Posts Tagged ‘City of Fort Worth’

ECONOMIC UPDATE: JULY 2010

Wednesday, August 25th, 2010

Data provided by Strategic Insight Group
Intelligence Research Partner of the Fort Worth Chamber of Commerce

  1. Fort Worth Mayor Mike Moncrief and Ed Bass, developer of Sundance Square, announced ESPN chose Sundance Square in downtown Fort Worth as its production headquarters for Super Bowl XLV. This entails more than 80 hours of live ESPN national and local radio broadcasts. Fort Worth Business Press, July 26, 2010
  2. The Worthington Renaissance Fort Worth Hotel, near the Chisholm Trail parking lot where the network will set up its broadcast pavilion, learned Tuesday that NFL assigned 75 rooms in the hotel to ESPN for the peak Super Bowl period…And the NFL may assign more rooms in the Worthington to ESPN…The hotel also learned that the NFL assigned a 200-room block in the 504-room Worthington to another group, which Gabler did not identify. Star-Telegram, July 22, 2010
  3. Lockheed Martin Aeronautics Co. in Fort Worth has been awarded a $522.2 million Navy contract to order and make advance purchases of materials and components required for the production of 42 F-35-joint strike fighter jets that the government expects to order in 2011. Star-Telegram, July 7, 2010
  4. Hillwood Construction Services has been issued building permits to add about 190,000 square feet to the 670,000 square-foot distribution center at Henrietta Creek Road and Independence Parkway. Star-Telegram, July 26, 2010
  5. The Kimbell Art Foundation will sell $60.4 million in bonds to help fund construction of the Renzo Piano-designed expansion of the Kimbell Art Museum in Fort Worth. Star-Telegram, July 13, 2010

Click here to see many more moves, deals and expansions.

TCU Dedicates Heritage Trails Marker

Wednesday, August 25th, 2010

Marker placed on Tarrant Co. Courthouse grounds near TCU’s 1910 location

In the late 1870s, Fort Worth’s Hell’s Half Acre had too much rowdy action going on downtown for a Christian school. So the Fort Worth Board of Trade (now the Fort Worth Chamber) teamed with a landowner and Christian churches to bring the school that had become Texas Christian University back here in 1910.

TCU didn’t promise to stay more than 10 years. But 100 years later, the university celebrates a “Century of Partnership” with Fort Worth with a year-long series of events.

TCU HISTORICAL MARKER 001

In the first public event, the Chamber and TCU team up again with the dedication of a Heritage Trails historical marker sponsored by TCU, Monday, August 30 at 10 a.m. on the east lawn of the Tarrant County Courthouse at the corner of Commerce and Weatherford Streets, near the site where TCU leased space in 1910.

“TCU and the City of Fort Worth have enjoyed a mutually-beneficial relationship for the past 100 years,” said TCU Chancellor Victor J. Boschini, Jr. “Through this relationship, TCU has been able to grow and evolve into the world-class, values-centered University it is today. It is hard to imagine TCU without Fort Worth.”

“Partnership is the perfect word” to describe the relationship of the Chamber of Commerce and TCU, said Mac McLain, chairman of the Fort Worth Chamber Foundation, which funds the Heritage Trails project. “With the Foundation’s focus on education – from early childhood to post-secondary studies – it’s fitting that a Heritage Trails marker chronicles a piece of Fort Worth’s long-time support of higher education.”

Bill Thornton, president and CEO of the Fort Worth Chamber, echoed that. “Companies are looking for intellectual capital when they consider investing in or relocating to Fort Worth, and TCU’s rich history and prestige bring positive attention to our area’s strength in higher education.”

After beginning in Thorp Spring, Texas, in 1873, TCU moved to Waco, Texas. A fire destroyed the Waco campus in 1910, leading the University to seek other locations. After receiving proposals for multiple Texas cities, TCU selected Fort Worth based on its generous offer from civic leaders. The University spent a year in a series of rented buildings in downtown Fort Worth until moving to its present location in 1911. TCU will celebrate this return and partnership with the city of Fort Worth over the next year through a series of events and activities.

