Provided
One of the last full city blocks available in Fort Worth’s Central Business District is officially on the market. Located at 801 and 811 Calhoun Street, at the southeast corner of Calhoun and Seventh streets, the 0.918-acre site presents what brokers describe as a rare and transformative development opportunity in the heart of an evolving part of downtown.
The site is only two blocks from the new Texas A&M downtown campus, adjacent to the $700 million expansion of the Fort Worth Convention Center, and just one block from the Fort Worth Central Station-Trinity Metro. Moreover, Seventh Street is the major east-west artery connecting the CBD to the Cultural District.
“This is a huge development opportunity in the heart of downtown,” said Citadel Partners senior advisor Breck Besserer in a statement. “With the CBD growing in this direction, this site is ideally positioned for a high-impact, legacy development.”
Citadel Partners’ Market Leader Cullen Donohue and Partner Andy Goldston are also marketing the property. Zoned H – Central Business District, the site has no height restrictions, making it ideal for high-density residential, hospitality, office, or mixed-use development.
Surrounding developments bolster the site’s appeal, including the $217 million renovation of the Omni Hotel and Deco 969, a new 27-story residential tower.
“These developments signal a wave of growth, investment and energy that is redefining the area,” said Donohue. “The east side of Downtown Fort Worth is transforming into one of the city’s most exciting and desirable areas.”
Fort Worth this year crossed the threshold of 1 million in population, reflecting the city’s rising economic growth. It is the 11th largest city in the US. DFW is the only metro in the US with two cities each with 1 million residents.