Manu Group, a development partnership of Dr. Ved Aggarwal, plans to start construction this year on a $4.2 million medical office and apartment building on Fort Worth’s near south side.
The three-story, 23,392-square-foot building on the west side of Lipscomb Street, just north of Rosedale Street, will feature offices for Aggarwal’s Texas Pain Institute and 14 apartments. It is expected to be completed a year after construction begins. Two lots on Alston Avenue will provide surface parking.
The South Side tax increment finance district approved reimbursing Aggarwal $219,279 for site and utility improvements in the public right of way at the site.
Historic Fort Worth looking for endangered places
It’s that time of year again to nominate a property for Historic Fort Worth’s Most Endangered Places list.
The selected properties will be announced May 6 at Thistle Hill, 1509 Pennsylvania Ave., as part of National Preservation Month. Historic Fort Worth began its Most Endangered Places list in 2004.
Nominations are due by noon Friday, March 14, and can be mailed to Historic Fort Worth at 1110 Penn St., Fort Worth, TX 76102.
Historic Fort Worth releases its annual list to raise public awareness of historic places in Fort Worth. Some of the properties have been saved and renovated; others have been demolished. Still others have remained untouched.
Last year, a childhood home of the late champion golfer Ben Hogan, at 1316 E. Allen Ave. in Morningside Heights, was added to the list.
For information, call Suzy Coleman at Historic Fort Worth at 817-336-2344, ext. 100 or email Suzy_Coleman@historicfortworth.com
North Texas construction contracts way up in 2013
Heavy construction contracts for North Texas ended 2013 32 percent ahead of 2012, and residential construction contracts pulled 19 percent ahead, according to the latest McGraw Hill Construction report.
Commercial contracts totaled $5.4 billion in 2013, compared with $4.1 billion in 2012. Residential contracts totaled $8.3 billion, compared with $7 billion in 2012, the report said.
Statewide, commercial contracts totaled $16.7 billion in 2013, a 16 percent gain from 2012, when $14.5 billion in contracts were recorded.
Residential contracts in Texas last year totaled $26.4 billion, or 14 percent ahead of $23.1 billion on contracts from 2012, the McGraw Hill report said.
DCT Industrial has bought a 100,423-square-foot industrial building from Cutler Holdings. Greg Nelson and Conrad Madsen of Lee & Associates represented the buyer. The seller was represented by Henry Miller III.
CATA Electronics has leased 3,250 square feet of warehouse space in Post & Paddock Place from GP Post & Paddock. Christopher Mendez of Coldwell Banker Commercial Alliance DFW represented the landlord.
The Birdville school district has bought the former Holiday Roller Skating facility with plans to renovate it for use by the district’s agricultural sciences department. Colt Cantrell of Cantrell Commercial represented the seller, Mary Warren. Mark Wood of Howe/Wood Co. represented the buyer.
Packers Plus Energy Co. has leased 2,080 square feet of office space from Parkway Commercial Realty. Sylvia Pell of Pell Realty Group represented the landlord.