News
July 23, 2025

Prime Downtown Fort Worth Block Hits Market

Caroline Raffetto

A rare full city block in the heart of downtown Fort Worth is up for grabs this summer, adding to the surge of transformative development reshaping the city’s urban core.

Citadel Partners is marketing the 0.918-acre site at the southeast corner of Calhoun Street and Seventh Street, right in the Central Business District (CBD) and steps away from some of Fort Worth’s biggest current projects.

“This is a huge development opportunity in the heart of downtown,” said Breck Besserer, senior adviser at Citadel Partners. “Seventh Street is the major east/west corridor connecting the CBD to the Cultural District.”

Surrounded by high-profile projects, the block sits just two blocks from Texas A&M’s new Law and Education and Research and Innovation buildings, which anchor the university’s expanding footprint in downtown Fort Worth. It’s also adjacent to the $701 million Fort Worth Convention Center expansion and just one block from the city’s Central Station/Trinity Metro transit hub, making it a key link for visitors, commuters and new residents alike.

In addition to Besserer, the site is listed by Citadel Partners’ Cullen Donohue, market leader, and Andy Goldston, partner. The land’s unrestricted height zoning means developers have wide latitude to build up — whether it’s high-density residential, a new hotel, creative office space or a landmark mixed-use tower that reshapes the skyline.

“This is more than just a piece of land. It’s a front-row seat to the future of Fort Worth,” Besserer said. “With the CBD growing in this direction, this site is ideally positioned for a high-impact, legacy development.”

The block is owned by Georgian Holdings of Austin, according to the Tarrant Appraisal District. The company also owns the historic Binyon-O’Keefe Storage Co. building nearby at 210 E. Seventh St. Georgian Holdings and Austin-based Saigebrook Development are already active in downtown, converting the former XTO Energy office site into a mixed-income senior community expected to open next year — a sign of how older buildings and vacant sites are being reimagined to meet Fort Worth’s growing housing needs.

Walkability and proximity to large-scale investments add to the block’s appeal. Within steps are the Omni Hotel’s $217 million renovation and Deco 969, the sleek new 27-story multifamily tower that has brought hundreds of new residents to the east side.

“Downtown’s east side is transforming into one of the city’s most exciting and desirable areas with the major investments, improvements to nearby Commerce Street and increased walkability,” Donohue said. “This site checks every box for a developer looking to be part of Fort Worth’s next chapter.”

The momentum comes as Fort Worth crosses a major milestone — surpassing 1 million residents this year — which has elevated its position as one of the country’s fastest-growing large cities.

“Fort Worth crossing the threshold of 1 million residents this year reflects the city’s rising economic growth and momentum and reinforces the importance of strategic development that fuels a more vibrant, connected and competitive downtown,” said Robert Allen, president and CEO of the Fort Worth Economic Development Partnership.

Developers are already placing big bets on downtown’s future. Just down the street, Hillwood, the Dallas-based development giant founded by Ross Perot Jr., acquired another vacant parcel in October 2023 bounded by Sixth and Seventh streets and Calhoun and Jones streets. While Hillwood hasn’t yet disclosed its plans, its involvement signals more big moves ahead for the neighborhood.

As Fort Worth’s CBD expands eastward, sites like the Citadel Partners block offer a once-in-a-generation chance to shape the skyline and meet the demand for new residential, hospitality and commercial space in Texas’ hottest growth corridor.

Originally reported by Bob Francis in Fort Worth Report.

News
July 23, 2025

Prime Downtown Fort Worth Block Hits Market

Caroline Raffetto
Construction Industry
Texas

A rare full city block in the heart of downtown Fort Worth is up for grabs this summer, adding to the surge of transformative development reshaping the city’s urban core.

Citadel Partners is marketing the 0.918-acre site at the southeast corner of Calhoun Street and Seventh Street, right in the Central Business District (CBD) and steps away from some of Fort Worth’s biggest current projects.

“This is a huge development opportunity in the heart of downtown,” said Breck Besserer, senior adviser at Citadel Partners. “Seventh Street is the major east/west corridor connecting the CBD to the Cultural District.”

Surrounded by high-profile projects, the block sits just two blocks from Texas A&M’s new Law and Education and Research and Innovation buildings, which anchor the university’s expanding footprint in downtown Fort Worth. It’s also adjacent to the $701 million Fort Worth Convention Center expansion and just one block from the city’s Central Station/Trinity Metro transit hub, making it a key link for visitors, commuters and new residents alike.

In addition to Besserer, the site is listed by Citadel Partners’ Cullen Donohue, market leader, and Andy Goldston, partner. The land’s unrestricted height zoning means developers have wide latitude to build up — whether it’s high-density residential, a new hotel, creative office space or a landmark mixed-use tower that reshapes the skyline.

“This is more than just a piece of land. It’s a front-row seat to the future of Fort Worth,” Besserer said. “With the CBD growing in this direction, this site is ideally positioned for a high-impact, legacy development.”

The block is owned by Georgian Holdings of Austin, according to the Tarrant Appraisal District. The company also owns the historic Binyon-O’Keefe Storage Co. building nearby at 210 E. Seventh St. Georgian Holdings and Austin-based Saigebrook Development are already active in downtown, converting the former XTO Energy office site into a mixed-income senior community expected to open next year — a sign of how older buildings and vacant sites are being reimagined to meet Fort Worth’s growing housing needs.

Walkability and proximity to large-scale investments add to the block’s appeal. Within steps are the Omni Hotel’s $217 million renovation and Deco 969, the sleek new 27-story multifamily tower that has brought hundreds of new residents to the east side.

“Downtown’s east side is transforming into one of the city’s most exciting and desirable areas with the major investments, improvements to nearby Commerce Street and increased walkability,” Donohue said. “This site checks every box for a developer looking to be part of Fort Worth’s next chapter.”

The momentum comes as Fort Worth crosses a major milestone — surpassing 1 million residents this year — which has elevated its position as one of the country’s fastest-growing large cities.

“Fort Worth crossing the threshold of 1 million residents this year reflects the city’s rising economic growth and momentum and reinforces the importance of strategic development that fuels a more vibrant, connected and competitive downtown,” said Robert Allen, president and CEO of the Fort Worth Economic Development Partnership.

Developers are already placing big bets on downtown’s future. Just down the street, Hillwood, the Dallas-based development giant founded by Ross Perot Jr., acquired another vacant parcel in October 2023 bounded by Sixth and Seventh streets and Calhoun and Jones streets. While Hillwood hasn’t yet disclosed its plans, its involvement signals more big moves ahead for the neighborhood.

As Fort Worth’s CBD expands eastward, sites like the Citadel Partners block offer a once-in-a-generation chance to shape the skyline and meet the demand for new residential, hospitality and commercial space in Texas’ hottest growth corridor.

Originally reported by Bob Francis in Fort Worth Report.