City Place Complex
#101
Posted 09 June 2012 - 02:08 PM
I was out picking up trash all morning, to put Fort Worth in a nicer light for our visitors. The people going back and forth to the convention center were very nice.
- McHand likes this
#102
Posted 09 June 2012 - 03:26 PM
Very nice people can be angry. In fact with today's political climate surely should be.
I was out picking up trash all morning, to put Fort Worth in a nicer light for our visitors. The people going back and forth to the convention center were very nice.
Generally speaking, I find most of the visitors to downtown to be nice; and do ascribe their civil demeanor as more of a function of Fort Worth's great hospitality and warmth. Perhaps this explains what a difference to being out on the fresh and airy streets of downtown makes in ones nicety as juxtaposed to being coup up in the dark bowels of a frenzied and raucous Convention Center hall replete with quotes such as "I will take them out!" Even when one has booed and jeered ones own, how can one, after all, possibly resist the spell which is the folksy nature of Fort Worth.
We are indebted to your efforts to promote a cleaner city.
#103
Posted 13 June 2012 - 06:06 AM
Speaking of topic, a hotel would have been a great use for the south tower. The downtown hotels are running a solid 73% this year. This is considered very strong in the hospitality industry.
#104
Posted 13 June 2012 - 08:57 AM
#105
Posted 13 June 2012 - 09:07 AM
#106
Posted 19 June 2012 - 08:00 PM
#107
Posted 09 July 2012 - 04:16 PM
#108
Posted 10 July 2012 - 08:05 AM
#109
Posted 10 July 2012 - 08:09 AM
#110
Posted 10 July 2012 - 11:42 AM
How much parking is included in this and will any of it be available to the public (i.e. Sundance Square)?
I think one of the sides has a parking garage...
Anyone know when this is going to be finished?
#111
Posted 10 July 2012 - 12:10 PM
How much parking is included in this and will any of it be available to the public (i.e. Sundance Square)?
I think one of the sides has a parking garage...
Anyone know when this is going to be finished?
There is really very little information on the complex, but take a look at this site. Has a few tabs.
http://www.spirereal...e/overview-city
And
http://realpoints.dm...-in-fort-worth/
#112
Posted 17 August 2012 - 08:17 AM
#113
Posted 17 August 2012 - 10:04 AM
#114
Posted 17 August 2012 - 11:11 AM
#115
Posted 17 August 2012 - 02:32 PM
According to the Business Press, the garage has topped out. Also, in doing my research for TDLR applications, it appears that renovations to the South Tower are scheduled to start in October.
It looks like they still a floor framed but not poured.
#116
Posted 18 August 2012 - 12:00 PM
#117
Posted 19 August 2012 - 03:21 PM
#118
Posted 09 September 2012 - 05:17 PM
#119
Posted 09 September 2012 - 06:34 PM
We have heard that Oct. 1 they begin on the South Tower.
#120
Posted 09 September 2012 - 07:37 PM
I wish. I just sent an email to Spire Realty to see if they could give us an update. (Officers or hotel)
I read somewhere that a decision has been made to renovate the South Tower for Class A Office Space. Apparently this decision was made sometime ago, by evidence of Spire Realty to leave in tact the elevated pedestrian crossover between City Place and the Worthington Hotel.
"There will never be any additional upscale hotels built north of 5th Street or adjacent to Sundance Properties"......[snarkey sarcasm]
#121
Posted 09 September 2012 - 09:35 PM
#122
Posted 09 September 2012 - 11:01 PM
I am pretty sure Sundance would rather it be a Hotel....
I am not so sure.
It is a familiar pattern. Developers, usually from out of town, announce plans to build a full upscale hotel to serve the hotel business at the core of Fort Worth; and then the developers having announced such plans, mysteriously "change" their original plans Never mind the city's proven strong demand for additional high end hotel rooms, or that one hotel is enjoying near full occupancy year round.
I was pretty sure that the plans for a hotel were dead months ago when at the time the demolition of the Tandy Mall did not include the removal of the overhead walkway between City Place and Worthington Hotel. That was a tell tale sign for me that someone had gotten to Spire Realty. As a result, they have probably been out maneuvered by Sundance having their project be limited two instead of three revenue sources: retail and office space, and not hotel. This is an area that Sundance can and will find a way to dominate ultimately. Free markets are not free; and small markets can be manipulated with leverage.
It must be said that Spire Realty does not currently have a hotel property in its portfolio, but I would imagine that they were planning for City Place to be their signature and grandiose entry into that genre. They are a rather impressive company and one hopes that they would choose to build a hotel for competitive reasons as well as giving visitors more choice; but I suspect that contractual arrangements have made already between the principles that would prohibit a hotel at City Place. It will be quite interesting when Sundance begins to use its clout in the office and retailing sector and what impact it will then have upon an upstart competitor like City Place. At least with a hotel, City Place might have had a counter to the Sundance effect. Here is their press release over a year ago with the Star-Telegram in which they touted the enthusiasm for a hotel:
http://www.spirereal...5/Star-Telegram
#123
Posted 10 September 2012 - 06:51 AM
States they always had planned offices though they were approached by a few Hotel Chains.
