It is being built in coordination between NTE Mobility Partners Segments 3, LLC (NTEMP3) and TxDOT. Ecommerce and logistics companies see tremendous opportunities for growth and innovation and other companies are drawn by the central location and favorable business conditions. The targeted Northside area is bounded on the south by Jacksboro Highway, on the west by Roosevelt Avenue, on the east by Ellis Avenue and on the north by Northeast 25th Street. PMGs Braid sees the west Fort Worth developments as some of the best assets in the north Texas area. economic impact of AllianceTexas totaled to $8.24 billion, $92 billion in economic impact since its foundation. The project boasts access to numerous amenities from skilled labor, A+ school districts, affordable housing, and abundant nearby shopping centers. Residential lot sizes will vary from 40-foot cottage-style lots to 70-foot estate lots with home designs from reputable builders including: American Legend Homes, Perry Homes and UnionMain Homes. With convenient access to Alliance Airport and the short drive to DFW international Airport, access to this site is largely unparalleled. DALLAS COUNTY. Contact him at bob.francis@fortworthreport.org. You cant edit our stories, except to reflect relative changes in time, location and editorial style. Steve Brown, Real Estate Editor. Projects Projects and studies Fort Worth I-35W Corridor I-35W is a north-south corridor through Fort Worth, Haslet, and Burleson. There are currently 16 new build subdivisions that are coming soon to Fort Worth. Project development resources. If you cant visit, take a virtual touryoull love what you see! (Map courtesy of Google Maps). Especially when there are wonderful places to live like Harvest by Hillwood, the master-planned community in Argyle/Northlake, Texas. I would expect a pretty broad range of home prices and product types that appeal to a lot of demographics.. Implementation plan The development is just one of several large industrial buildings on the way in that area of North Texas. Dallas Cowboys want another playmaker on offense. The project will help TxDOT meet its goals to reduce congestion, enhance safety, expand economic opportunity, improve air quality and increase the value of transportation assets. A new home community filled with walking paths, parks, playgrounds and green spaces, Harvest by Hillwood is the perfect place to settle down and enjoy the best that life has to offer. That part of the development primarily north of Interstate 30 is continuing apace, Miller said. Miller said they are not planning to take the first offer that comes up for that area. Development of the 7,267-acre Walsh Ranch began in 2017 via a partnership with Dallas-based Republic Property Group. 998 Sq. A major national trade corridor, the interstate has daily truck volumes averaging 11 percent. She has experience working for several local papers including the University Star, the Katy Times, and the Fort Stockton Pioneer. Now: Dallas-based Bluelofts Inc., announced plans on Monday to convert the 16-story building into 180 residential units with amenities like a community gym and club, co-working space, and restaurants and retail on the ground floor. Reunion is slated to become one of the largest residential communities in North Texas, with future plans including the addition of commercial and retail development, multifamily communities and active adult living projects. Another way the airport has impacted the region is through the development of the Mobility Innovation Zone (MIZ). The Alliance corridor has been the center of massive growth over the last several years, with the residential population in Tarrant County growing to an estimated 2.11 million in 2020. Updated Fort Worth Business Press CBRE is leasing the project, which was designed by Missouri-based StudioNorth. background-color: rgb(255 255 255 / 15%); This is going to be around for a long time, as were probably looking at a 15-year project, at least, said Baird. Project development resources; Plans online; Road, bridge, and maintenance contractors, and roadway and traffic material suppliers . The North Tarrant Express corridor has been one of the most congested in the United States. | That is one of the largest plots of development-ready land for a future huge economic deal for Fort Worth, Miller said. 39 Burnett Lofts 1012 Burnett St Fort Worth TX 76102 Catalyst Urban Development/Lennar Multifamily Communities Under Construction 245 Intown Fort Worth/University Tarrant 9/1/2021 4 Wrap 40 Iron Horse Heights Iron Horse Blvd & Browning Dr North Richland Hills TX 76180 Maker Bros. To learn more about accessibility accommodations available from the City of Fort Worth, visit the Accessibility page. The development is perhaps the best located site in all of Fort Worth for something of this scale. The upcoming project is going before the Fort Worth City Plan Commission during its meeting on. 4:27 PM Mar 3, 2023 CST, The following projects have been filed in the last two weeks through the Texas Department of Licensing and Regulation. There are multiple multi-million dollar projects slated to begin in 2023 throughout the city. L3harris A30 Lab Space Renovation - 11,325 SF Post-Bid Arlington, TX 76011. . Roanoke, Keller and Fort Worth are