The Fort Worth City Council listened to a pitch from developers interested in constructing a transformative mixed-use project at the former site of the Fort Worth ISD administrative office and a car lot. Larkspur Capital and the Keystone Group hope to bring 880,000 square feet of office space, 238,000 square feet of new retail, a 175-room hotel and nearly 1,800 apartments to the area by 2035.Â
As a result of the presentation, the town has proposed a $125 million incentive package for Westside Village, a project developers say would be built in four stages over 10 years from 2025 to 2035. The Fort Worth Report added that the incentive package would help pay for flood control, infrastructure and streetscape improvements.Â
Fort Worth ISD sold the building in 2020 for $4.96 million and relocated to a site farther west, at 7060 Camp Bowie Blvd. The auto dealer, Autobahn, also sold its lot to move to a different location.
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