Report to Members & Partners
February 2001
I-30 Overhead - Demolition is to begin the first week of August and the experts say that the structure should come down pretty quickly. Plans are underway for a community celebration of the event, probably on Saturday morning, August 4.
Banners -Notice the new colorful “Welcome to Fort Worth South” banners on South Main Street just south of Vickery and on Magnolia at South Main. Thanks to business owners Jim Eggleston of ABC Flag and Mary Kathryn Anderson of the St. Joseph Professional Buildings for their “school spirit.” Others are encouraged to participate in the program.
Strategic Plan Review - Fort Worth South’s board of directors met on February 13 for the first of two planning sessions to assess the organization’s progress and to reaffirm priorities. The meeting produced a list of strengths and weaknesses and a set of ranked priorities. The second meeting, scheduled for March 6, will review the earlier work, establish strategic priorities, and begin developing an implementation plan.
Magnolia Trees - The City of Fort Worth has agreed to plant new 3 inch caliper oak trees in the 51 vacant trees wells along Magnolia Avenue between Eighth Avenue and Hemphill as soon as things dry out. Fort Worth South accepted the responsibility for seeing that the trees will be cared for; we will work with property owners along Magnolia to distribute that responsibility. There are a total of 139 tree positions along the street, each with its own irrigating bubbler connection to the adjacent property owner’s water line.
McMansions? - From an article in the 2-27-01 issue of the Wall Street Journal: "Homebuilders have revealed their vision of the future, and it isn't what you would expect. For years, builders have been touting giant McMansions in the distant reaches of suburbia. But earlier this month, builders at the annual National Association of Home Builders conference in Atlanta unveiled new homes that are more understated than their predecessors, and built in older neighborhoods on smaller "in-fill" lots closer to downtown." It can happen, and is, happening in Fort Worth. Check out Lee Rogers’ new live/work space at 201 Pecan St., just east of the City Center.
Harris Methodist Fort Worth - Construction has begun on a new two-level, visitor only parking structureat the corner of Henderson and Terrell. It will accommodate 220 vehicles and have a large number of handicapped and van accessible parking spots. The exterior of the structure will look similar to the new critical care tower with brick and light colored stone. Completion in May ‘01.
uData Net has decided to relocate their growing business and their 15 employees from the suburbs (I-35 & 820) to a 15,000 sf “good old” building at 120 S. Main Street. The company designs and manufactures a variety of advanced data collection systems for the electric utility industry which are used primarily for gathering information from electric meters. They expect to be in the building in May. Welcome to the neighborhood.
Vickery Blvd. -The environmental assessment is finally complete. Detailed engineering plans will be done in August. Then property acquisition begins to obtain the needed right-of-way between Jennings and Henderson. Expect construction to begin May ’02.
Rosedale - South Main to I-35 - TxDOT will award the roadway construction contract, including the replacement of three railroad overpasses, in May 2001. Construction is to begin in July 2001, with completion 24 months later. Forest Park to S. Main - The roadway contract will be awarded in February 2002, with construction to begin in April 2002. Widening this section of Rosedale, including the replacement of the highway overpass of the FW&W railroad, is expected to take slightly longer than two years. The underground utility work, which will replace all the old pipes, will be done before the surface work. It will be a mess for a while!
Henderson - When the reconfiguration of Henderson is completed in May 2001, Henderson will be 2-way between Pennsylvania and Rosedale and Fifth Avenue will become, in stages, a privatized roadway for internal Harris Methodist traffic movements.
Fairmount Residential - This historical residential district has about 1,390 structures and about 90 vacant lots. During the year 2000, about 35 houses changed hands (half to owner occupants and half to investors). Most transactions were in the $100,000 to $150,000 range. The least expensive purchase for a house was $20,000. The most expensive was $285,000! It’s coming back.
