FT. WORTH: Sundance Square Moves Ahead On Plaza
May 22, 2011 Leave a comment
FT. WORTH — Sundance Square is considering constructing two to three buildings as part of its long-planned central plaza project in the heart of its popular downtown entertainment, residential, office and shopping district. For many years, a park-like plaza has been included on Sundance Square’s master plan for the blocks bounded by Third and Fourth streets, and Houston and Commerce streets.
Now, Fort Worth’s Gideon Toal firm has been hired to conduct concept and feasibility studies to move the project along, the developer said.
“We are proceeding with additional studies for two potential projects in Sundance Square,” Sundance Square president and CEO Johnny Campbell said in a prepared statement. “This is one of the many steps we must undertake to determine if we can advance the project.”
Sundance Square did not release details regarding what the buildings would be used for or how much green space would be included in the design. Sundance Square said, though, demand for retail and office space is nudging the projects.
Sundance Square said the site is “being considered for plaza areas on both sides of Main Street.” The largest portions of each of the city blocks are now surface parking lots. The block on the west side of Main Street has the building with the famous Chisholm Trail mural. The Flying Saucer Draught Emporium is on the block on the east side of Main Street.
The developers are also looking to move forward with plans to build at the southeast corner of Third and Throckmorton streets. The corner, also a small parking lot, is across Third Street from Sundance West, a 12-story apartment building opened in 1991.
In 2009, after many years of trying, Fine Line Diversified Realty, Ed Bass’ real estate firm, bought a crucial, 15,000-square-foot tract at the southwest corner of Third and Commerce streets, that would allow for the central plaza project.
David M. Schwartz/Architectural Services, who has been the master plan architect for Sundance Square since 1989, will also design the central plaza project. Projects Group of Fort Worth has been named the project manager.
Sundance Square’s last two buildings built in its 35-block district are both offices. In 2008 it opened the 16-story The Carnegie, at Third and Lamar streets, and in 2002, the 12-story Chase Building, at Third and Taylor streets.
Fort Worth’s Bass family developed Sundance Square.
By Sandra Baker – Star-telegram.com
Downtown Fort Worth is already a nice place to hang out at, but I look forward to the upcoming changes that are going to make this an even more beautiful place!! 🙂