positioned to see more economic growth in 2021 including newly created jobs and increased local tax revenue, as a number of new commercial and residential developments open. . Top New Home Cities in Fort Worth keyboard_arrow_down . border: 3px solid white; With just over 24,000 residents, Saginaw has a small-town atmosphere that the new project will maintain while also managing the city's growth. The republication tool generates the appropriate html code. width: 100%; When we purchased this land, we imagined a community that would meet the demand for reasonably priced single-family homes. Although the coronavirus pandemic forced many developments to halt, the Alliance area generated more than $8.24 billion in economic impact in 2020. Companies like Facebook, Amazon, Charles Schwab, Stanley Black & Decker, and Callaway have all brought new facilities to the region, and tens of thousands of jobs have been created for area residents. The site possesses a rare blend of high incomes, density, traffic counts and daytime population. Reclaiming Fort Worth's riverfront One major project in the works is Panther Island, an ambitious development with huge potential. Updated .connected button:hover, .connected button:focus { The distribution center site is near BNSF Railway's Alliance Intermodal yard. The Alliance Town Center contributes much of that growth. One of North Texas' top land developers is buying almost 1,500 acres in the Sherman area for a mixed-use project near where $35 billion in semiconductor-related expansions are planned. PMBs Baird said close to 1,000 acres of the former ranch is expected to be available for commercial development in the Veale Ranch project, most of that just south of Interstate 20 and along a Union Pacific rail line. NorthPoint Development plans to build a 707,592-square-foot . Saginaw is a rural suburb with roots in agriculture and railroads that sits about 15 minutes north of downtown Fort Worth. In August 2020, the Regional Transportation Council approved $7.3M for pedestrian improvements surrounding the Tarrant County Courthouse and Heritage Park . The master-planned development, named Reunion, will feature more than 10,000 single-family homes, across 3,600 acres of preserved lakes, rolling hills, waterfalls, woods . As part of this program, funds set aside by City Council will be used to improve neighborhood vitality and give residents paths to self-sufficiency. There arent a lot of other large acreage opportunities like this near major metros that people want to live in, even around the state of Texas.. Opens in a new window Opens an external site in a new window. Ever since the opening of the Fort Worth Alliance Airport in 1989, the Alliance corridor along I-35W has seen tremendous growth, particularly over the last several years. } Fort Worth Construction for a mixed-use development in south Fort Worth is underway. Southgate Marketplace, a development at the southeast corner of Rendon Crowley Road and Interstate. This growth is due in part to the new developments and favorable business conditions in the area. After the 2021 penalty reduction approved by lawmakers, voting illegally could land someone in county jail for up to a year and a $4,000 fine as a Class A misdemeanor. Each month, our lifestyle manager plans and hosts dozens of fun and engaging activities for homeowners to enjoy with their neighbors! This will help us attract a large project to the city, to have this much land available for commercial development, he said. The North City location is already home to more than 1 million sq ft of national retailers, such as Target, Costco and numerous others. Box 65, Fort Worth, TX 76101. Latino artist featured as favorite image, and a look back at the top photos of the week in Fort Worth, Tarrant County, Tarrant Appraisal District accepts board chairs resignation, but legal questions remain, Panther Island receives additional $20 million; leaves $98 million to fully fund project, City proposes $2 million to help Tarrant County with Las Vegas Trail housing project, Resisting arrest, bankruptcy and a restraining order: A look at Fort Worth's mayoral candidates' past legal issues, Tarrant County legislator assumes prestigious Republican position, Young Mens Leadership Academy principal looks to break stereotypes through education, Proudly powered by Newspack by Automattic. Powerful data, tools and analytics to help you stay ahead of your competitors. The Northside area will also be receiving, The plan is to install 33 total cameras in the Northside Neighborhood Improvement Area. height: 2.5em; } This complex is the largest inland port in the U.S., and it serves numerous entities, including: The area offers unparalleled access to transportation infrastructure, and it serves air, rail, and ground transportation. When Fort Worth officials announced that the city was on the short list in 2021 for the Rivian Automotive manufacturing plant with a site under consideration on the westside in Walsh Ranch area, just north of Veale Ranch, many were taken aback by the location. } The developers plan to set aside 800 acres for open space and build a trail system around existing lakes, creeks and natural springs. North City will offer the finest in retail, restaurants, entertainment, office, hotel