News — In the News
$850 million mixed-use district in Fort Worth gets initial greenlight
Dallas builder Larkspur Capital and private equity investment firm Keystone Group, LP have received a thumbs up from Fort Worth’s Zoning Commission to redevelop five parcels north of the city’s Cultural District that mainly comprise industrial warehouses.
Zoning documents show the early scope calls for an approximately $850 million multi-phased development. It could span as many as 2 million square feet of residential, retail, office and hospitality space at full build-out, according to the documents.
Entertainment options and green space are also expected to factor within the design. The first phase of the project is set include food and beverage, retail and mixed-use buildings, which will be designed by Dallas-based Corgan.
