Showing posts with label Pier One Imports. Show all posts
Showing posts with label Pier One Imports. Show all posts

Monday, July 13, 2015

Wondering Why There Are No Plans To Build Fort Worth A New Skyscraper

This blogging is a variant of my popular series of bloggings about something I see in a west coast online news source, usually the Seattle Times, that I would not see in the Fort Worth Star-Telegram.

The variant is that this particular blogging is about something I regularly see in the Seattle Times which I rarely see in the Fort Worth Star-Telegram.

That being the announcement of some new big construction project.

Seems like hardly a week goes by without reading of some new construction project in downtown Seattle. Pike Place expansion. Residential towers. Mixed use towers. And projects like this skyscraper you see  here.

I've seen no new skyscrapers scrape the sky in Fort Worth since I have been in Texas. I think Dallas has added one or two.

I read yesterday that the Seattle area is currently the fastest growing zone in America, with the economy back in boom mode.

A booming economy would explain all the building projects, I suppose.

But, I thought I've read in the Star-Telegram that Fort Worth is growing fast. I don't think I've read that the local economy is booming though. Is that the reason for the static skyline of beautiful downtown Fort Worth?

The only semi-tall building I've seen constructed in Fort Worth since I have been in Texas is the Convention Center Hotel. That project did not come about via private enterprise building a hotel to accommodate all the tourists and convention goers flocking to Fort Worth. Due to the paucity of both, no private entity was interested in making that type hotel investment, so the local voters were snookered into helping pay for the hotel.

Since I have been in Texas I have witnessed several large construction projects in downtown Fort Worth.

Such as the Radio Shack Corporate Headquarters. To build that building eminent domain was abused to remove a public housing development. Due to building the Radio Shack Headquarters the big free Tandy parking lots were no longer usable. The world's shortest subway line was closed, making access to downtown Fort Worth no longer the easy thing it was prior to this debacle. The lack of easy parking has greatly reduced the number of times I have visited downtown Fort Worth ever since.

A short distance from the Radio Shack debacle we had the downtown campus of Tarrant County College debacle, a grandiose project, with an interesting design, thwarted in mid construction. In the midst of the Tarrant County College downtown campus boondoggle Radio Shack found it could no longer afford its new corporate headquarters. So, in a deal which made no sense to me, Tarrant County College, which had already spent hundreds of millions of dollars on their mangled downtown campus, then paid a few hundred more million to buy space in the Radio Shack building to use as their downtown campus, in a building which was not designed to be a school.

I tell you, Fort Worth has to be the "Boondoggle Capital  of the Free World".

That should be the town's catchy slogan, not "Where the West  Begins".

Adding to the roll of boondoggles, we have the Pier One Imports Corporate Headquarters. A beautiful building built on the spot where buildings were destroyed by a tornado. I don't remember how long Pier One Imports occupied their new headquarters before they, like Radio Shack, found out they could not afford it. The building was then sold to Chesapeake Energy to use as their satellite corporate headquarters from whence they ran their shadow Fort Worth city government during the reign of gas industry lackey, Mike Moncrief.

I don't know who owns the former Pier One Imports building now that Chesapeake Energy has taken the Walk of Shame out of Fort Worth.

If Fort Worth's economy is doing as well as the Star-Telegram propaganda-izes, how come we don't see more evidence of such?

We have America's Biggest Boondoggle currently stalled in slow motion, taking four years to build three little simple bridges from the mainland to an imaginary island, but not much else, except for an extensive music festival schedule taking place in, and beside, the Trinity River, a river which other parts of America would call the Trinity Slough, with no one thinking it a good idea to use as an inner tubing venue.

I'm sure some local would point to the West 7th area as evidence of Fort Worth's booming economy. Well, what I have seen in that area is extremely poor planning, with the area turning into a flooded lake when too much rain falls. The sidewalks are too narrow on West 7th, creating a canyon like effect that is not pleasant.

There is a lot of highway construction underway. Is that a sign of a booming local economy? Or one more sign of bad planning? The I-35 drive north from downtown Fort Worth has turned into an extremely unpleasant experience, particularly when you get past I-820.

I know there has been some effort to have some sort of train transit running from downtown Fort Worth to Grapevine, and, I think, the north entry to D/FW International. But, that project seems to be a lot of talk and little action.

If Fort Worth ever does actually have itself a booming economy do you think maybe sidewalks could be added to more of the city's streets? And maybe get rid of all the outhouses in all the parks and install modern restroom facilities with running water to replace the outhouses?

We have all recently witnessed how fast the South can change when properly motivated. Could not the Fort Worth outhouses go as quickly as the Confederate flag? We can only hope....

Tuesday, November 29, 2011

The Next To Last Morning Of November Thinking About Bankrupt American Airlines & Other Fort Worth Corporate Boondoggles

The steamy view through my primary viewing portal on the world is not due to a freezing frost on this next to last morning of the next to last month of 2011.

It is yet one more clear blue sky dawn of a new day semi-deep nowhere near the heart of Texas.

