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eastsider

DTFW: 60-story tower

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A Fort Worth architect and a Dallas development firm expect to be under construction as early as next summer on a spiraling 60-story, $200 million modern office and condo tower on the east side of downtown that, if built, will become the city

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This project is still early in the planning stages, but it could move quickly and be completed by mid-2008. The floor plates for the building will be 20,000 sf in size and the building will contain 200,000 sf of office space and 300 condominiums. It will also include ground level retail space with 10 levels of parking above that.

Fort Worth Star-Telegram: Developers planning a 60-story skyscraper for Fort Worth

That is great new for the city of Fort Worth. That is also a very rapidly growing city. I'm jealous I wish we had a 60 story plus building in SA. All we do is flirt with 20 story buildings down here

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WOWSER! And the first thought I had is whether Big D is going to feel a bit upstaged. Not that anyone of us would mind a little height war, right ?

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Developers anticipate completing design work, marketing tools, videos, virtual tours and a rendering by mid-February 2006. Then, they will begin pre-sales and the four- to six-month-long process of architecture, engineering and permitting work.

The proposed building, located at the SE corner of Calhoun and Sixth streets, would be comparable in height to Bank One Center and Fountain Place in DT Dallas.

Dallas Business Journal: Developers plan 60-story development in Fort Worth

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The proposed building, located at the SE corner of Calhoun and Sixth streets, would be comparable in height to Bank One Center and Fountain Place in DT Dallas.

Dallas Business Journal: Developers plan 60-story development in Fort Worth

I thought Fountain Place was just 720'. Maybe they're just talking about number of stories.

What is the tallest building in Dallas and what is its height???

929' I believe it's Bank of America.

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Looks very mixed-use.

:rofl:

Well said. Hopefully the final design will have better transitions between usage areas.

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Looks thrown together. I take comfort in the fact that it is described as a 'preliminary design'.

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^ Thanks, Dale. As for the preliminary design, get out the eraser and sharpen the pencils. Looks like a parking garage on top of a parking garage with a tower on top. I trust this will be reworked if this project goes.

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It'll be nice for downtown Ft Worth to have a landmark skyscraper to help define a skyline a little better.

I agree with you guys, this looks like a Dallas project - it doesn't fit in with a walkable street-level downtown like Ft Worth.

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The addition of the 200,000 sf of Class A office space planned for this project is expected to be absorbed quickly. Currently, it is estimated that the Class A occupancy rate in downtown Fort Worth is at 95% with only ~206,000 sf available.

Downtown Fort Worth hasn't had any speculative office space built since the Chase Bank Building at Fourth and Throckmorton streets opened in 2002. A full floor of space isn't available right now in the downtown market.

The condo portion of this project is more questionable as it could be difficult to find buyers for the 300 units at the price ranges established for this project. The condos are expected to be priced about $350 per square foot, while condos at The Tower which opened earlier this year sold for about $100 per square foot. In addition, more planned projects around downtown Fort Worth will mean increased compitition for this project.

Fort Worth Star-Telegram: New tower's office space needed, but condos are wild card

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The good news is that 'observers' typically underestimate the pool of buyers in that price range.

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What is the name of that building in downtown Dallas that looks like a microphone?

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Well, looks like this project will not happen in it's originally proposed 60-story form. This is a blurb from the article about the Omni Fort Worth Hotel groundbreaking.

Moreover, developers of a proposed 60-story office-condo tower at Seventh and Calhoun streets are redesigning their project without the condos. That tower, if built, would be 30 stories or less. The developers said the condos were making the project too costly.

Fort Worth Star-Telegram: Omni to have upscale condos

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