Archive for November 20th, 2007

Discussions of Fort Worth Development

Tuesday, November 20th, 2007

There have been recent discussions of a Fine Line Diversified Development, in Fort Worth, that has caused the hunt for a developer or a buyer for the land. The land is close to three-hundred acres of premier Fort Worth commercial real estate property. The land is situated conveniently alongside the popular Texas Motor Speedway.

It is predicted that if the price is right, then the mineral rights could be part of the deal. Ed Bass, acquired the Fine Line commercial site, in February. The previous owner was the master developer Frank W. Harrison III. The land is at a perfect location, right along Texas 114 and Interstate 35W. This means that any business that is constructed on the commercial site will be in a prime location for visibility and foot traffic.

The build-out potential of the Fine Line Fort Worth commercial real estate is one and a half million square feet of retail space. Development on the site could add eight-hundred thousand square feet of Fort Worth office space and high-density residential properties. There is an estimated five million dollar development plan that would make use of the area efficiently.

William Boecker, president of Fine Line said,