By City of Fort Worth Economic Development Mar 1, 2023 As one of the largest and fastest-growing cities in the country, Fort Worth boasts many unique characteristics that add up to an. You are Fort Worth-based in the great State of Texas. border-radius: 5px; We know that this is the right place and the right time.. The trail is approximately 3.1 miles long and aligns along existing abandoned railroad easement. The water district has spent a considerable amount of money acquiring the properties along the planned route of the new channel. 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. Find Age-Friendly & Dementia-Friendly Businesses, Doing business with the City of Fort Worth, How to appear or speak before City Council, Social Services / Community Action Partners, RFP Veterinary X-ray Machine and Maintenance, Fort Worth Age-Friendly & Dementia-Friendly, Age-Friendly & Dementia-Friendly Business Directory, Apply to become an Age-Friendly & Dementia-Friendly Business, Public Safety and Municipal Court Building Renovations, Trinity River Vision Water & Wastewater Line Relocations, SW 121T Trinity Trails Clear Fork East Bank Extension, Fort Worth Zoo Creek Drainage Improvements, Oakland Lake Dam Repair & Erosion Control, Spinks Airport East Side Taxiway Improvements, Candleridge Park Streambank and Erosion Repair, Diamond Hill Community Center Replacement, Village Creek Water Reclamation Facility - Chemical Storage Improvements, North Holly Sedimentation Basin Improvements, Village Creek Water Reclamation Facility - Thickener Process Improvements, Cooks Lane/Morrison Drive Sewer Main Improvements, Fairhaven, Eastland & Stop 6 Infrastructure Improvements, Eastside & Southside Infrastructure Improvements, Wedgwood Area Infrastructure Improvements, Riverside Alliance & Diamond Hill-Jarvis Infrastructure Improvements, Desert Ridge & Kilpatrick Avenue Infrastructure Improvements, Marion Avenue Infrastructure Improvements, Noble Avenue & Seaman Street Infrastructure Improvements, Mount Vernon, Crestview, Sanderson & Newark Infrastructure Improvements, Iron Horse Golf Course Sewer Improvements, New development ordinance, regulations and standards revisions. Intersection improvements including new left turn lanes, accessible ramps and crosswalks, and new traffic signals. Texas remains the premier destination for companies to relocate and expand in the U.S. border: 3px solid white; } And local input didnt end there. The district due north of downtown, Panther Island, has been rezoned by the City of Fort Worth to provide a mixed-used district of greater density. } font-size:1.25em; Its overseen by the Trinity River Vision Authority, which is an appointed board that includes members from the city of Fort Worth, Tarrant County and the Tarrant Regional Water District. So what is Panther Island? Plus, Fort Worth is growing fast. Franics Innovation Operations in Lufkin: Nitrile glove manufacturer,Franics Innovation Operations, announced plans to build and operate a new state-of-the-art manufacturing facility in Lufkin, expected to create $30 million in capital investment and 100 new jobs. background-color: rgb(255 255 255 / 15%); PV Hardware in Texas: PV Hardware, a European solar tracker manufacturer, will be opening a factory in Texas that is expected to be operational in 2023. 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. Synthica Energy in San Antonio:Synthica Energy, LLCannounced the development of a new food waste powered renewable natural gas facility in San Antonio, brining 50 new jobs to the area. Dedicated open spaces ensure neighborhoods, corporate campuses, tenants, visitors, and . 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. Its common for public projects, particularly construction projects, to take longer than planned but Panther Island has taken that norm to an extreme. Just hit yes and continue on your way. } Chroma Systems Solutions in Austin: Powerelectronics test equipment provider, Chroma Systems Solutions, announced the opening of a new facility in Austin. 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. Morgan Steel in Greenville: Carbon steel distributor, Morgan Steel will bring 110 new jobs to Greenville with a new industrial facility, expected to be operational early 2023. "It will have an industrial theme that pays homage to the history of the site as the Armour packing plant," Niles City principal Murrin said. font-size:1.25em; The construction projects in these pages are projects that the city has funded, and committed to complete in the coming years. Based on that estimate, Panther Island would not become a full island until 2030 at the earliest. 