In about six months, the TCU marker will be mounted on granite and positioned at a two-foot slant in the same location.

For more information on the Century of Partnership, visit www.worthcelebrating.tcu.edu. For information about Heritage Trails, visit www.fortworthheritagetrails.com.

What the Heritage Trails marker says

Texas Christian University and Fort Worth’s partnership dates to 1910, although the connection began in 1869 when Ida, Addison and Randolph Clark established TCU’s forerunner academy in the area known as Hell’s Half Acre. The rowdiness of the area persuaded the Clarks to relocate their school to the country.

So began the moves and changes that led TCU to Thorp Spring, Waco and back to Fort Worth in 1910, after fire destroyed the main building on the Waco campus.

The Fort Worth Board of Trade, an antecedent of the Chamber of Commerce, the Fairmount Land Company and the city’s Christian Churches offered 50 acres, $200,000 and promises of utilities and a street car line, outbidding Waco and Dallas.

Until facilities were constructed on “the Hill” – site of the present campus – in 1911, TCU leased space downtown in Ingram Flats, a series of two-story brick buildings at Weatherford and Commerce Streets.

Background on Heritage Trails

Twenty-three bronze sidewalk markers, concentrated on Main Street from Heritage Park to the Water Gardens, tell the story of Fort Worth’s history, people, places and events. A seven-foot-tall, powder-coated steel kiosk at the corner of Main and Second Streets serves as a downtown directory and provides Heritage Trails guide maps.

A joint project of the Fort Worth Chamber Foundation, Fort Worth Convention and Visitors Bureau, and Downtown Fort Worth, Inc., Heritage Trails plaques educate and entertain residents and visitors who are intrigued with Fort Worth’s history and western heritage. The markers bear a signature cubistic longhorn design from 1936 by Evaline Sellors, a sepia-toned screened illustration, and a brief historical narrative. Each four-foot-tall, freestanding marker is sponsored by a local business or organization.

In 2002, Heritage Trails project was launched as the legendary Sleeping Panther sculpture by Deran Wright was installed on the lawn of the Tarrant Co. Administration Building, recalling the 1873 Dallas Herald column citing Fort Worth was such a quiet town that a panther was seen sleeping on Main Street.

Small Business Council aims for “Impact”

Wednesday, August 25th, 2010

Some Chamber members may be asking “Who moved my cheese?” when looking for their Small Business professional and personal development programs.  But as the best-selling book of that title declares, “movement in a new direction helps you find new cheese.”

The Chamber’s Minding Your Business and Lunch & Learn programs for small businesses have been combined into one series called “Impact Your Business,” which will include breakfast, lunch and happy hour networking events. Presenting sponsor of the series is Sandler Training; platinum sponsor is Charter Business.

Because small businesses comprise about 90 percent of the Chamber’s membership, this segment is critical to our organization and to our local economy.  So members of the Chamber’s Small Business Council (SBC) Committee have re-invigorated the group’s programs.

The committee, chaired by Ray Dickerson, Fort Worth market president of American National Bank of Texas, includes past Small Business of the Year winners, sponsors, regular attendees to SBC programs and some “new blood” that had not been previously engaged.

“This committee is made up of a diverse group of businesses that are a great representation of the overall demographics of the chamber, so we can be most effective,” said Scott Sherwin, president of Sandler Training. “The council focused on topics that would benefit small businesses, putting them as the primary focus and including sessions that are pertinent to them today.”

Lydia Hall, the Chamber’s senior director of business services, pointed out a need to expand the program to a broader membership audience.

“Previously, we had good programming and the participation was steady, but we had a lot of no-shows that would prohibit other members from attending,” she said.  “With the changes, we’ve gone from about 40 to 50 attendees to sold-out luncheons with 100 attendees.”

Hall began the SBC program revamp with a survey of member small businesses with 150 employees or fewer.  Questions about time of day, value and quality of the programs, and desired topics yielded data for staff and the committee to base decisions. The committee focused on topics and speakers, while staff researched affordable venues conducive to networking, learning, ease of parking and other factors.

