Shuttered since Bennigan’s went bankrupt in 2008, a former location on South Cooper Street in Arlington soon will be demolished and a Panera Bread Bakery & Cafe built in its place.
The chain of bakery/cafes has leased the restaurant site, at 4000 S. Cooper St., from its Dallas-based owner, 157/Melear Joint Venture.
Panera will spend about $1.3 million on a new 4,600-square-foot building, with work starting in July, according to a permit filing.
The restaurant should be open late this year. Joe Lea, asset manager with Cencor Realty Services, will oversee construction.
Wyatt Russo and Terry Syler with the Retail Connection represented the tenant. Steve Gray with The Weitzman Group represented the landlord.
Bennigan’s was once a vibrant chain. Developed by Pillsbury under the late Dallas restaurant legend Norman Brinker, the chain grew to have more than 400 locations. Its last owner, Grand Metropolitan, closed it and its sibling chain, Steak & Ale.
Bennigan’s has had a bit of a revival in the past couple of years — there are locations off Interstate 20 and South Hulen Street in Fort Worth and in Terminal D at Dallas/Fort Worth Airport. But some former locations have morphed into other retail sites.
Loughry receivesFounder’s Award
Ben Loughry, a longtime Fort Worth commercial real estate executive, has received the first-ever Susan A. Halsey Founder’s Award from the Real Estate Council of Greater Fort Worth.
The award is named for the late Susan Halsey, a partner in the real estate section of the Jackson Walker law firm who was active in commercial real estate trade associations. She was only the second woman to serve as chairman of the Fort Worth Chamber of Commerce. The award recognizes a person who exemplifies the mission of the Real Estate Council.
Also, Tyler Arbogast received the group’s Outstanding Young Leader Award.
Loughry has been actively engaged in the real estate business since 1969. Currently he serves on the board of Integra Realty Resources Inc. Arbogast is a development director at James R. Harris Partners in Fort Worth.
“We lost a great leader earlier this year and hope that her legacy will live on in the renamed Susan A. Halsey Founder’s Award,” said Jeff Davis, chairman of the Real Estate Council. “We also congratulate the new award winners and thank them for their service and contributions to our community and industry.”
American aircraft paintjob almost halfway done
There will be no more silver birds in the American Airlines fleet by the end of 2017.
In an employee newsletter sent out Thursday, American said about 44 percent of its aircraft now have the new American livery paint job, and the entire fleet will have the flag tail design by the fourth quarter of 2017.
“Repainting our fleet is one of the most visible signs of becoming a single airline,” the company said. “The only aircraft that won’t get paint jobs are those delivered in the new livery and the older aircraft that we’ll retire during the next several years.”
So far, the Fort Worth-based carrier has repainted 104 of the 301 US Airways mainline aircraft and 169 of the 325 American mainline aircraft with the new livery.