Fort Worth acquires 11.5 acres for new park in suburban neighborhood
Fort Worth has acquired 11.5 acres of new public parkland in the city’s northwest.
The City Council unanimously agreed Feb. 25 to spend roughly $3 million (plus $45,000 in closing costs) on the property, a now vacant plot of trees and bramble along Ten Mile Bridge Road squeezed in between subdivisions north of Northwest Loop 820.
The future site of “Paloma Park” was for decades in the hands of Haydn Cutler Company. The Fort Worth developer boasts holdings across the Metroplex, including the Marine Creek Ranch subdivision just north of the property, according to the company’s website.
An “independent appraisal” pegged the property’s value at $4.5 million, according to the city. Haydn Cutler Company agreed to shave $1.499 million of that price tag, lowering the final purchase cost to just below $3 million.
“With significant ongoing growth in single-family and multifamily housing in this area, the park will provide additional recreational opportunities that differ from those at Marine Creek Lake Park,” less than a mile away, Lori Gordon, a landscape architect manager for Fort Worth, wrote in a statement to the Star-Telegram. “The land’s location and characteristics were factors in its selection for park use.”
The city has yet to decide when it will begin developing the park, let alone when the space will begin offering services to the public.
Paloma Park is the latest in a string of new green space projects unveiled in recent months. The City Council in December agreed to spend $13.9 million to acquire 300 acres of ranch land in far north Fort Worth for the future Tinsley Ranch Park.
This story was originally published February 25, 2025 at 11:50 AM.
