FORT WORTH — Traffic on Commerce Street between Second and Fourth streets downtown will become two-way under changes proposed by Sundance Square on the blocks around its new plaza and office buildings under construction.On Friday, Sundance Square asked the special taxing district overseeing downtown development to change a terms sheet reached in March 2012. The downtown tax increment financing district has agreed to cover $11 million in improvements to the public right of way around the three office buildings and plaza.Parties agreed to those terms before the project’s design was final and when Main Street was slated to remain open to traffic between Third and Fourth streets. The city has since vacated Main Street so the plaza can become a predominantly pedestrian area. The project is slated to be completed by November.Sundance said it wants to include $3.6 million in streetscape and traffic control projects to improve pedestrian safety and traffic flow. The TIF board approved the changes, staying within the budgeted $11 million.Besides the two-block section of Commerce Street switching to two-way, other changes include new traffic signals and curb extensions at most intersections to slow traffic by narrowing the roads. Also planned are sidewalk, lighting and landscape improvements.In January, the City Council approved vacating the one-block section of Main Street and conveying the public right of way to Sundance Square for $400,000.The city retained the right to get the street back if the property ceases to be used as a plaza, city documents said.Construction on the project began more than a year ago. It also includes reconditioning the historic Jett Building and Land Title Building.
Sandra Baker, 817-390-7727 Twitter: @SandraBakerFWST