Dallas Multifamily Advisors has been retained as the exclusive agent to arrange the sale of 114 Crossing, an ±81.11-acre (±45.67 useable acres) multifamily development opportunity along State Highway 114 in Fort Worth, Texas. The site is located within the successful master-planned Intermodal Logistics Center (ILC) West development.
114 Crossing’s strategic location provides high-visibility frontage on Highway 114, a major thoroughfare with an expected average daily traffic count of 119,000 vehicles in 2025, which is projected to more than double to 282,000 by 2055. This positioning offers unparalleled access to major transportation hubs and employment centers, including BNSF Railway’s Alliance Intermodal Facility, Perot Field Fort Worth Alliance Airport, and the AllianceTexas corridor. The area also benefits from proximity to the Texas Motor Speedway, which attracts world-class entertainment with seating for 155,000 spectators.
Fort Worth is one of the fastest-growing cities in the U.S. and was recently named the #1 Pro-Growth City in the nation. The city’s population surpassed 1 million as of July 2024, and it has grown faster than any of the 30 most populous U.S. cities since 2020. The DFW metroplex has a highly diversified economy with employment growth that has outpaced the national rate. The average household income in the 2-mile radius around the site is $150,790, which is significantly higher than the Fort Worth median household income of $76,602. The demographic profile and economic vitality of the region highlight a strong and growing consumer base for multifamily development.