Currently heated to a chilly 37 degrees.

If the temperature predictors are correct it looks like Thursday may be the first day in several that the 24 hour average is 50 degrees or above, thus warming the water I swim in sufficiently to make going swimming doable.

Elsie Hotpepper has gone missing. Again. Even though she sent me an email telling me she has not gone missing. Again.

The most troubling news this morning was that American Airlines has filed for Chapter 11 Bankruptcy. American Airlines is one of the few big corporations based in Fort Worth. Along with Radio Shack and Pier One Imports. There may be others I am not aware of.

I'm not sure if Pier One Imports is still in business. They built themselves a very nice corporate headquarters near the Trinity River and then soon had to abandon their nice new corporate headquarters to Chesapeake Energy so Chesapeake Energy could have a nice new building from which to run its shadow government of Fort Worth.

I am almost certain that Radio Shack is still in business, even though Radio Shack also abandoned its very nice new corporate headquarters in downtown Fort Worth. I think Radio Shack may still lease a room or two in its former corporate headquarters, but it has mostly been taken over by Tarrant County College.

It is interesting how Fort Worth's scandals and boondoggles intersect.

Fort Worth abused eminent domain to take away a public housing project so the land could be given to Radio Shack. Radio Shack then took away Fort Worth's free parking lots and subway which used to make visiting downtown Fort Worth pleasantly easy.

Meanwhile Tarrant County College began building a very expensive new downtown campus that eventually turned into a boondoogle that was costing too much. So, that construction was scaled back with the majority of the new downtown campus moved over to the then mostly abandoned Radio Shack corporate headquarters.

And now American Airlines is bankrupt. If AA goes out of business that is going to leave an awful lot of open slots at D/FW International Airport.

I wonder what causes corporations headquartered in Fort Worth to have such woeful woes?

Monday, May 24, 2010

RadioShack's $10.7 Million Fort Worth Extortion Scheme

I have been in one of my cycles of feeling like why bother whining about the latest bizarro iteration of the Fort Worth Way's way of running a town.

After awhile you can't help but realize it is pointless to point out anything, when you can point out something so obvious as the fact that Fort Worth's Mayor Mike Moncrief has multiple criminal conflicts of interests where he monetarily gains to the tune of over $600,000 a year from the Barnett Shale gas drillers poking holes all over the town of which he is mayor.

Fort Worth's goofily corrupt mayor's latest goofy corruptness has been urging the Fort Worth City Council to approve a proposal to give RadioShack $10.7 million in tax breaks. Moncrief told the City Council that the deal, also known as an extorting shakedown, with RadioShack, is a "unique and productive partnership" that is "a good deal for all of us."

Just 8 short years ago special tax districts were created with tax breaks lasting 30 years, while eminent domain was abused to boot low-income citizens from the Ripley Arnold housing project, so RadioShack could build a new corporate headquarters. All the RadioShack incentives totaled up to $96 million.

The new RadioShack Corporate Headquarters was built. Soon, RadioShack found they could not afford it. Then another Fort Worth Boondoggle, the downtown campus of Tarrant County College bailed on its new building, and bought into the RadioShack building for their new campus.

Now, inside the rarified chambers of Fort Worth's city government, one of their operating premises is that it is a great benefit to Fort Worth to have a prestigious Fortune 500 company, like RadioShack, headquartered in Fort Worth.

And so, in those rarified chambers it makes sense to give RadioShack a lot more money if RadioShack would kindly stay in town for another 5 years.

I really don't see how having RadioShack in your town is all that great a deal. I really have never understood how they stay in business with their junky stores.

Now, what I'm thinking is Fort Worth would be well rid of RadioShack. Look at the damage RadioShack has done to Fort Worth. Where the new headquarters were built there had been huge, free parking lots. A free subway took you from those parking lots to the heart of downtown Fort Worth. This made it so easy to go to downtown Fort Worth. I used to do that frequently. I have seldom gone to downtown Fort Worth in the years since RadioShack destroyed downtown Fort Worth's best asset.

I don't know what the problem is with Fort Worth and new corporate headquarters. Pier One Imports built a new corporate headquarters, about the same time as RadioShack. The Pier One Imports Headquarters has now been taken over by Chesapeake Energy, used as the base of operations from which Chesapeake runs its shadow Fort Worth government.

The RadioShack CEO, Julian Day, was paid $8 million in 2009.

Fort Worth is closing swimming pools, cutting library hours, not filling potholes, not doing a lot of things, due to revenue shortfalls.

How is it anything but insane for Mike Moncrief and the Fort Worth City Council to consider giving a company like RadioShack, which has already done so much damage to Fort Worth, $10.7 million more? Instead, why is there not a demand that RadioShack return money to Fort Worth, due to the fact that their new Corporate Headquarters did not live up to the bill of goods RadioShack sold the city. It did not spur development on the Trinity River, it did not end up being a commitment to the city that lasted generations.

The commitment lasted a couple years, if that. Fort Worth should now sue for divorce from RadioShack, in my humble opinion.