Dinner on Magnolia - There are 13 restaurants along West Magnolia Avenue, all with their own interesting cuisine. The following are open for dinner Monday through Saturday: B.J. Keefer’s, Benito’s, Palermo’s Italian Cafe, Scampi’s, King Tut, and Junsuree Thai House. Scampi’s is also open on Sunday evening. Give these places a try instead of fussing with the queues at the franchise places.
Membership - Welcome to our most recent new members. There are now 190 members of Fort Worth South, Inc. Thank you.
|
Across the Street, Inc |
Scott Jones |
659 S. Jennings Avenue |
|
Athletic Lettering |
Jodi Conner |
125 S. Jennings Avenue |
|
Paul's Donuts, Subs, & Gyros |
Hany Sharaf |
513 W. Rosedale Street |
|
Centex Construction Company |
Dan Hansen |
901 S. Lake Street |
|
Real Estate Valuation Consultants |
Scott Burdette |
424 S. Summit Avenue |
Central City Residential - New rental properties built since 1995.
PROJECT |
BLT |
# UNITS |
MONTHLY RENTAL RANGE |
|
|
Electric Building 1 Bedroom / 2 Bedroom |
1996 |
106 |
$820 - $950 / $1,075 - $1,600 |
|
|
Firestone Upper Westside 1 Bedroom / 2 Bedroom |
1998 |
348 |
$785 - $1,450 / $1,080 - $1,730 |
|
|
Hillside Apartments (Market) 1 Bedroom / 2 Bedroom |
1997 |
172 |
$739 / $809 - $929 |
|
|
Homes of Parker Commons 817-994-9445 1, 2, & 3 Bedroom |
2001 |
192 |
$500 - $1,200 |
Jennings & TerrellOld Central High School & Hogg Elem. Bldgs |
|
Houston Place Lofts Loft |
1997 |
30 |
$830 - $2,000 |
|
|
Markeen Apartments 214-850-3408 1 Bedroom |
2001 |
14 |
$850 |
Daggett & St. LouisNorth of Broadway Baptist Church, just open |
|
Modern Drug Village 817-927-5000 Loft |
2000 |
5 |
$700 - $1700 |
Hemphill & MagnoliaAbove Fort Worth National Bank |
|
Monticello Oaks Townhomes 1 Bedroom / 2 Bedroom |
2000 |
63 |
$1,000 - $1,100 / $1,300 - $1,400 |
|
|
Pennsylvania Place 817-332-6396 1 Bedroom / 2 Bedroom |
1997 |
152 |
$395 - $455 / $539 - $609 |
Pennsylvania Avenue east of Jennings South of Broadway Baptist Church |
|
Residences of Museum Place 1 Bedroom / 2 Bedroom |
2000 |
40 |
$1,065 - $1,525 / $2,025 - $2,525 |
|
|
Sanger Lofts 1 Bedroom / 2 Bedroom |
1993 |
59 |
$1,050 - $1,200 / No Availability |
|
|
Sundance West 1 Bedroom / 2 Bedroom |
1991 |
55 |
$1,195 - $1,295 / $1,850 - $2,250 |
|
|
The Reserve Upper Westside 1 Bedroom / 2 Bedroom |
1999 |
194 |
$1,195 - $1,295 / $1,030 - $1,360 |
|
|
7th Street Station 1 Bedroom / 2 Bedroom |
1999 |
189
|
$750 / $950 - $1,400 |
|
This newsletter is being sent to 840 Fort Worth South Directors, Members and Stakeholders.
Fort Worth Southside Development District, Inc. (dba Fort Worth South, Inc.) is a private, member funded, nonprofit, organization dedicated to the revitalization of the near Southside of Fort Worth.
The District is a 1,400-acre area bounded generally by I-30, Evans Avenue, Allen Avenue, and the Tarantula Railroad.
Don Scott - President, 1606 Mistletoe Boulevard, Fort Worth, TX 76104, Phone (817) 923-1649, Fax 923-1658