Program Recap: Fast and Furious - Growth and Development in Fort Worth

program RECAP: Fast and Furious - Growth and Development in Fort Worth

If you missed SMPS Fort Worth’s program on March 19, you missed out on an exciting presentation all about the exponential growth that Cowtown is currently experiencing and some very exciting projects that are underway. City of Fort Worth Mayor Pro Tem Sal Espino kicked off the program with his opening remarks about how excited he was about the future of Fort Worth and the surge of development going on in our City.

Matt Robinson of Walton Development presented two of their most recent developments taking shape along the Chisholm Trail Parkway. Chisholm Trail Ranch is a master planned mixed-use community that will feature retail/commercial, office and residential uses – all within 12 miles of Downtown Fort Worth. This development will include over 1,000 single family lots and will be the future home of a new Crowley ISD Elementary School. Lots are expected to be available in late December (2015) or early January 2016. Rock Creek Ranch is a similar development of approximately 1755 acres, and will be home of the future Tarleton State University’s Fort Worth Campus, projected to open in 2018.  Click here for presentation slides.

Kyle McGregor of Tarleton State University spoke about the plans for the new Campus in Fort Worth. A little history: Tarleton was founded in 1899 and is traditionally a residential campus. Currently, Global and Outreach Campuses include locations in Fort Worth, Granbury, Midlothian and Waco. Tarleton has experienced significant growth in the past few years (approximately 12,000 students) with a 69% growth in Freshmen since 2009. The Outreach Centers are growing 10-20% annually. TSU has had a presence in Fort Worth since the 70s, featuring the Medical Lab Science Program. Walton Development has donated 80 acres for the development of the new campus. Tarleton is seeking a $55 million tuition revenue bond in the 2015 Texas State Legislature for campus development. The Southwest Metroplex Campus will provide affordable degree options for working adults and community college transfer students. Phase 1 will include a 125,000 sq.-ft. building. The anticipated opening will be sometime in 2018.  Click here for presentation slides.

Bob Jameson of the Fort Worth Convention & Visitor’s Bureau told us how his organization was celebrating its 50th Anniversary. He explained how Fort Worth’s unique western heritage brings visitors on a regular basis. Downtown Fort Worth has recently been experiencing a 10% growth rate in business and leisure tourism. We do, however, have limits on our facilities. We need to expand the Convention Center and need additional hotel capacity of at least 1,400 rooms. The arena is outdated and more meeting space is needed. Fort Worth is also looking to make the area around the Convention Center more pedestrian friendly. Other exciting developments happening in Fort Worth that will bring more people to our City: Clear Fork Development, upgrades to the Cowgirl Hall of Fame, Firestone & Robertson Distillery, and Panther Island Brewery.  Click here for presentation slides.

JD Granger of the Trinity River Vision Authority began by reminding us that Fort Worth has been rated the best downtown in the nation by Livability.com. Recently, it was rated the #1 place to find a job in the county and is the 17th largest city in the U.S. The TRVA will take advantage of Fort Worth’s growth as well as contribute to it with the Panther Island development. It begins by rerouting the Trinity river, as San Antonio once did, to improve drainage, control flooding and provide the basis for the private component: 800 acres of mixed use development connecting downtown, the cultural district and the near north side. The citizens of Fort Worth wanted a waterfront, and better access to the river and recreation – this project will provide the ultimate waterfront community. Currently, TRVA is 95% finished with land acquisition needed to complete the project. There are 3 new bridges that will be constructed – Henderson, North Main and White Settlement (between now and 2018), all are currently under construction.  Click here for presentation slides.

 

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