The team behind one of Fort Worth’s largest planned redevelopments is carving out space for an entertainment anchor.
Dallas-based Larkspur Capital and Fort Worth billionaire Robert Bass’ Keystone Group plan to convert a former meat locker at 2800 Cullen Street into a restaurant-and-entertainment hub called “The Shed,” which would serve as the northern gateway to the 37-acre, $1.7 billion Westside Village project, the Dallas Business Journal reported.
The 3.67-acre property is slated for 19,100 square feet of indoor space, a sprawling 23,000-square-foot covered patio, another 23,500 square feet outdoors and 165 parking spaces, according to marketing materials from DBA Commercial Real Estate, which is leasing the space. A tenant has not yet been secured.
Schafer Smartt, vice president at Larkspur, said the space is one of the few buildings in the district that has architecturally significant features worth retrofitting, noting the site’s industrial heritage. Renovation work will start once a lease is inked, DBA’s Austin Schenkel said. Line Design, known for adaptive reuse, is leading the design.
The development is meant to sync with the first vertical phase of Westside Village, set to start construction early next year at 100 North University Drive. That phase includes a $125 million, 308-unit luxury apartment building with a 716-space garage and a 100,000-square-foot Class AA office tower with retail, two restaurants and a private social club. Michael Hsu Office of Architecture is designing the office component, while Corgan is overseeing the residential piece. Completion is slated for 2028.
The broader Westside Village plan includes 880,000 square feet of office space, 238,000 square feet of retail, nearly 1,800 apartments, a 175-key hotel and $45 million in infrastructure upgrades by 2034. It would mark Fort Worth’s largest office delivery in more than four decades.
To unlock a public incentive package approved this summer, the developers must invest at least $410 million and hit hard-construction spending of $311 million by 2030. Minimum requirements include 200,000 square feet of office, 95,000 square feet of retail and a hotel of at least 150 rooms.
— Eric Weilbacher
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