Downtown Fort Worth Office Submarket

Downtown features 11.3M SF of office space. Vacancy rates remained relatively low at 11.8%, well below the DFW and U.S. office markets. By the end of 2025, Downtown completed the year with positive absorption of 50,000 SF.

Placer.ai’s foot-traffic analysis estimates that 52,800 people worked in Downtown in 2025, a 2.5% increase from 2024. Additionally, employee visits are up 6% from the previous year, indicating a steady increase in employees returning to work.

Downtown hosts 1,414 private-sector employers, generating nearly $4B in annual payroll, according to
recent Census data. Downtown’s workforce remains diversified across professional services, with strong representation in oil and gas, law, accounting, finance, architecture, engineering, government, and other professional services.

Key factors bolstering Downtown’s sustained occupancy rates are demand for Class A products and the adaptive reuse of older office buildings into residential and hospitality developments. The Oil & Gas, Oncor, and Binyon O’Keefe buildings are currently in transition. The 400,000 SF Pier 1 building was recently converted into the new City Hall.

Significant investments continue to enhance Downtown’s appeal as a premier office destination.

• Planned I-30 Interstate improvements (est cost: pending)
• Downtown/regional rail investments ≈ $180M
• Fort Worth Convention Center expansion ≈ $700M
• New hotels ≈ $700M
• Texas A&M University System’s new Tier 1 research campus ≈ $180M
  (building 1 of 5 expected)