04/06/2023 . The project is expected to create 130 new jobs and $140 million in capital investment. #email { Project completion is scheduled for the first quarter of 2024. McCart Avenue from Risinger Road to McPherson Boulevard will be constructed as a four-lane, divided arterial, and McCart Avenue from McPherson Boulevard to Twin Leaf Drive will be constructed as a two-lane, undivided roadway. width: 45%; A closer look at Fort Worth's future riverwalk. The Ziegenfelder Company in Lockhart: The Ziegenfelder Company, a frozen dessert manufacturer, will establish a new facility in Lockhart. Skeeter Boats in Kilgore: Skeeter Boats will expand their footprint in Kilgore with a multi-million-dollar expansion of their operations. In fact, if your morning commute takes you down Forest Park Boulevard, you may have noticed that construction fencing has gone up at the site. } .connected button { The new bypass channel would create an urban lake designed for recreation. Road work on Bonds Ranch Road from US 287 to Shire Meadow Drive has been completed. towards a paywall. The city hopes the development will encourage more foot traffic in the Village Center . Real-time updates and all local stories you want right in the palm of your hand. Allen's Transport in San Angelo: Canadian trucking company, Allen's Transport, Ltd established a new U.S. headquarters in San Angelo. Above: A new Council Chamber wing will extend from the tower to the north. Maruichi Stainless Tube in Seguin:Maruichi Stainless Tube Texas Corporation is brining more than 100 new jobs and $75 million in capital investment to a new, large-scale manufacturing plant in Seguin. Ulrich Medical USA in Plano: Ulrich Medical USA, Inc., a medical device company, announced they will relocate their headquarters from Missouri to Plano. The project is expected to create more than 80 new jobs. Projects Downtown Fort Worth, Inc. plays an important role in Downtown projects by bringing key stakeholders to the table, raising funds, and supporting planning efforts. All Rights Reserved. Water and/or sewer mains will be replaced in the Park Hill Drive and 8th Avenue area. She also enjoys backpacking, rollerblading and watching reality TV. The Lebow Channel improvements project is located near 28th and Decatur Avenue on Lebow Channel and is currently being evaluated for feasibility via the project development program. } The city is also planning to generate $1 million per year in oil and gas revenues that will fund open space acquisitions. }. Know the closures and detours before you get in the car. April 2023 ATD FW/MC Chapter Meeting: The Future of Learning When. At just 5 miles north of Alliance Airport, 20 miles west of DFW Airport and 18 miles from Fort Worth and its hip downtown, the developments location is ideal for businesses, residents and visitors. 2023, State of Texas, Office of the Governor, Texas Economic Development, Governor's University Research Initiative (GURI), Product Development and Small Business Incubator Fund, Economic Development & Diversification In-State Tuition for Employees, Governors Small Business Resource Portal, Veteran, Minority & Women Owned Business Resources, Beauty Manufacturing Solutions in Fort Worth, Chevron Phillips Chemicaland QatarEnergy in Orange, Anything Liquid Manufacturing in Richland Hills. Registration. This is not a step The widening will consist of adding two westbound and two eastbound lanes. width: 45%; Siemens in Carrollton: Siemens eMobility announced it will locate its second U.S. manufacturing hub for EV charging operations in Carrollton, creating 100 new jobs. The Texas Department of Transportation constructed the three new bridges that will lead to the eventual Panther Island (more on that below). } B9Creations in Lewisville: 3D printer and Inc. 5000 company, B9Creations, has opened their newest office in Lewisville. The facility is scheduled to open third quarter of 2023. .connected p { During the administration of former President Donald Trump, local officials including Granger indicated that the request for federal funding was indefinitely stalled Trumps budget office, according to Granger, had given a hard no to funding for the project. We need additional data to finish your registration. color: #fff; .subscription-box { Request Accommodations (English) / Solicitud de Acomodacin (Spanish)due to disability. Beauty Manufacturing Solutions in Fort Worth: High-tech beauty product manufacturer Beauty Manufacturing Solutions Corp announced plans to expand operations into Fort Worth with a $150 million advanced manufacturing facility and 250 new jobs. Voluntary property acquisition project to acquire flood-prone properties on Western and Carleton between Bryce and El Campo. Its the sixth fastest-growing city in the U.S. and its expanding from east to west, and north towards Champions Circle, bringing more people and more opportunities. .connected button { } Two years after being tapped by the city of Fort Worth to develop several vacant lots in the Evans & Rosedale neighborhood, a Dallas-based developer has unveiled its vision for a mixed-use. .connected p { The facility is expected to create 1,500 new jobs and generate billions of dollars in capital investment. intersection. 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. The project is expected to create 75 high-quality jobs. 