Fort Worth invests $31 million in two Cultural District Developments

Goldenrod Companies will build the Van Zandt project and One University on either side of West 7th Street.

Article by, Kate Mazade, FTW Today

City Council approved nearly $31 million in incentives for two Cultural District developments earlier this week. The projects by Nebraska-based Goldenrod Companies will bring 740,000 sqft and a $400 million investment to the West 7th Street area.

The Van Zandt | West 7th + Foch Streets
The mixed-use development includes 95,000 sqft of office and 10,000 sqft of retail space, in addition to 226 apartments and a 500-space garage. In order to claim all of the city’s investment, the project must be finished by the end of 2026.

One University | University Drive + Bledsoe Street
Set to open at the end of 2027, the development includes 100,000 sqft of office and 10,000 sqft of retail space, 240 apartments, an 800-space parking garage, and a 175-room hotel.

Goldenrod Companies has agreed not to lease tenant space to freestanding bars or nightclubs for the duration of the 15-year contract. This does not apply to bar service location within hotels or restaurants.