Crown jewel of Fort Worth’s Cultural District announces it is expanding
More premium office space is coming to Fort Worth’s Cultural District.
Crescent Real Estate LLC announced Thursday it plans to build a second 170,000-square-foot office building on the backside of its existing mixed-use development at 3300 Camp Bowie Blvd. The Crescent Office West will front West Seventh Street between Van Cliburn Way and Boland Street.
The current office development, Crescent Office East, is nearly completely leased up, which motivated this latest expansion, according to a developer press release.
Pittsburgh-based PNC Bank relocated members of its commercial, corporate and private banking teams to the building in September 2023, and Dallas based Duro Hospitality plans to open a new restaurant on the ground floor of the building later this year, the press release said.
“The market demand for best-in-class office space in a luxury, amenity-rich environment is strong, and we are ready to bring the next phase of the project to the city,” said John Goff, CEO of Goff Capital, which owns Crescent Real Estate.
Goff highlighted the success of other components of the Fort Worth development, including the recently opened 200-room Crescent hotel. The development also includes a Canyon Ranch spa location and a 169-unit luxury apartment complex.
“Fort Worth, and the Cultural District in particular, continue to shine, and we are excited to be a part of the growth,” he said.
The Crescent Office West, which is scheduled to break ground late this year, will contain two restaurants, a gym, amenity deck and meeting space. It will have balconies on every floor, giving tenants a panoramic view of the Cultural District, the release said.
It will join a pair of projects from Nebraska-based Goldenrod Companies, which plans to build roughly 200,000-square-feet of office space in the West 7th entertainment district.
This story was originally published March 28, 2024 at 10:07 AM.
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