and residential. FORT WORTH, Texas In far north Fort Worth, pasture land and rolling hills will be transformed into a new development. Job Description. Project value $2,935,473.00. We depend on our members to fund our Fort Worth and Tarrant County business reporting. An industrial development on a 73-acre property is in the works in north Fort Worth. You can only publish select stories individually not as a collection. .connected button { The once-rural area west of Fort Worth first began to change when the Walsh family who had owned 7,000 acres of ranch land just north of Veale Ranch since the 1930s opened the land up for development. height: 2.25em; Called Livano Victory Forest, it will include 357 . A Kansas City-based developer is working on a major industrial project in North Fort Worth. font-size: 1.25em; The forum has talked about North City before. font-size: 1.75em; Moreso, this is a long-term bet on the demand for reasonably priced single-family homes in D-FW. Her previous career experience includes working as a Features Writer with The Idle Class Magazine in Northwest Arkansas and as a News Reporter with The Arkansas Traveler. The massive economic impact that AllianceTexas has had is reason enough to move into the area. Multifamily development in north Fort Worth Located at 5851 North Freeway, this project would feature high density multifamily development. Dallas-based PMB Capital Investments purchased the land last August. The homes in PMBs nearby Ventana project range from about $400,000 to over $800,000, Baird said. @media (max-width: 767px) { And residents have access to their own private garden plot for raising their own produce, too. See 5 of Plano's most recent commercial development projects in 2023. . North City is one of the largest mixed-use developments in the southwest. The affected area includes: One of the 52 Public Works Administration projects as part of President Franklin D.Roosevelt's New Deal, Butler Place opened in 1940 to house its first 250 Black families. padding: 25px; Request Accommodations (English) / Solicitud de Acomodacin (Spanish)due to disability. | Weve had significant price appreciation and inflation recently. North Fort Worth Home for Sale: 4305 Blackstone Drive, Fort Worth, TX 76114 is a 3 bedroom, 2 bathroom, 1-story brick home with an attached 2-car garage and located on 0.55 Acre of land! .connected { See some of the largest upcoming projects in Frisco below. CONSTRUCTION JOURNAL Project Report - Win more business with commercial construction leads. Residents can also enjoy access to the Northwest ISD public school system, a booming job market and connectivity to the major hub cities of Dallas-Fort Worth. Fort Worth already has garnered some interest from large commercial projects. The developments first phase along Tarrant pky is already underway. Get email updates from the City of Fort Worth on the topics you want. North City is a prime location, situated atthe apex of the regional transportation artuaries, i35 and US287. Its whats going to be right for Fort Worth and really kind of open up that west part of Fort Worth as an additional economic corridor in the same ways that Alliance has up north, he said. 2:05 PM on Apr 1, 2020 CDT. text-decoration: underline; Check out all that Harvest by Hillwood has to offer for yourselfcome by for a visit and see our beautiful new construction homes. City Communities . The following information may be subject to change. By Summer El-Shahawy Streets and Sidewalks work began in September 2020 and now underway, Raised tree canopy to 8 clearance over sidewalks & 14 over streets, Maddox Park, Marine Park and Northside Park & Community Center trees pruned to remove large deadwood and low limbs, 270 5-gallon trees planted in the ROW in response to the free tree vouchers, Installation of security lighting is complete. The $3.052 million funding comes from a half-cent allocation of the municipal property tax rate to provide capital projects, improve public safety and attract private investment in underserved neighborhoods. The property is west of the huge AllianceTexas development north of Fort Worth and Texas Motor Speedway. In all emails, link directly to the story at fortworthreport.org and not to your website. Accommodations are available for residents who have accessibility requirements. Get the latest news from Steve Brown and the business staff. Do not copy stories straight from the front-end of our web-site. Steve covers commercial and residential real estate in Dallas-Fort Worth. font-size: 1em; SHARE THIS ARTICLE. The property has been on the market since 2020. If you use our stories in any other medium for example, newsletters or other email campaigns you must make it clear that the stories are from the Fort Worth Report. Implementation of the park master plan for new community park in far north Fort Worth, including, but not limited to, the construction of athletic fields, athletic field lighting, trails parking, security lighting, and supporting infrastructure and equipment. Coppell McKinney Plano North Plano South Richardson . The following information may be subject to change. Texas, United States. NorthPoint Development plans to build a 707,592-square-foot speculative warehouse on FM 156 near Alliance Airport.