Downtown Fort Worth Real Estate
Downtown Fort Worth is “HOT.” This thriving business and residential district is attracting new businesses and residents at an unprecedented rate. Downtown Fort Worth has evolved into a bustling community offering economic opportunities, upscale housing developments, cultural pursuits and the finest in dining and entertainment, while uniquely retaining its western heritage; the Cattle Raiser’s Museum and Sir Richardson Collection of Western Art being prime examples.
Downtown Fort Worth Listings
1301 Throckmorton Street 3301, Fort Worth, TX - $7,900,000
1301 Throckmorton Street 1704, Fort Worth, TX - $2,500,000
1301 Throckmorton Street 3004, Fort Worth, TX - $1,300,000
500 Throckmorton Street 3603, Fort Worth, TX - $1,239,000
500 Throckmorton Street 3309, Fort Worth, TX - $998,000
205 Pecan Street, Fort Worth, TX - $995,000
1301 Throckmorton Street 2402, Fort Worth, TX - $949,000
700 Grove Street, Fort Worth, TX - $899,000
712 Grove Street, Fort Worth, TX - $845,000
1301 Throckmorton Street 2002, Fort Worth, TX - $750,000
1301 Throckmorton Street 2805, Fort Worth, TX - $695,000
1301 Throckmorton Street 2602, Fort Worth, TX - $695,000
Among recent downtown developments are the Carnegie Building, a 304,000 sq ft structure of Class A office space, and the twin-tower City Place, a mixed use project combining office and retail space with up-scale condominium units. Many other new and redevelopment projects are underway, and continue to change and improve
Downtown Fort Worth real estate
Downtown office and retail space are at a premium, with office space vacancy rates currently at six percent, and rental rates at an average of $29/$30 per sq ft. A number of new condo and apartment development projects have been underway, and when completed will add more than 200 new units to the Fort Worth downtown district. Prime examples are the 34-story Omni hotel/residence project.
Currently, the hotel is scheduled for completion by year end, 2008. Eighty-nine upscale condominium units atop the structure are scheduled for availability early next year. Renovation of City Place into hi-rise condos and the Texas and Pacific railroad terminal into up-scale lofts are further examples of continued construction due to high demand for business and residential space downtown.
Downtown Fort Worth Condos and Townhomes
Rapidly rising demands for Downtown Fort Worth condos and townhomes as investment properties or as a primary residence are increasing their value. A downtown location offers the convenience of close-by access to work and play, which can be attractive to young singles and empty-nesters alike. Purchase prices for a downtown Fort Worth condo or townhome can range from the mid-$150,000s to a million and up, whereas monthly rental costs for these same type of downtown properties may range from the mid-$600s and up to $4,000 or more.
VIP Realty is the real estate agency you should contact if you are in the market to buy or sell a commercial property or private residence. Our knowledgeable and experienced realtors are backed by VIP Realty’s state-of-the-art resources, which enable our agents to continually rank among the best producers in the industry, and accomplish the meeting of your real estate goals. VIP Realty knows downtown Fort Worth best, and we have a successful track record of accomplishment throughout the entire Dallas-Fort Worth Metropolitan area. Our clients benefit from VIP Realty’s various service options that are specifically designed to save you money, and effective, proven strategies designed to successfully close a deal in your favor. Contact VIP Realty today for a no-obligation consultation. Your satisfaction is our number one priority.
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Listing information last updated on May 1st, 2016 at 10:30pm CDT.