A rare slice of downtown Fort Worth is up for grabs, and it could reshape the skyline.
Dallas-based Citadel Partners is marketing a full city block at 801 and 811 Calhoun Street, steps from the planned Texas A&M-Fort Worth campus and the convention center, the Dallas Business Journal reported. The asking price hasn’t been disclosed.
The nearly 1-acre site is being pitched as a prime opportunity for a high-density development with no height restrictions, an unusual offering in the increasingly competitive downtown core.
The seller is Georgian Holdings LLC, tied to Austin-based affordable housing developer Saigebrook Development, according to deed records.
The site is a surface parking lot that sits across from a former commercial building being converted into a $26 million, 100-unit senior housing project by O-SDA Industries. It’s also within walking distance of the Trinity Metro station and near key highways, including interstates 30 and 35W.
Cullen Donohue, Fort Worth market leader for Citadel Partners, pointed to growing interest from office users, especially, who want to be near Texas A&M’s five-building campus, where the first phase is expected to open next year.
“The amount of top-end talent that’s going to be coming out of A&M, it’s going to be substantial,” Donohue said. “So you have a lot of groups that want to be close to that, want to be able to tap into that talent and then also utilize the facilities that A&M is constructing.”
Citadel says the site is suitable for office, residential, hospitality or mixed-use development and stressed the visibility and branding potential it offers. Senior advisor Breck Besserer said it’d be “one of the first things you see” when entering Fort Worth. “So you really are going to have a chance to make a huge stamp on the Fort Worth skyline,” Besserer said.
Recent nearby activity supports the bullish tone: Ross Perot Jr.’s Hillwood bought a full block in 2023. Philadelphia-based Parkway Corporation picked up 3.5 acres of parking lots just west of the Citadel listing last year.
Fort Worth has seen a surge in residential conversions downtown, but newly built towers are a rarity. Deco 969, a 27-story apartment building that opened last year, was the city’s first new luxury high-rise in decades.
— Judah Duke
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