1105 Calhoun
Fort Worth, TX 76102
1075 Calhoun Street · Land For Sale · 1.71 AC

Cushman & Wakefield is pleased to exclusively offer for sale 1075 Calhoun (the “Property”), located in one of America’s most popular and walkable downtowns in Fort Worth, Texas.? In fact, Downtown Fort Worth was recently named the #1 Downtown in America thanks to its low unemployment rate, high occupancy rate of both residential and retail and the bounty of museums, parks and entertainment venues.? Additionally, Fort Worth is one of the fastest growing cities in America and its downtown is home to over 1,400 companies employing more than 45,000 in just over 14 million square feet, including Range Resources, Freese and Nichols, Oncor and General Motors Financial Company.? The ±1.71 acre Property consists of three separate tax parcels and is one of the few privately-owned revenue-generating parking lots in the Central Business District.? It is an ideal size, encompassing nearly a full city block, 200 feet wide by 360 to 400 feet deep.? The highest and best use of the property may include hotel, office and/or residential with retail at the ground level.? Among other possible economic incentives, the Property is within the Downtown TIF District #3 which has available funding capacity.? Located just seven blocks from the heart of the nationally acclaimed Sundance Square, 1075 Calhoun is a connecting parcel that will complete the streetscape along 9th Street from the Convention Center entrance at the terminus of Main Street east to the Fort Worth Intermodal Station.? The Intermodal Station is an important transportation hub that provides convenient and direct access to downtown Dallas via the Trinity Railway Express (TRE) and DFW Airport via the TEXRail.? Additionally, plans for future high-speed rail are currently in the works and will be a “game-changer” for downtown Fort Worth.? Demand for downtown Fort Worth real estate continues to climb attracting strong investment with $362 million in construction permits from 2018-2020, including a 26-story, 283-unit luxury high-rise scheduled to break ground in October 2021.? That project is directly across the street at 901 Commerce and is being undertaken by a nationally recognized, best-in-class developer.? There are currently over 2,000 residential units planned or under construction in Downtown Fort Worth, and this is only expected to increase as more jobs are created in the Central Business District.? Additionally, there are over 800 hotel rooms currently planned or under construction, including Avid Hotel, Kimpton Harper Hotel, Sandman Signature and Le Meridien.? Hotel occupancy taxes hit an all time peak in 2019 and are expected to rebound strongly over the next year.? Southeast downtown Fort Worth, is transitioning, and is expected to continue the strong momentum it has seen since the development of the acclaimed Omni Hotel and Convention Center.? 1075 Calhoun represents a unique opportunity to acquire a strategic piece of legacy real estate in one of the fastest growing and most popular downtowns in America.?