“I am really excited about some of the changes the committee has made for this year,” said Pepper Hudson, owner of Pepper-L-Specialties. “Reducing the length of time of the morning meetings, starting them earlier and allowing time before the meeting for networking will be a great benefit. It will allow us to be back in the office a little after 9 a.m. to start the day.”

Next up, the SBC committee will look at continuous improvement of the Small Business of the Year award program and encourage more businesses to nominate or apply for the recognition.

“Winning Small Business of the Year has been the biggest boost to Alexander Chandler Realty than anything else we have done,” said Alexander Chandler, president of Alexander Chandler Realty. “The recognition has been nothing short of phenomenal and I encourage anyone who is a member to apply and nominate your peers.”

A schedule of the year’s programs is here. Please contact Lydia Hall with suggestions or comments.

Local freshman at UT credits AVID for ‘the hand I needed’

Wednesday, August 25th, 2010

Areli Casiano counts many blessings this first week of her freshman year at the University of Texas in Austin.

High on her list is the college preparatory program, Advancement Via Individual Determination (AVID), in which she excelled at South Hills High School for three years, recently graduating in the top 10 percent of her class. All Fort Worth Independent School District high schools and middle schools are AVID sites.

Areli reveres her AVID teacher, Kristen Bulger, “who always received me with a bright smile and her arms wide open,” Areli recalls. “Without her, I would not be going to college. She always told us: ‘Never give up the ship.’”

Areli Casiano and AVID teacher, Kristen Bulger

Areli Casiano and AVID teacher, Kristen Bulger

And Areli treasures the $500 scholarship she won in an essay contest sponsored by a partnership of the Fort Worth Chamber’s South Area Council and First Command Educational Foundation, a Chamber member whose chief executive officer, Vickie C. Mauldin, serves on the council’s board. South Hills is the council’s adopted high school.

Areli won first place, focusing her essay on how she benefitted from AVID, which strengthens “students in the middle” with academic rigor, goal-setting and other challenges, including learning good citizenship and how to give back to the community.

The program “gave me the hand I needed to stand up and start walking toward a better future,” Areli wrote in her essay.

Bulger describes Areli as “the epitome of what AVID stands for,” but “her dedication to others shines most to me.” An example, Bulger said, is the support group for newly arrived immigrant students that Areli and a classmate organized, led and passed along to other AVID students to continue this coming year and in the years to come.

Among Areli’s greatest blessings, she says, is her mother’s advice: Hija, siempre ve hacia delante. “Daughter, always look forward.”

That view has guided Areli through many challenges.

In 2004, commitment to looking forward brought the Casiano family from the mountainous Mexican town of Teziutlan, Puebla state, near the border of Veracruz state, to Fort Worth.

“My parents wanted to give my brother and me a better future,” she said. “They wanted us to learn a new language and to give us the tools to be successful.

“When my parents told me that we were immigrating to the United States, I thought I was living in a nightmare. I thought my life was over.”

But, in looking forward, Areli mastered English and amassed numerous academic achievements through middle school and at South Hills.

For now, Areli hasn’t decided on a career path. She’s interested in either architecture or communications. “I’ll probably change my mind,” she said. But, as Bulger and AVID taught her, that’s a natural blessing of growth.

###

Advancement Via Individual Determination (AVID) program in Fort Worth schools.

Be a Super Bowl Volunteer!

Tuesday, July 27th, 2010

new_stadium_hosting-sb-45

The North Texas Super Bowl XLV Host Committee is still accepting volunteers!

The North Texas Super Bowl XLV Host Committee will recruit and train volunteers to welcome hundreds of thousands of visitors to North Texas to enjoy the Super Bowl experience. Volunteers will staff numerous activities and venues throughout the region, including the area’s airports, major hotels and the NFL Experience.

Volunteers registered by August 31 are automatically entered to WIN a pair of tickets to the XLV Countdown Live From Cowboys Stadium, a historic night of football and music headlined by Tim McGraw to kick off a memorable football season for North Texas.  FIVE XLV volunteers will win a pair of tickets to the countdown event!

