COORDINATED WAYFINDING PROGRAM
Design is complete for wayfinding signage to be installed in Downtown,
the Historic Stockyards and the Cultural District. The signage will be consistent
in design and color to assist vehicles and pedestrians in finding destinations
and parking. An interactive parking website that complements the signage
and assists visitors in finding their way in the three districts has been
completed, www.fortworthparking.com.
Signage should appear on Downtown streets in 2008. TXDOT
is reviewing the plans.
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CITY PLACE
Developer David Porter is transforming the former Tandy Center corporate
headquarters into a $200 million mixed use development in the heart of Downtown.
The north tower will be dedicated to office space, anchored by Range Resources.
The south tower will be condominiums. The ground floor will be retail with
parking will be available on site. www.cityplacefw.com
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HYDE PARK & 9TH STREET
The Fort Worth Transportation Authority and the City of Fort Worth executed
a design contract for the Hyde Park Transit Plaza and Ninth Street improvements
to create a civic square and pedestrian-friendly corridor. Federal grants
totaling $3.5 million as well as local matching funds have been secured for
the acquisition, design and construction of the transit plaza. Construction
is expected to begin in 2008. www.fortworthgov.org/lancaster/initiatives/hydepark.asp
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LANCASTER AVENUE
Reconstruction is underway on Lancaster Avenue, a catalyst project for
redevelopment in the southern end of Downtown. The Lancaster Corridor Tax
Increment Financing District (TIF) was created in late 2003 to provide funding
for targeted projects. Funding from the TIF, combined with 4.5 acres of excess
right-of-way on the north side of the corridor, will provide incentive for
desired redevelopment in accordance with the Lancaster Design guidelines.
The first Lancaster TIF project is the Texas & Pacific Lofts residential
redevelopment. Street construction is expected to be complete in 2008. www.fortworthgov.org/lancaster/
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TRINITY RIVER VISION
The Trinity River Vision plan was completed in March 2003. Recreation,
flood control and development issues are addressed by the plan, laying the
groundwork to improve more than 80 miles of trails and significantly increase
the Downtown population over the next 40 years. A Tax Increment Financing
District (TIF) has been created to help fund public improvements required
within the project's 800-acre Downtown segment. Representative Kay Granger
has secured $40 million in federal funding to continue the Vision study and
cover the cost of pre-engineering and design work. The United States Congress
authorized $110 million in Fall 2004. The City of Fort Worth has developed
a relocation assistance package for businesses in the path of proposed bridges,
streets and rights of way. The Trinity River Vision Authority is leading
this award-winning center city improvement project. www.trinityrivervision.org
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OMNI CONVENTION CENTER HOTEL
The $75 million renovation and expansion of the Convention Center is complete
and Omni Hotels has begun construction of their 607-room, four-star hotel
immediately adjacent center. The building will include 89 condominium units
on the upper floors and is expected to be open in January 2009.
www.fortworthgov.org/lancaster/initiatives/convcenterhotel.asp
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UPTOWN FORT WORTH
The $300 million redevelopment led by Tom Struhs on the northeast end
of Downtown is planned to bring thousands of residents and to the bluff.
Lincoln Properties built the first residential structure, a beautiful 300-unit
apartment building. Lincoln has acquired more property and plans to build
more units in the community. Palisades, a 40-unit town home development has
also opened. Struhs has also announced the development of a new upscale condominium
tower for the neighborhood. www.uptownfortworth.com
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