Downtown Fort Worth block snapped up by developer Hillwood

Dallas-based developer Hillwood has purchased a block in downtown Fort Worth for future development.

building the 27,000-acre AllianceTexas projecthas purchased a downtown Fort Worth block for future development. It’s the company’s first property play in downtown.The property at 7th and Calhoun streets on the east side of downtown is occupied by a parking lot and two low-rise commercial buildings. It was bought from Oncor Electric Delivery Co.

“It puts us in the middle of one of the fastest-growing corridors not only in downtown Fort Worth but within the entire city,” said Steve Aldrich, senior vice president of Hillwood. “Because of its location, the site provides flexibility for a best-in-class development project, whether that be office, residential or mixed-use. We want to leverage our expertise here and help realize the full potential for a vibrant urban core.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

dallasnews /  🏆 18. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Students at this Fort Worth elementary school will soon get medical care on campusJPS Health Network ran clinics at four FWISD schools until 2021. Then the hospital began sending kids to Cook Children’s.
Read more »

Here’s where Fort Worth plans to put its first trash collecting water wheelThe technology, pioneered in Baltimore, will help Fort Worth remove 50,000 pounds of trash each day from the Trinity River. It should be running by summer 2024.
Read more »

Baby among those critically injured in Fort Worth rollover crashFour people including an infant were hurt in a rollover crash on Loop 820 in Fort Worth overnight.
Read more »

Fort Worth making progress on ‘water wheel' project to clean Trinity RiverNBC 5 is learning the goal is to get the trash cleaning water wheels in the river next summer.
Read more »

Baby, 2 adults critically injured in rollover accident in east Fort Worth, police sayAnother adult received non-life-threatening injures. Fort Worth TX police are investigating the cause of the accident.
Read more »