Investment Overview

Fort Worth, Texas, offers a promising investment opportunity with its thriving tourism industry and strategic proximity to major businesses. According to Visit Fort Worth’s 2023 annual report, the city experienced a record-breaking 10.8 million tourists in 2022, resulting in an impressive $3 billion economic impact. The significance of tourism is further demonstrated by events such as the Fort Worth Stock Show & Rodeo, which attracted over 397,000 attendees in May 2022 and contributed approximately $115 million to the local economy. Nature enthusiasts will find the Fort Worth Nature Center and Refuge within a mile from the property, while the iconic Fort Worth Stockyards and the bustling downtown area are both within a 25-minute drive. In June 2023, Fort Worth was ranked as the fastest-growing city in America, a testament to its burgeoning economic prospects. Additionally, a report released by Truist, a North Carolina-based bank, revealed that the Dallas-Fort Worth region exhibited the highest year-over-year job growth rate in the entire United States. Real estate developers will find Fort Worth particularly enticing, as it secured the No. 4 spot for the hottest real estate market in the last decade. On the industrial front, the city also earned the No. 4 spot for the most square feet of new industrial space construction. Fort Worth’s business landscape is undergoing significant expansion and transformation, making it a hub for various promising ventures. The city has seen substantial investments and developments in recent times with a reported $2.3 billion worth of developments are under construction or in the pipeline. • May 2023: Avanti Way Group secured a $31.5 million construction loan for a mixed-use project in Lake Worth Beach, featuring 125 apartments, 8,000 square feet of office and retail space, and 20,000 square feet of green space. • June 2023: Construction begins on Texas A&M University System’s three-building research campus in southeast Fort Worth. The project begins with the campus’ $150 million Law & Education building. • June 2023: Developer John Goff is planning a $275 million mixed-use project called Crescent Fort Worth, set to open later this year. The project is slated for 168,000 square feet of office space, 175 upscale rental units and a 200-room luxury hotel. • June 2023: Dart Interests paid $18 million for the Fort Worth Central Library with plans to convert the 2.5-acre site into another large mixed-use development. • July 2023: Junchuang North America Inc. (a major supplier to the electric vehicle industry) is planning to invest $21 million in a south Fort Worth plant that will bring over 120 new jobs by 2025.