities by Gehan, Grahm, Plantation, David Weekley, Incredible area growth due to nearby jobs, schools and residential neighborhoods. POSTED. All rights reserved. margin: 1rem 0 0 0; text-align: center; Jupiter Power in Reeves County: Jupiter Power LLC announced that their Flower Valley II battery energy storage facility in Reeves County, Texas, has commenced commercial operations. background-color: transparent; Formosa Plastics in Texas: Formosa Plastics announced plans for a new $207 billion plant in Texas. In the past year weve been at this location, weve seen a lot of traffic, and we only expect moreas thenewChampions Circledevelopment grows. A Texas Enterprise Fund grant of more than $5 million was extended to the company. Start off on the right foot. The development will feature a mix of retail shops, offices, new homes, apartments, senior living, and community activities. The then-general manager of the water district, Jim Oliver, told the Star-Telegram in 2005 that the cheaper option of pure flood control would be no frills, ugly.. Officially, the project is referred to as the Panther Island/Central City project, to encompass both the development and flood-control aspects. } New 1,225-home development on tap for Fort Worth - Dallas News