Leasing in this building is bad and several developers are watching if these spaces get leased with keen interest. If the market doesn't improve, some plans will be nixed on any potential new Fort Worth office tower(s).
Define bad.
The building is still in the lease up stage after delivering not even two years ago. It's sitting at 71% occupancy with only three full floor availabilities remaining (22,936 SF floor plates) and 1 partial floor (13,515 SF) remaining.
Having a large-block of vacant available shell space in a Class A building like this is what keeps downtown Fort Worth as an option for any corporate HQ relocation/expansion.
Wait a minute... something isn't right here.
The article says Frost Tower is only 314,000 square feet. But, in the headline, it says HNTB will be taking up over 300,000 square feet... which is almost the entire tower.
We know Frost Tower isn't almost completely vacant. So, either FWBP is wrong (perhaps they meant 30,000 square feet?), or the building's current tenants are going to have to relocate.
EDIT: Y'all beat me to questioning the numbers.