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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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First restaurant tenant named for Waterside development

Zoes Kitchen will be the first restaurant tenant in Trademark Property's Whole Foods Market-anchored Waterside development in southwest Fort Worth,

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Fort Worth Chamber names Small Business of the Year winners

A trampoline recreation business; an oilfield services company; a longtime aviation maintenance firm; a maker of electrical wiring harnesses. Those were the wide variety of businesses that received the 2015 Small Business of the Year Award from the Fort Worth Chamber of Commerce.

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Trammell Crow, partner, plan large industrial park at Alliance

A rendering of the planned speculative industrial development by Trammell Crow and a partner. 

Robert Francis

rfrancis@bizpress.net

A joint venture has purchased a 314.4-acre property in the Alliance area for the construction of 1.6 million square feet in speculative industrial space.
Dallas-based Trammell Crow Co., in a joint venture with Prudential Real Estate Investors, the real estate investment management and advisory business of Prudential Financial Inc., have completed the purchase of the property located at the northwest corner of Interstate-35W and Eagle Parkway in northeast Fort Worth. Trammell Crow announced the deal Jan. 7.

Terms of the deal were not disclosed. The joint venture purchased the land from Intel Corp., which purchased the land just prior to the tech bust in the late 1990s, with plans for a computer chip plant.


The project, named Trammell Crow 35/Eagle, will comprise 1.6 million square feet of speculative industrial space, making it the largest project of its kind in Trammell Crow Co.’s 65-year history in Dallas/Fort Worth, according to the company. The project is expected to be completed in 2014. Full build-out of the park will include over 4.2 million square feet of office, retail and industrial product.


This speculative industrial project joins Hillwood’s two speculative industrial projects at Alliance, announced last year.
“We are pleased to continue our relationship with Prudential Real Estate Investors in the Dallas/Fort Worth Metroplex and deliver a Class A office and industrial product on the best sites in the area’s top submarkets,” said Scott Krikorian, managing director with Trammell Crow’s Dallas/Fort Worth Business Unit. “This is a milestone project for us and we’re excited to be a part of it. The Alliance market is a branded destination for sophisticated users and has a strong demand for first generation space. This development will provide tenants with modern amenities, as well as efficient access to local highways, intermodals and airports.”
Plans for the land site include two speculative industrial buildings, Building B comprising 1 million square feet and Building D comprising 548,495 square feet, totaling 1 .6 million square feet of Class A space. The project is located less than a mile away from Alliance Airport, as well as north and southbound exits and entrances at Eagle Parkway and I-35W. The project is also located within three miles from the headquarters for the BNSF Railway. The joint venture will seek LEED certification for the project.
 

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