{"id":984190,"date":"2026-08-06T09:01:39","date_gmt":"2026-08-06T09:01:39","guid":{"rendered":"https:\/\/www.europesays.com\/us\/984190\/"},"modified":"2026-08-06T09:01:39","modified_gmt":"2026-08-06T09:01:39","slug":"struggling-fort-worth-mall-sold-set-for-redevelopment","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/984190\/","title":{"rendered":"Struggling Fort Worth mall sold, set for redevelopment"},"content":{"rendered":"<p class=\"mb-4 text-lg md:leading-8 break-words\">A struggling Fort Worth mall is set for a new chapter as a logistics center.\u00a0<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Ramrock Real Estate, LLC, a Dallas-based private equity firm, announced Wednesday the acquisition of Ridgmar Mall \u2014 and plans to redevelop the site as Ridgmar 30 Logistics Crossing. It&#8217;s set to be a six-building Class A development with roughly 931,000 square feet.\u00a0<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The mall&#8217;s sale comes after\u00a0JCPenney recently <a data-ylk=\"slk:said it would close;elm:context_link;itc:0;sec:content-canvas;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;link&quot;,&quot;yLinkElementType&quot;:&quot;article_link&quot;}\" href=\"https:\/\/www.dallasnews.com\/business\/retail\/article\/jcpenney-close-doors-north-texas-mall-fort-worth-22355424.php\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">said it would close<\/a> its store at the shopping center later this year. The center is located at the corner of Interstate 30 and State Highway 183 and will feature an &#8220;institutional-quality logistics campus,&#8217; the statement said.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Some of the stores will remain open in the short term, but eventually the mall will be completely torn down, said Tony Creme, partner at KBC Advisors Texas, in a statement.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The redevelopment, planned with consideration of its proximity to Naval Air Station Joint Reserve Base Fort Worth, will return &#8220;a long-underutilized property to productive use,&#8221; it said.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">As part of the redevelopment effort of the Fort Worth property, Ramrock partnered with KBC Advisors and Lincoln Property Company to assist with project planning, leasing and execution.\u00a0<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">&#8220;This acquisition represents the culmination of more than two years of engagement with elected officials and other community leaders to assess support for redeveloping the Ridgmar Mall site,&#8221; Creme said. &#8220;The feedback was overwhelmingly positive, and as a result, our collective teams are excited to partner with the City of Fort Worth and Tarrant County to revitalize this blighted site which was once a vibrant hub of social and economic activity in the community.&#8221;<\/p>\n<p><img alt=\"Renderings of the planned logistics center that will replace Ridgmar Mall in Fort Worth. (Ramrock Real Estate)\" loading=\"lazy\" width=\"960\" height=\"461\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2026\/08\/https:\/\/media.zenfs.com\/en\/dallas_morning_news_articles_211\/2eb912a229ab21a08d77ab4ed84c8957.jpeg\"\/><\/p>\n<p>Renderings of the planned logistics center that will replace Ridgmar Mall in Fort Worth. (Ramrock Real Estate)<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">While malls continue to find ways to thrive and succeed in North Texas and parts of the U.S., some have struggled to find a new future with the rise of the Internet and shifting tastes among consumers.\u00a0<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><a data-ylk=\"slk:The Shops at Willow Bend;elm:context_link;itc:0;sec:content-canvas;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;link&quot;,&quot;yLinkElementType&quot;:&quot;article_link&quot;}\" href=\"https:\/\/www.dallasnews.com\/business\/retail\/article\/shops-willow-bend-shrinking-ahead-planned-dallas-22373779.php\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">The Shops at Willow Bend<\/a> center in Plano is set for a redevelopment that includes plans for a new Dallas Stars arena. The Valley View Mall in Dallas closed and has been targeted as a potential future site for the Dallas Mavericks.\u00a0<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Ramrock is working with the City of Fort Worth and the county on planning and entitlement efforts, it said. Local officials expressed support for the project&#8217;s potential to revitalize the site, generate new investment, create jobs and contribute to the area&#8217;s long-term economic development goals, it said.\u00a0<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">&#8220;Ridgmar Logistics Crossing represents an exceptional opportunity to deliver institutional-quality logistics space in one of Fort Worth&#8217;s most strategic locations,&#8221; said Tom Kuhlmann, executive vice president of industrial for Lincoln Property Co., in the statement.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Ramrock Real Estate LLC, in partnership with Lincoln Property Company, HKS and Willow Bridge Property Management are developing 8300 Douglas, a12-story office building in Dallas&#8217; Preston Center.<\/p>\n<p>Subscribe<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><a data-ylk=\"slk:Sign up for the Morning Roundup, a free newsletter delivering the latest North Texas news each morning.;elm:context_link;itc:0;sec:content-canvas;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;link&quot;,&quot;yLinkElementType&quot;:&quot;article_link&quot;}\" href=\"https:\/\/www.dallasnews.com\/newsletters\/morning-roundup\/?utm_source=yahoo&amp;utm_medium=cta&amp;utm_campaign=textlink\" rel=\"noopener noreferrer nofollow\" target=\"_blank\"><strong>Sign up for the Morning Roundup, a free newsletter delivering the latest North Texas news each morning.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"A struggling Fort Worth mall is set for a new chapter as a logistics center.\u00a0 Ramrock Real Estate,&hellip;\n","protected":false},"author":3,"featured_media":984191,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5138],"tags":[5229,7371,7372,394929,112869,279979,394930,69712,394932,348560,286272,358,394931,3187,67,586,132,5230,68,2969],"class_list":["post-984190","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-america","tag-fort-worth","tag-fortworth","tag-frederic-remington","tag-lincoln-property-company","tag-logistics-center","tag-logistics-crossing","tag-private-equity-firm","tag-ramrock","tag-ramrock-real-estate","tag-ridgmar-mall","tag-texas","tag-tony-creme","tag-tx","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/117047755146337093","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/984190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=984190"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/984190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/984191"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=984190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=984190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=984190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}