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. font-size: 1em; The inquiries from large companies and small businesses alike are not slowing down. color: #fff; A new development in west Fort Worth could bring 5,000 new homes and take 15 years to complete. . If a city adopts a comprehensive plan, it must be used as the basis of subsequent zoning amendments. Our economic recovery and positive outlook for the future have kept prospect activity high. Grundfos in Brookshire: Grundfos announced the opening of its U.S. headquarters in Brookshire, which serves as both the Global Headquarters for Water Utility and Main Office for Grundfos Americas Corporation. } The Grand Prairie facility will employ more than 80 people. The City of Fort Worth's Comprehensive Plan calls for sustainable growth in all areas in close proximity to downtown Fort Worth. 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. Construction now underway at Future City Hall site, The site changes will also include a new City Council Chamber facility, which will be home to future Council meetings and a number of boards and commissions. font-size: 1.25em; width: 35%; padding-top: 15px; The four-star hotel will be built out of red brick and the design will be in keeping with the Armour plant that was built in 1902, employed more than 1,000, and operated for 60 years. When the construction of the three bridges began in 2014, the department estimated it would be completed by 2018. Our news is free and we intend to keep it that way. Business Development Manager HomeLight Fort Worth, TX. 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. SI Group in The Woodlands: SI Group, a performance additives company, announced the relocation of their global headquarters and research and development facilities to The Woodlands. National Juneteenth Museum, 901 E. Rosedale St. Heritage Park Project, 300 N. Main Street, Texas A&M System Research and Innovation Center, downtown Fort Worth, Texas Wesleyan Stadium, between Binkley Street and Nashville Avenue. } Located west of Living Spaces and north of US. width: 100%; } With numerous fiber providers, power redundancies and existing utilities, these parcels are ready to go and suited for any business needs. font-size:1.25em; The 100,000-square-foot facility will initially house research and development activities . We need you to be cool with us holding onto your email address (if we already have it) and for us to email you about commercial real estate news and events. 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. New 1,225-home development on tap for Fort Worth The homes will be priced between $230,000 and $280,000. First Call Logistics in Irving: First Call Logistics, and parent organization Horton Fruit, celebrated the opening of a new location in Irving. font-size: 1em; Enter your email below. 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. 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. text-align: center; font-size: 1em; The facility has the potential to create hundreds of new jobs. 2023 Champions Circle. Many of these questions and answers will appear in future communications with residents. De Lucio-Pendulum USA in Edinburg:De Lucio-Pendulum USA broke ground on a trailer assembly plant in Edinburg, which will create up 300 new jobs in the coming years. We are here to keep Downtown a great place for residents, businesses, and visitors - and do it while maintaining our city's beauty and respecting its heritage. 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. A Texas Enterprise Fund grant of $525,000 was extended to the company. Bomber Spur Trail is a 12-foot wide hard surface trail. Granger and U.S. Rep. Marc Veasey, along with officials from the city of Fort Worth and the Tarrant Regional Water District, plan to hold a press conference on the projects federal funding on Thursday morning. } I truly feel that we are about to launch what will be a resurgence of what came before and build what many could never have imagined, Fort Worth Metropolitan Black Chamber of Commerce Chairman Sultan Cole said. The 100,000-square-foot facility will initially house research and development activities. and Bailey Boswell Rd (the site of the former Cranz Family Farm). In the meantime, the city of Fort Worth has been tasked with moving and setting up utilities to accommodate the new channel. Ruiz Foods in Frisco:Ruiz Food Products, Inc.announced new regional headquarters in Frisco, which will bring at least 125 jobs to the area in the coming years. width: 100%; The project is expected to bring up to 50 new jobs and create $5 million in capital investment. In addition to monthly at least communications in, , residents can also learn about the new facility by. Located halfway between Dallas and Houston off Interstate 45, the 4,200-acre state park welcomed its last visitors on Monday after being forced to vacate the land. The City of Fort Worth is one of the fastest growing cities in the nation, and infrastructure and capital facilities play a critical part in that continued growth. High-tech beauty product manufacturer Beauty Manufacturing Solutions Corp announced plans to expand operations into Fort Worth with a $150 million advanced . This area is bound by West Jessamine