But there has been some progress on other aspects. color: #fff; Johnson Controls in Weslaco: Johnson Controls, a manufacturer and distributor of building products and equipment, will open a new 123,000-square-foot industrial facility in Weslaco. Bank of Montreal in Irving:Bank of Montreal established a tech hub in Irving with plans to hire for up to 50 new tech and operations positions. Synthica Energy in San Antonio:Synthica Energy, LLCannounced the development of a new food waste powered renewable natural gas facility in San Antonio, brining 50 new jobs to the area. Anything Liquid Manufacturing in Richland Hills: Liquid dietary supplement manufacturer, Anything Liquid Manufacturing, has relocated its headquarters from California to Richland Hills. The Fort Worth Convention Center is located at 1201 Houston Street, Fort Worth, TX 76102. Casey Tounget, associate in Transwestern's Fort Worth office, which has some property listings in the project area, said the development opportunity near downtown "gives Fort Worth an unrivaled opportunity not found in any other major U.S. city.". Before moving to Fort Worth, she covered the coronavirus pandemic at the Hartford Courant in Connecticut. EoS Fitness in Dallas: EoS Fitness will move their headquarters from Arizona to Dallas and plans to open new locations in the Dallas-Fort Worth metro and Houston areas. Maguire Iron in Crawford: Maguire Iron announced the opening of a new facility in Crawford which will sit on six acres and serve as the company's Southern headquarters. }. } } Now, as the city enters 2021, staff is focused on several developments, including the opening of the Magnolia development downtown. The real gateway to the West, Fort Worth Stockyards National Historic District has, in recent months, seen exponential growth and development. The facility is expected to create 1,500 new jobs and generate billions of dollars in capital investment. } Orthodyne in College Station: Belgium-owned company, Orthodyne, which manufacturers wireless radio sets, celebrated their grand opening of a new facility at Texas A&M University in College Station. Most notably, the Texas Department of Transportation has finished construction on three new bridges that will carry traffic over the new channel, once its dug. The Boring Co. in Pflugerville: According to public documents, the Boring Co., Elon Musk's tunnel systems company, has moved its corporate headquarters from California to Pflugerville. color: #fff; Future acquisitions are likely to be funded through a mixture of revenue from grants, the oil and gas trust and Fort Worth's 2022 bond program, Dyke said. The land the park sits on is. border: 3px solid white; The 100,000-square-foot facility will initially house research and development activities . Wells Fargo in Irving: Wells Fargo announced a new campus in Irving expected to create 650 new jobs and $455 million in capital investment. font-size: 1.75em; background-color: transparent; .connected h2 { The development is adjacent to the 4-Star Marriott Hotel, Conference Center and Golf Club designed by . She also enjoys backpacking, rollerblading and watching reality TV. About. A Texas Enterprise Fund grant of $517,400 has been extended to the company. The Texas Department of Transportation constructed the three new bridges that will lead to the eventual Panther Island (more on that below). border: 3px solid white; Fort Worth Convention Center, 1201 Houston St. In the meantime, the city of Fort Worth has been tasked with moving and setting up utilities to accommodate the new channel. We need you to be cool with us holding onto your email address (if we already have it) and for us to email you about commercial real estate news and events. The massive growth in this area shows no sign of slowing. And local input didnt end there. Its common for public projects, particularly construction projects, to take longer than planned but Panther Island has taken that norm to an extreme. Walsh includes commercial development, residential neighborhoods, and mixed-use areas. font-size: 1em; Success! The new buildings may not be as noticeable as the Omni Hotel Fort Worth or the City Center Towers, but they will be the first new residential high-rise structures built downtown in decades. So far, construction has not begun on the hallmark of the project the digging of the 1.5-mile river channel. The project is expected to create 130 new jobs and $140 million in capital investment. text-align: center; In case you skimmed over some of this groundbreaking news, heres a quick re-cap. The City uses the Comprehensive Plan as a guide for decisions when: Creating and implementing special purpose plans, such as the Citywide Historic Preservation Plan, Gateway Park Master Plan, Lake Worth Vision Plan, Economic Development Strategic Plan, Public Art Master Plan, and Water & Sewer Master Plans, Preparing the capital improvement program, Comprehensive Plan Progress & Priorities Biennial Report. This area is bound by West Jessamine Street to the north, West Cantey Street to the south, Shirley Avenue to the west, and 8th Avenue to the east. The team has also worked with City staff, elected officials and Fort Worth residents to complete multiple rounds of programming and design elements for the tower, the site, new council chambers and parking expansion to best meet the goals of the City. The development, which will also include 1,000 acres of prime commercial property, is moving closer to getting off the ground. An underground storm drain system will be constructed on Cindy Lane, from Ten Mile Bridge to North Ridge Road, and on East North Hill Lane. Local officials have pushed the federal government to pay for the new bypass channel, because that is the flood-control portion of the project. Construction now underway at Future City Hall site. The property, being developed by Goldenrod Companies, will include approximately 99,400 square feet of Class AA office space, 147 multi-family units, and 11,600 square feet of street-facing retail and dining space. The Trinity River Vision Authority opted instead for a grander plan. Until recently, the project had received only $62 million in federal funds, far short of the more than $1 billion price tag for the project. And that especially relates to the Future City Hall building at 100 Energy Way. Kroger in Dallas: Kroger celebrated the grand opening of their new Customer Fulfillment Center in Dallas. height: 2.5em; } Arrive Logistics in San Antonio: Austin-based transportation and technology company, Arrive Logistics, announced their expansion with a new office in the San Antonio area. The Beltmill. Texas Motor Speedway is already experiencing the benefits of the Champions Circle Development. When explaining the intended look and feel of Panther Island, officials often refer to the San Antonio River Walk, which is a pedestrian-friendly development lining the San Antonio River with restaurants and stores. A second animal care and control facility that will be located in north Fort Worth will be designed. font-size: 1em; The three bridges are on White Settlement Road, North Main Street and Henderson Street. Our economic recovery and positive outlook for the future have kept prospect activity high. Mondee in Austin: Mondee, a publicly traded tech firm, announced the relocation of their headquarters from California to Austin. When pitching to the public and potential developers, officials highlight the vision of a bustling urban neighborhood. font-size: 1.25em; Use the form below to reset your password. To learn more about accessibility accommodations available from the City of Fort Worth, visit the Accessibility page. Oaks Country Club | 5821 Diamond Oaks Drive North | Fort Worth, TX 76117. font-size: 1.75em; } Located halfway between Dallas and Houston off Interstate 45, the 4,200-acre state park welcomed its last visitors on Monday after being forced to vacate the land. Enhancements to the existing intersection at Altamesa Boulevard and Crowley Road (FM731)will be implemented. Baby Day improves lifelong outcomes and creates opportunities for a brighter future for children in Texas. text-align: center; border-radius: 5px; Additional walks/trails connections, pedestrian bridge crossing, tree planting and security lighting will be added. Project completion is scheduled for the first quarter of 2024. Reconstruction of portions of the Crowley Road and Sycamore School Road intersection including additional left turn lanes and new signalization. Ann. TheComprehensive Plan Progress and Priorities Biennial Report(PDF,4MB)highlights the citys progress in accomplishing key objectives in fiscal years 2013 and 2014 and outlines priorities for fiscal years 2015 and 2016. The then-general manager of the water district, Jim Oliver, told the Star-Telegram in 2005 that the cheaper option of pure flood control would be no frills, ugly.. padding-top: 15px; Although the designs for the project often focus on the economic development, officials have billed Panther Island as a flood-control project that would protect a couple thousand acres of property from potential disaster. McAfee in Frisco: Global cybersecurity firm McAfee announced plans for a new regional headquarters in Frisco. Mouser in Mansfield: Mouser Electronics broke ground on a 416,000-square-foot facility to expand upon their distribution center in Mansfield. text-align: center; Design and construction of capacity improvements in Kroger Drive between Ray White Road and Park Vista Circle. [redacted] in Austin: [redacted], a cloud defense company, will move its headquarters from California to Austin amid rapid growth. 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