$60 million mixed-use project proposed for Vickery at South Main
08/26/2014 7:52 PM
08/27/2014 9:55 AM
A nearly $60 million mixed-used project is being proposed for a 2-acre tract on Vickery Boulevard that could include a community garden with a grand staircase on South Main Street and 250 apartments.
The recommendations were made Tuesday night at a meeting organized to hear what a panel of architects and other development experts came up with during a two-day workshop. The group looked at the site that is now a parking lot for the T&P Station on the near south side.
The land is owned by the Fort Worth Transportation Authority, but it is looking to partner with the Fort Worth Housing Authority on a development project.
Donald Gatzke, dean of the University of Texas at Arlington’s architecture school, called the project “complicated and rather large.”
Proposed was a U-shaped, 10-story building of 250 apartments on top of a parking garage for more than 600 cars. The apartments would average 850 square feet, with about 80 percent of them renting for about $1,000 a month.
The project would also have space for street-level offices, shops and restaurants. The project would involve designing a mostly pedestrian walkway from Vickery Boulevard along Galveston Avenue and connect to the pedestrian tunnel to the T&P train station and on to downtown Fort Worth.
Ramon Guajardo, a Housing Authority consultant, said the agency will likely conduct a year-long due diligence on the project. If approved, construction could take another two years.
The proposed project has a $15 million funding gap, and sources for that money would need to be found first, he said.
The property is just to the south of the T&P Lofts, west of Main Street.
Join the Discussion
Fort Worth Star-Telegram is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.