Join The Discussion

 

UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

read more >

Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

read more >

Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

read more >

Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

read more >

Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

read more >

Fort Worth Club, Anthracite Realty strike parking lot sale agreement
 
The Fort Worth Club has reached an agreement to sell its parking lot at the corner of Sixth and Lamar iin downtown Fort Worth to a firm that plans a Class A office building at the site.
 
A. Lee Graham

Reporter

The Fort Worth Club has entered into an agreement to sell its off-site downtown parking lot to Anthracite Realty Partners LLC.

The Fort Worth-based real estate development firm emphasized that the sale is subject to a 60-day due diligence review, expected to reach completion by the end of June 2014. Terms of the transaction will not be disclosed.

The Fort Worth Club currently uses the property, at Sixth and Lamar streets, for overflow parking for club members, tenants, guests and the public.

The club purchased the property from the Fort Worth Star-Telegram in 2008. 

Anthracite owner Greg Bird said the intent of the review is to explore options to develop a Class A multiuse office building to serve as headquarters for Jetta Operating Co. Inc., a Fort Worth-based privately held oil and gas company for which Bird serves as president.

Jetta has been a Fort Worth Club tenant since 1991.

The multiuse office building also would include retail space and a parking garage that the Fort Worth Club would use for its members, guests and tenants. Anthracite has retained Bennett Benner Partners, a Fort Worth-based multidisciplinary design firm, to manage the due diligence review and the initial planning and programming of the building.

“Fort Worth has always been Jetta’s home, and we are delighted about the potential of this new downtown Fort Worth development,” Bird said in a news release.

The Fort Worth Club, founded in 1885, is a member-owned social, business and athletic club. It owns the 12-story and 14-story office buildings at 306 W. Seventh St., which includes a 300-space parking garage. The club is located on the upper floors of the two buildings.

lgraham@bizpress.net

 

< back

Email   email
hide
Midterms
What was the message of the midterm elections?