Fort Worth celebrates start of $1.7B Westside Village development
After years of planning and development, shovels hit the dirt March 5 during a groundbreaking ceremony at the site of the $1.7 billion Westside Village development.
Construction of 37-acre mixed-use development at North University Drive and Westside Drive (a newly-named section of White Settlement Road) began earlier this year.
The development will have 880,000 square feet of office space, 238,000 square feet of shops, 1,785 residential units and a luxury hotel built over the course of two phases spanning 15 years.
Fort Worth city officials gathered to formally kick off construction, which will bring more than 2,000 jobs to the city and transform a stretch of the west side that sits in a lucrative part of the city between the north side, downtown, and the west side.
The office space will bring Fort Worth its largest “office space inventory” in 43 years, according to the city. The development will include a luxury apartment complex with more than 300 units, office space, shops, restaurants, a private social club, and an underground jazz club, according to Moss Construction.
“This project really is catalytic in so many different ways,” Fort Worth Mayor Mattie Parker said in remarks to the crowd gathered under a tent in front of the construction site. “You are situated in a very important place in the city of Fort Worth, just a mile or so from central business district, just a mile or so from the Fort Worth Stockyards, and our beautiful cultural district. This development will really bring all of those things together.”
Dallas-based developer Larkspur Capital and consultant The Keystone Group are behind the development, which will result in $45 million in infrastructure improvements.
The city will invest $45 million in grants to deal with flooding and other street issues, and $80 million in grants for the development of the project, as long as Larkspur Capital invests $1.7 billion in the development with $1.275 billion going towards construction costs. That deal was approved by the Fort Worth City Council in 2025.
“Our budgets are tight this year, and the way that we are able to continue to provide services to our residents and not have to raise their taxes is by having investment in our city,” said Fort Worth District 9 City Council member Elizabeth Beck at Thursday’s groundbreaking ceremony. “This is a $1.7 billion investment to our community, and so it really doesn’t just benefit this area, but it benefits all of Fort Worth, because it’s such an enormous boost to our tax base.”
District 7 council member Macy Hill said that the developers have been good partners in ensuring the city will benefit throughout the construction and development phases.
“They have been very pragmatic in their approach on how they want to make sure that this is going to be a really friendly project to the city,” Hill said.
“The residents have been great, the neighborhood groups have been great,” said Carl Anderson, Larkspur Capital president. “We continue to speak with them regularly. We try to do our best to keep everyone updated. And we want to make something that’s very special and walkable for the surrounding neighborhoods.”
The first phase of construction, a 100,000 square foot office building and a 308-unit residential building, is expected to be completed by 2028. The office space was designed by Austin-based firm Michael Hsu Office of Architecture. Along with the office building, there will be a restaurant with outdoor seating and a garden.
The apartment building, designed by Dallas-based architecture firm Cogan, will have studio, one- and two-bedroom units. The first floor will also have retail space and a restaurant.
This story was originally published March 5, 2026 at 5:03 PM.
