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Fort Worth invests $31 million in two Cultural District developments

Goldenrod Companies will build the Van Zandt project and One University on either side of West 7th Street.

Rendering of 1001 University development

Take a sneak peek into the future of University Drive with this new development.

Image courtesy of Goldenrod Companies

Table of Contents

City Council approved nearly $31 million in incentives for two Cultural District developments earlier this week. The projects by Nebraska-based Goldenrod Companies will bring 740,000 sqft and a $400 million investment to the West 7th Street area.

Map of Fort Worth with two multi-block parcels highlighted

The two Goldenrod Companies properties are in the Cultural District.

Image courtesy of the City of Fort Worth

The Van Zandt | West 7th + Foch Streets
The mixed-use development includes 95,000 sqft of office and 10,000 sqft of retail space, in addition to 226 apartments and a 500-space garage. In order to claim all of the city’s investment, the project must be finished by the end of 2026.

One University | University Drive + Bledsoe Street
Set to open at the end of 2027, the development includes 100,000 sqft of office and 10,000 sqft of retail space, 240 apartments, an 800-space parking garage, and a 175-room hotel.

Goldenrod Companies has agreed not to lease tenant space to freestanding bars or nightclubs for the duration of the 15-year contract. This does not apply to bar service location within hotels or restaurants.

Be the Broker

Last week, we asked y’all to be the neighborhood’s broker + share your suggestions for what restaurant and retail tenants you would like to see come to the Cultural District. Here’s what you said.

Restaurants
Readers suggested a range of dining options from breakfast spots and bakeries to international cuisines like Chinese and Indian food. Some recommendations included:

Retail
Reader suggestions ranged from clothing shops to home improvement stores to gardening centers, as well as:

  • Hobby Lobby | Oklahoma City-based craft store with a location on South Hulen Street
  • Cole Haan | Shoe retailer with a store in the Tanger Outlet Mall
  • Trader Joe’s | California-based grocery store with a location on Hulen Street
  • Barnes & Noble | New York-based bookstore with two Fort Worth locations