Dallas-based developer Bluelofts, Inc. purchased the former Fort Worth Star-Telegram building at 307 W. 7th St. in downtown and plans to turn it into residential units. The 19-story building shares a lobby with the 1954 Oil & Gas Building that Bluelofts purchased in January.
Then
The first six stories were built in 1929 for The Fair department store. It was expanded by Wyatt C. Hendrick in 1934 and went up for sale in 2020. The publication leased two floors of the expanded tower from the Department of Housing and Urban Development and transitioned out of the space in 2021.
Now
Earlier this week, Bluelofts announced plans to convert the building into 88 residential units and retain some of the office space. Combined with the adjoining Oil & Gas Building, Bluelofts now owns the entire block of West 7th Street from Taylor to Throckmorton. The total 440,000 sqft will include 268 residential units combined.