The Ridglea Complex Portfolio 2 Properties in Fort Worth, TX

Ridglea Village and Renaissance office space is a historic mixed-use
development adjacent to the iconic Ridglea Theater. Constructed
in the 1940s by developer A.C. Luther, the complex embodies the
Mediterranean architectural style, featuring distinctive elements
such as red clay tile roofs, painted brick exteriors. and cantilevered
balconies. Strategically positioned along Camp Bowie Boulevard,
Ridglea Complex benefits from high visibility and accessibility, with
traffic counts exceeding 33,500 vehicles per day. Its proximity to the
historic Ridglea Theater further enhances its appeal, creating a vibrant
hub for commerce and culture in Fort Worth’s Camp Bowie District.
Ridglea Complex seamlessly integrates historic architectural charm
with modern functionality, offering a dynamic mix of retail and office
spaces that contribute to the area’s rich heritage and contemporary
vitality.

Ownership of this property presents
significant financial and tax advantages, particularly through
historic tax credits and other incentives. As a designated historic
landmark, the Ridglea Theater qualifies for federal and state
historic tax credits, allowing investors to recover a percentage
of eligible renovation costs as a dollar-for-dollar reduction in
tax liability. Additionally, property owners may benefit from
accelerated depreciation and other cost segregation strategies
to maximize tax efficiency. Fort Worth’s economic growth and
ongoing infrastructure improvements in the Camp Bowie district
further enhance long-term property appreciation, making this
a rare investment opportunity with both immediate income
potential and long-term financial upside.