Construction is expected to begin in early 2026 for the first phase of a 37-acre mixed-use project at the former site of the Fort Worth ISD administration building, developers announced Sept. 4.
The $1.7 billion Westside Village — located along the West Fork of the Trinity River just west of downtown Fort Worth — is expected to be completed in 2028, officials with the Keystone Group and Larkspur Capital said.
The first phase will include a 100,000-square-foot Class AA office building and a 308-unit luxury residential community. The office building will offer workspace, ground floor retail, two restaurants and a private social club, all connected by an underground parking garage.
“We are excited to break ground on Phase I of Westside Village, introducing a distinctive office environment alongside thoughtfully designed residences that will bring something truly special to Fort Worth,” Schafer Smartt, vice president of Dallas-based Larkspur Capital, said in a news release.
Developing the project is FW Westside RE Investors, a partnership between Fort Worth-based private investment firm Keystone and Larkspur Capital.
HPI Real Estate Services & Investments will lead office leasing for the building, which will be at the northeast corner of University Drive and White Settlement Road. The HPI Fort Worth team of Matt Montague, Jake Neal and Colt McCoy is now pre-leasing spaces.
“With ground floor retail, restaurants, and a private social club in a walkable, connected environment, this is the most dynamic opportunity in the region,” Montague, executive managing director for HPI, said in a news release.
The 308-unit residential building will include a mix of apartments, including studio and one- and two-bedroom units. Amenities will include a resort-style pool deck, private cabanas and grilling stations, multiple resident lounges, coworking areas as well as a fitness and wellness center.
The development will connect to the Upper West Fork trail system nearby.
The master plan for Westside Village will transform 37 acres bordered by University Drive, White Settlement Road, Foch Street and the Trinity River.
The full build-out of the project will deliver:
● 880,000 square feet of Class AA office space
● 238,000 square feet of retail space
● A luxury boutique hotel
● 1,785 residential units
Michael Hsu Office of Architecture is leading the design of the office building, with Corgan architecture firm serving as the architect of record. Corgan will serve as the full-service architect for the residential building.
On June 24, the Fort Worth City Council unanimously approved a $125 million incentive package for the westside project.
The city committed to participate via the Near Westside tax district and provide a 15-year, partial property tax abatement. The incentive package will help pay for flood control, infrastructure upgrades such as stormwater fixes and road improvements, and streetscape work.
The project is expected to generate nearly $121 million in new taxes to the city of Fort Worth during the duration of the incentive agreement, according to a city report.
The westside property includes the site of the Fort Worth ISD central administration offices as well as the high-end auto dealer Autobahn. The school district buildings were demolished, and Autobahn announced plans to move to a location on the southwest side of town owned by the Clearfork developers.
Bob Francis is business editor for the Fort Worth Report. Contact him at bob.francis@fortworthreport.org.
Eric E. Garcia is senior business reporter at the Fort Worth Report. Contact him at eric.garcia@fortworthreport.org.
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