Development and Business Resources
A Vision in Progress
Fort Worth South, Inc. (FWSI) was created in 1995 to spearhead the revitalization of Fort Worth’s Near Southside, a formerly vibrant, mixed-use historic district that had experienced several decades of decline. The organization’s major priorities from the beginning have included residential and mixed-use redevelopment, neighborhood safety, and general promotion of the Near Southside. On the redevelopment front, FWSI works toward a vision of a renewed and improved neighborhood with a distinctive urban character. Toward that vision, FWSI works to achieve the following redevelopment goals:
- Re-establish a vibrant, mixed-use, urban district.
- Prioritize residential development.
- Support economic anchors and institutions.
- Promote locally-owned businesses.
- Encourage both small-scale and larger projects.
- Balance preservation and new construction.
- Improve perceptions.
As a result of the combined efforts of hundreds of businesses and neighborhood leaders, the Near Southside has already enjoyed an impressive renaissance over the last decade. The district has retained its eclectic and diverse character while attracting new businesses and residents that are looking for an exciting urban environment and an alternative to the suburbs. Progress can now be seen all over as new businesses continue to relocate to the Near Southside and new residents recognize the advantages and appeal of urban living. An amazing community spirit makes it all happen, as property and business owners band together to improve building facades and streetscapes, transforming the appearance of the district and creating value for investors.
Development Standards & Incentives
FWSI has worked closely with the City of Fort Worth for over a decade to update development standards and establish economic incentives that promote high-quality redevelopment. The district’s walkable, mixed-use, urban character is a tremendous competitive advantage in attracting residents and businesses looking for something different than the suburbs. One of the primary development goals is to attract complementary projects that strengthen that character.
One of FWSI’s most important services is providing assistance to developers during planning, design, and construction. This section is a good starting point for those interested in pursuing a project. You’ll find information on development standards, the review process, incentive programs, and additional resources that should be helpful as your project moves forward.
Progress Reports & Economic Data
Each year FWSI publishes a Near Southside Progress Report to document projects, events, and other accomplishments that continue to transform the district. In addition, we assemble real estate data and produce the Near Southside Dashboard and Residential Market Review twice a year. These data reports are valuable resources to developers, businesses, and future residents looking for relocation and investment opportunities.
Property Listings
FWSI membership brings many benefits, one of which is the opportunity to list available property on our website and in our monthly newsletter. This list is not comprehensive of all available Near Southside properties, but FWSI-member brokers and property owners find it a useful tool to help get the word out about commercial and residential properties for sale or lease.
Hemphill + Broadway: 328 Hemphill 2000-8000 SF available Office/ Creative Office/ Medical Office for more information call Andrew Blake 817-332-9600 ext 6
Magnolia May: 401-411 West Magnolia 400 – 5000 SF available Restaurant/ Retail/ Office/ Creative Office/ Medical Office Patio space available for more information call Andrew Blake 817-332-9600 ext 6
Creative Magma 1257 W. Magnolia has office space for sub-lease, for more information call Brian 817-514-0222.
Properties for Sale and Lease: By Northern Realty Group 817-920-0000
622 Hemphill 4,400 SF building 2 offices spaces down and 2 apartments 1101 SF apartments on the second floor. $19 a SF or purchase for $725,000. for more information call Northern Realty Group 817-454-8506.
1309 S. Adams, (Bison Canyon Embroidery) For Sale – $500,000. Zoned MU-1
1315 S. Adams, (adjacent Vacant Lot) For Sale – $169,000. Zoned MU-1. for more information call Northern Realty Group 817-454-8506.
Individual Studio Offices Historic 1208 Building
West Magnolia and Fifth Avenue Monthly Rents from $450.00 to $750.00 Utilities Included Fran McCarthy 817-233-4040 fran@franmccarthy.com
Park Place Avenue:
Office Space with Living Quarters 1628 Park Place 2 story stucco 3,000 sq ft contact Gary Vasseur 817-3335-7575.