Volunteers will be the faces of North Texas during the weeks leading up to Super Bowl XLV.  All volunteers will be issued a limited edition and official volunteer uniform and will also be invited to a volunteer appreciation event in the weeks following Super Bowl XLV.

CLICK HERE to get drafted as a XLV volunteer, or visit www.northtexassuperbowl.com and select “volunteer” to begin volunteer registration. Please encourage your friends, family, co-workers and any other contacts to register, too.

Questions? Contact Amanda Whitelaw, volunteer services manager, at 214-252-5109 or awhitelaw@northtexassuperbowl.com

Dateline: Fort Worth

Tuesday, July 27th, 2010

Data provided by Strategic Insight Group
Intelligence Research Partner of the Fort Worth Chamber of Commerce

The Brenham-based dairy and ice cream maker [Blue Bell] recently bought 2,288 acres at 9351 Harmon Road, near Interstate 35W and US 287, where it plans a 12,000 square-foot distribution center, its first expansion in Fort Worth since 1981.
Star-Telegram, June 28, 2010

The Cowboys leased 1,126 square feet at 310 Main St., where the team plans to open a pro shop in time for the first preseason game Aug.12.
Star-Telegram, June 17, 2010

Board members [of the Tarrant Regional Water District] announced the decision to purchase 42 acres just north of the Trinity River and downtown Fort Worth for $17.5 million. The land was part of Cats owner Carl Bell’s 60-acre portfolio surrounding LaGrave Field, which is home to the minor league Cats baseball team.
Fort Worth Business Press, June 15, 2010

The Texas Higher Education Coordinating Board announced Monday that it is launching a pilot program in Fort Worth and San Antonio to amplify some words of parental wisdom: Go to college…The initial two years of Generation TX is funded by a $3 million federal College Access Challenge Grant.
Star-Telegram, June 8, 2010

Texas Christian University exceeded a $250 million fundraising goal two years before the campaign’s 2012 conclusion…
Star-Telegram, June 23, 2010

Newcomer and Economic Guides will have new digital presence

Tuesday, July 27th, 2010

You may have seen in last month’s Chamberletter that the Fort Worth Chamber has enthusiastically endorsed Journal Communications as the new publisher for our 2011 Newcomer and Economic Development Guides.

We are thrilled to announce that companion websites will also feature fresh, new expanded content, video, photo galleries and more.

“The Chamber conducted an extensive RFP process, with the guidance of a task force of Chamber members in health care, real estate, education and marketing,” said Marilyn Gilbert, executive vice president of marketing. “We were impressed by Journal’s 22 years of success in both producing and marketing chamber-specific magazines. We think advertisers will be delighted with the quality of the magazines as well as the addition of digital opportunities.”

Journal publications are distinguished by strong photography and video images, attractive graphic design and well-written editorial content. Journal also produces stand-alone websites for additional content and search engine optimization.

Journal’s clients include the Texas Economic Development Division of the Office of the Governor, the Greater Pueblo, Co. Chamber of Commerce, and the Greater Akron Chamber. Last year, they delivered 94 magazines across the United States.

Showcasing the best of Fort Worth’s people, places and progressive business climate, these magazines will reinforce the area’s favorable quality of place while also targeting prospective residents, employees, businesses and visitors.

The magazines will be distributed by the Fort Worth Chamber of Commerce as well as through key local businesses, trade shows, conferences and events throughout 2011, including Super Bowl guests!

“Forward-thinking communities like Fort Worth are what every person considering a move, and businesses seeking to relocate, want to find out about,” says Ray Langen, executive vice president for Journal Communications. “What better way to get this information to this specific audience than through a magazine and website containing the exact information they need? We are proud to partner with such a progressive area.”

Journal’s advertising rep Rhonda Graham will be contacting members in August with specifics. For more information, or contact Cindy Hall, Sales Support Manager at (800) 333-8842 or at chall@jnlcom.com.

