Fort Worth invests $31 million in two Cultural District Developments
Oct 20, 2023
Goldenrod Companies will build the Van Zandt project and One University on either side of West 7th Street.
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.
https://ftwtoday.6amcity.com/city/goldenrod-companies-developments-fort-worth-tx
The Goldenrod team wishes the Aaron family congratulations on this significant day. We are very grateful for the lasting legacy that Hank Aaron created, and we thank the Aaron family and all those associated for their continued support of our project in outfield. We hope this special development, named “The Henry” in honor of Mr. Aaron, continues to pay tribute to all that he stood for on and off the field. “Keep swinging #44”
Our hotel in Lincoln, Nebraska, The Scarlet Hotel, inspired the U.S. Navy to name their staterooms in a similar manner. We had engaged the team at Archrival to write unique stories of nearly 150 Nebraska cities and towns. We shared these stories with the U.S. Navy, along with more than 2,000 photographs depicting each locale which were captured by students from the University of Nebraska-Lincoln. Thank you to Dale and Roger from the Big Red Sub Club for presenting Zach with this memento.