Street to the north, West Cantey Street to the south, Shirley Avenue to the west, and 8th Avenue to the east. Implementation of the park master plan for new community park in far north Fort Worth, including, but not limited to, the construction of athletic fields, athletic field lighting, trails parking, security lighting, and supporting infrastructure and equipment. Water and sewer will also be replaced on Chedlea Avenue. .connected button { Aviatrix in Dallas: Aviatrix, a cloud networking and security company, relocated their headquarters from California to Dallas. padding: 25px; The development will feature a mix of retail shops, offices, new homes, apartments, senior living, and community activities. .subscription-box { text-align: center; (Psst This list isnt meant to be comprehensive. Clearfork Neighborhood in Fort Worth | Residential & Retail Clearfork Clearfork redefines the master-planned, mixed-use development with 270 acres of diverse residential options, miles of riverfront access and a blend of retail, dining, entertainment, office and green space in the heart of Fort Worth. The facility is among the largest energy storage projects in Texas. Invoice Home Inc. in Austin: Invoice Home Inc. (formerly known as Wikilane Inc.) announced as of January 2023, the company will relocate its headquarters from Nevada to Austin. Use the form below to reset your password. padding: 25px; The whole experience with the development has been wonderful. Toyota Financial Services in Plano:Toyota Financial Services will relocate one of their regional customer service centers to Plano. Kraken Technologies in Houston: Kraken Technologies, an Octopus Energy Group company, announced its first U.S. headquarters in Houston, creating at least 50 new jobs. height: 2.5em; [redacted] in Austin: [redacted], a cloud defense company, will move its headquarters from California to Austin amid rapid growth. 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. WL Plastics in Lubbock:WL Plastics is planning to add a second manufacturing plant to its location at the Lubbock Rail Port, which would create around 95 new jobs and $40 million in capital investment. Every step of the projects timeline has stretched well beyond its original estimates. Approximately 2.7 miles of wastewater mains are being installed and will run parallel to an existing main to serve southeast Fort Worth and the wholesale customer cities of Burleson and Crowley. A 1.5-mile channel will connect sections of the Clear and West Forks of the Trinity River north of downtown Fort Worth to create Panther Island, which will actually have two islands. Fort Worth, TX. A Place For BusinessesAnd Families To Call Home. The City uses the Comprehensive Plan as a guide for decisions when: Creating and implementing special purpose plans, such as the Citywide Historic Preservation Plan, Gateway Park Master Plan, Lake Worth Vision Plan, Economic Development Strategic Plan, Public Art Master Plan, and Water & Sewer Master Plans, Preparing the capital improvement program, Comprehensive Plan Progress & Priorities Biennial Report. Samsung in Texas: Samsung will potentially increase their investment in Texas with up to 11 new semiconductor manufacturing facilities in Taylor and Austin. Our economic recovery and positive outlook for the future have kept prospect activity high. This improvement will reduce congestion and improve mobility. Find Age-Friendly & Dementia-Friendly Businesses, Doing business with the City of Fort Worth, How to appear or speak before City Council, Social Services / Community Action Partners, RFP Veterinary X-ray Machine and Maintenance, Fort Worth Age-Friendly & Dementia-Friendly, Age-Friendly & Dementia-Friendly Business Directory, Apply to become an Age-Friendly & Dementia-Friendly Business, Public Safety and Municipal Court Building Renovations, Trinity River Vision Water & Wastewater Line Relocations, SW 121T Trinity Trails Clear Fork East Bank Extension, Fort Worth Zoo Creek Drainage Improvements, Oakland Lake Dam Repair & Erosion Control, Spinks Airport East Side Taxiway Improvements, Candleridge Park Streambank and Erosion Repair, Diamond Hill Community Center Replacement, Village Creek Water Reclamation Facility - Chemical Storage Improvements, North Holly Sedimentation Basin Improvements, Village Creek Water Reclamation Facility - Thickener Process Improvements, Cooks Lane/Morrison Drive Sewer Main Improvements, Fairhaven, Eastland & Stop 6 Infrastructure Improvements, Eastside & Southside Infrastructure Improvements, Wedgwood Area Infrastructure Improvements, Riverside Alliance & Diamond Hill-Jarvis Infrastructure Improvements, Desert Ridge & Kilpatrick Avenue Infrastructure Improvements, Marion Avenue Infrastructure Improvements, Noble Avenue & Seaman Street Infrastructure Improvements, Mount Vernon, Crestview, Sanderson & Newark Infrastructure Improvements, Iron Horse Golf Course Sewer Improvements, New development ordinance, regulations and standards revisions, City Council Meeting and Work Session Agendas.
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