An exciting $850 million project is getting ready to make big changes in Fort Worth’s Cultural District. It will bring in new offices, homes, stores, and places to stay.
This project is led by Westside Real Estate Investors. They’re teaming up with companies like Larkspur Capital from Dallas and the Keystone Group from Bass. They want to change the rules for over 11 acres of land near Cullen Street. They want to use it for lots of different things like offices, homes, and shops.
The city’s zoning commission will soon look at their plans. This project is a smart move to keep up with Fort Worth’s growth. The city has almost a million people now, which is 5.3 percent more than in 2020.
A Plan for Growth and Making Things Better
This isn’t just about building more stuff. It’s about making Fort Worth’s downtown better. They want to make up to 2 million square feet of space for lots of different things.
This plan is to match the city’s growth and make downtown bigger by 2045. The Austin-based Michael Hsu Office of Architecture is helping with this. They’re known for their cool designs that focus on the community.
They’ll change the old Fort Worth Independent School District office and some other spots into a lively area. It will help local businesses and bring in new ones too.
Helping with the Shortage of Office Space
Fort Worth’s downtown has very few empty office spaces — just 11.5 percent. That’s a lot less than downtown Dallas, which is 26 percent empty.
Fort Worth needs more office space, and this project aims to fix that. By adding new offices, homes, and stores, they hope to ease the lack of space and help the city’s economy.
This plan matches other big projects in the area, like what Goldenrod Companies are doing. It shows that Fort Worth is growing and getting more investments in its Cultural District.
Bringing Economic Growth and Culture Back
The $850 million project is a big investment in Fort Worth’s future. It will help the city grow economically and culturally.
By changing old industrial areas into new places with lots of different uses, the project isn’t just fixing the current problems. It’s also making Fort Worth a more exciting place in the long run.
This plan is all about growing, being creative, and involving the community. It shows that Fort Worth is looking ahead and ready for new businesses, residents, and visitors.
