Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Abandoned Ft. Worth Landmark Could Be Redeveloped
The owner of the building bought the Texas & Pacific Warehouse 25 years ago, but for all that time, nothing. It’s been vacant.
Now, the Dallas Business Journal reports the owner, Cleopatra Investments, has restarted development efforts. Before anything can get started, Fort Worth city officials have to conduct a structural inspection of the landmark structure, which has sat vacant for decades. The inspection could spur the long-awaited development of the building and trigger immediate renovations depending on the findings.
Plans call for the eastern edge of the building to be a hotel with apartments on the upper floors and retail at the bottom. The warehouse is 611 feet long by 100 feet wide.
The building on Lancaster Avenue helped jump start Fort Worth’s growth a century ago as part of the T&P railway.
- ◦Development