5,500+several offices, 18 exam rooms, kitchen break room. 1,440 + front waiting room , open area. Contact Gary Vasseur 817-335-7575
1.5 acres – 43,000 sf of land, Rosedale btw Bryan and Crawford. Jim Sager 817-877-4433.
Artists Space 459 S. Calhoun – lease, 2-story, 6,500 each floor with basement, contact 817-980-5328.
900 W. Rosedale St. For sale at reduced price - 14,317 sq ft site, with 4,200 sq ft building day access to 30 & 35 contact Jim Parr 817-336-2055 x 117.
1221 Pennsylvania Ave. Gordon Boswell Property. Approx. 7,100 square feet of warehouse space. Approx. 4,200 square feet of an older home/office space. Approx. 2,500 square feet of restaurant or retail space. Parking on site. Contact Trey Presswood with Panther Real Estate: 817-296-5058.
811 – 817 May Street. 18 Unit Multifamily Portfolio. 3 Separate Historic Buildings. NOI = $77,980. 8.50% Cap Rate. Contact Trey Presswood with Panther Real Estate: 817-296-5058.
821 May Street. Vacant Corner Lot. Approx. 6,000 square feet. Asking $12.00 per square foot. Contact Trey Presswood with Panther Real Estate: 817-296-5058.
707 W. Vickery - 3448 sq. ft. Exposed structure industrial space 39 surface parking spaces. Security system, immediate move in. For more information call Transwestern 817-877-4433.
Superme Golf Building 23 Residential Lofts, 12,000 sq ft on 1st floor $13 a sq ft., 14,000 sq ft adjacent warehouse at $6 a sq ft. Contact Hatfield Properties 817-239-9701.
Apartments for Lease: For information on the following apartments call 214-850-3408, or visit our Facebook Page. http://www.facebook.com/OldBuildingcom
TCU Garage Apartment 600 sf, hardwoods, $650/mo, water and trash paid
Individual Studio Offices Historic 1208 Building
West Magnolia and Fifth Avenue Monthly Rents from $450.00 to $750.00 Utilities Included Fran McCarthy 817-233-4040 fran@franmccarthy.com
Park Place Avenue:
Office Space with Living Quarters 1628 Park Place 2 story stucco 3,000 sq ft contact Gary Vasseur 817-3335-7575.
5,500+several offices, 18 exam rooms, kitchen break room. 1,440 + front waiting room , open area. Contact Gary Vasseur 817-335-7575
1.5 acres – 43,000 sf of land, Rosedale btw Bryan and Crawford. Jim Sager 817-877-4433.
Artists Space 459 S. Calhoun – lease, 2-story, 6,500 each floor with basement, contact 817-980-5328.
900 W. Rosedale St. For sale at reduced price - 14,317 sq ft site, with 4,200 sq ft building day access to 30 & 35 contact Jim Parr 817-336-2055 x 117.
1221 Pennsylvania Ave. Gordon Boswell Property. Approx. 7,100 square feet of warehouse space. Approx. 4,200 square feet of an older home/office space. Approx. 2,500 square feet of restaurant or retail space. Parking on site. Contact Trey Presswood with Panther Real Estate: 817-296-5058.
811 – 817 May Street. 18 Unit Multifamily Portfolio. 3 Separate Historic Buildings. NOI = $77,980. 8.50% Cap Rate. Contact Trey Presswood with Panther Real Estate: 817-296-5058.
821 May Street. Vacant Corner Lot. Approx. 6,000 square feet. Asking $12.00 per square foot. Contact Trey Presswood with Panther Real Estate: 817-296-5058.
707 W. Vickery – 3448 sq. ft. Exposed structure industrial space 39 surface parking spaces. Security system, immediate move in. For more information call Transwestern 817-877-4433.
Superme Golf Building 23 Residential Lofts, 12,000 sq ft on 1st floor $13 a sq ft., 14,000 sq ft adjacent warehouse at $6 a sq ft. Contact Hatfield Properties 817-239-9701.