Chamber seeks feedback on City budget

Tuesday, July 27th, 2010

As you know, our City is facing a $73 million budget shortfall for 2011 and City Manager Dale Fisseler has asked for community input regarding both short- and long-term solutions.

News articles in the Business Press and the Star-Telegram provide good background. Also, the City website has a thorough presentation here.

We would like your opinions on specific actions and solutions you would support for the 2011 budget. The Chamber will present this collective feedback from our membership to the Mayor and City Manager.

We also invite you to attend public hearings on Aug. 17, Aug. 24 and Sept. 7.

Please take a few minutes to answer several questions at this link:
http://www.fortworthchamber.com/survey/index.php?sid=95675&lang=en

A separate questionnaire will be sent in several weeks specifically regarding modifications to the City’s pension, benefit and retirement plans and how that impacts the budget.

Your participation is vital to the Chamber’s advocacy efforts on behalf of local business.  Thank you.

Small Business of the Year award honors high-tech moving business

Wednesday, June 23rd, 2010

When Sherry Green and Allen Spinner founded Technology Team, LLC, in 2003, they were sure they’d plugged into a wide-open niche in the moving business – helping companies dismantle, relocate and reinstall their information technology.

Green had owned a catering business, working part-time disconnecting and reconnecting computers for Spinner, who was a technical services manager for a local moving company. They pooled their technical and business expertise to form Technology Team with Green as majority owner.

technology-team-2

“Relocation of data centers had the potential to be a booming business, because no one was doing them,” Green and Spinner said in a joint statement.

Revenue growth of 1,132 percent validates not only their idea, but also the innovative entrepreneurship they’ve practiced along the way.

Such achievement earned Technology Team the Fort Worth Chamber of Commerce’s 2010 Small Business of the Year Award (SBOY) in the 1-10 Employees category, adding another major award in a string of honors the woman-owned company has chalked up.

A key to Technology Team’s approach is the focus on full involvement of employees, customers, moving companies and all other service providers a project requires, all of whom also conduct ongoing evaluation throughout the job and afterward.

“Vendor relationships are the norm in the relocation industry,” Green and Spinner said, but “we see vendor relationships as adversarial, which is the low end of a relationship. We create a team environment where the sum of all is wiser than any one. This creates responsibility and accountability.”

Technology Team’s “smart expertise” is built around nearly 60 results-driven, part-time technicians who prefer flexible schedules and are deeply loyal to the company.

They and other staffers, along with Green and Spinner, give back to the community through involvement with a wide range of organizations such as the National Association of Women Business Owners, Tarrant County College Small Business Development Center, churches and programs aimed at providing business training to low-income women and men.

Entering the Chamber’s SBOY competition refreshed their perspective on Technology Team, they said. “We took a different look at our business. We believed we had made major accomplishments in 2009 and the application forced us to recognize and verbalize our accomplishments.

“We believe the Chamber award is the most prestigious award in Fort Worth,” they said. And in their entry narrative, they noted another belief: “No one has the passion of the entrepreneur.”

###

Technology Team’s website.

2010 Small Business of the Year Award winners.

Business Examples: Impact fee’s impact

Wednesday, August 26th, 2009

In addition to generating revenue such as property tax and sales tax, Fort Worth businesses and industries pay the year-old transportation impact fee at 27 or 36 percent of the maximum allowable.

A recent city presentation showed how much four types of businesses are typically paying annually in impact fees and how much more they would pay if those fees rose to 50 percent of the maximum allowable as proposed by consultants. Discounts are possible within Loop 820 and along existing arterials, but here’s a look at non-discounted totals.

General office
(30,000-square-foot building)
Currently: $60,540 at 27 percent level
Proposed: $121,080 at 50 percent level

Drive-thru fast food
(3,000-square-foot building)
Currently: $30,801 at 27 percent level
Proposed: $61,704

Daycare facility
(4,000-square-foot building)
Currently: $27,404 at 27 percent level
Proposed: $54,900

Grocery store
(60,000-square-foot building)
Currently: $319,440 at 27 percent level
Proposed: $639,960

Source: City of Fort Worth