
Unlocking Potential: A Unique Development Opportunity
In the vibrant landscape of downtown Fort Worth, a prime piece of real estate has emerged for sale, drawing attention from developers and investors alike. Located at the southeast corner of Calhoun and Seventh Street, this nearly one-acre vacant lot offers unparalleled potential in a quickly evolving business district.
What Makes This Lot Stand Out?
The site is strategically positioned just two blocks away from the new Texas A&M Law and Research Campus and adjacent to the substantial $701 million expansion of the Fort Worth Convention Center. With easy access to Interstate 30 and Interstate 35 West, the accessibility ensures a high foot traffic flow, further enhancing the site's attractiveness. Moreover, the property is within walking distance of the Omni Hotel’s ongoing $217 million renovation and a newly completed 27-story multifamily tower, Deco 969.
Growth and Transformation of Fort Worth
This multi-faceted development opportunity signals a wave of growth and investment in Fort Worth's east side. As the city surpasses 1 million residents, the demand for walkable urban neighborhoods increases, making locations like this one vital for future development. With no height restrictions on zoning, the field is open for high-density residential, mixed-use, or hospitality ventures, providing flexibility and potential for significant returns for developers.
The Importance of Strategic Development
Robert Allen, President and CEO of the Fort Worth Economic Development Partnership, highlights the significance of such properties in catalyzing a more vibrant and competitive downtown. As Fort Worth continues its transformation, the east side is becoming one of the city’s most dynamic areas, characterized by major institutional investments and improved urban infrastructure. This lot not only checks all the boxes for potential developers; it stands as a testament to a revitalizing city that's reimagining its commercial landscape.
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