It didn't mention any influence by Sundance Square. (people get sued for obstructing business plans these days)
I am anxious to get the City Place One tower renovated. It has been a dirty, dark suck-hole in the middle of our downtown.
http://www.star-tele...owner-gets.html
#124
Posted 10 September 2012 - 02:43 PM
I am anxious to get the City Place One tower renovated.....
I think that we can all agree on that point.
#125
Posted 10 September 2012 - 03:16 PM
#126
Posted 10 September 2012 - 07:01 PM
#127
Posted 10 September 2012 - 07:40 PM
I guess I'm having trouble picturing what all is going in on the site. Have any rendering or anything been released of the finished product? Is it street level retail on the east side and garage on the left?
It looks to me that the South side of the interior portion (area between the 2 Towers) will be retail and the North side Parking.
This may be our best rendition.
http://realpoints.dm...l-Rendering.jpg
#128
Posted 10 September 2012 - 08:37 PM
....Or proven financial and economic forces making an office renovation the more viable option? Developers are going to go with them plan that brings the best return.....
Going out on a limb is a place I usually try to avoid particularly when it is wrapped around a conspiracy mill; but try as I may, I guess I have.
So the question is between the two options: CBD Class A Office or CBD Hotel Occupancy and which of the two is the more viable use of the City Place South Tower. Recent studies suggest that it is an economic toss up as each market currently is strong and is trending above the national averages for their category as demonstrated by the accompanying reports.
One factor that appeals to me is, while the viability of Class A Office space absorption relies on newly established tenants or tenants seeking to relocate; hotels can, through their national and international network, keep a steady revenue of business as well as depend on its local tourist and convention business to be viable.
I suppose that Spire Realty, by choosing to add to its Class A office portfolio was a decision not to venture into the hotel business, preferring instead to operate in more familiar territory. I still do think that there probably was some outside persuasion going on; and whether their decision may turned out to be premature if you factor in the impact that both Sundance and Pier One/Chesapeake Tower will be having on the immediate market?
Fort Worth Class A Space Report:
http://www.rebusines...in.cfm?id=25242
Fort Worth Hotel Space Report:
http://www.fortworth...D=107&menuID=56
#129
Posted 13 September 2012 - 01:47 PM
Happy to report that there have been guys all over the roof of this One City Place building this afternoon. Measuring wheels (ya, bet there is a name for those things) cameras, HVAC area meetings.
They are supposed to start on this building October 1, so makes sense.
#130
Posted 13 September 2012 - 04:04 PM
#131
Posted 13 September 2012 - 06:02 PM
Kindoff answering my own question here but I found more images on the Spire Realty website gallery here.
Also mentions one city place (300 Throckmorton) as being class A office available in the 4th quarter of 2013.
#132
Posted 13 September 2012 - 06:34 PM
Sure looks like offices for One City Place. As I am looking into the building, I prefer offices to Hotels. (I have plenty of Hotels to look into and I am not interested.) As close as it is I would not care to be looking into people private lives. (The fantasy of there always being a college cheerleading convention quickly turns to the reality of a fat plumber conventions) Also, Offices wind down at night when it easiest to see into the building. I am looking forward to a "Live Building". Has been pretty sad just sitting for these 8 years.
#133
Posted 13 September 2012 - 09:56 PM
I was also going to make the same comment that Brian did about reality matching the rendering. I also think the new retail space that is attached to the south tower will be a great place for a shop or a restaurant.
#134
Posted 13 September 2012 - 11:38 PM
bahahahahaha... wow. We're needing more city center hotels like the other major cities have. That's one of the main things the "Republic" / "Democratic" Convention / Super Bowl / FIFA World Cup / The Olympics, just to name a few... committees look for.Brian: The fantasy of there always being a college cheerleading convention quickly turns to the reality of a fat plumber conventions
But yes, nice find Austin55
#135
Posted 29 September 2012 - 07:09 AM
I am very excited that on Monday, construction (Restoration) begins on the South Tower. (One City Place)
#136
Posted 29 September 2012 - 02:16 PM
#137
Posted 30 September 2012 - 05:45 PM
Looking West from Throckmorton. (Looking over construction fencing.)
#138
Posted 01 October 2012 - 09:13 AM
#139
Posted 01 October 2012 - 09:39 AM
#140
Posted 01 October 2012 - 12:37 PM
#141
Posted 01 October 2012 - 06:11 PM
The north tower has already been done. The south tower will look like the north when the project is completed.
Aw, man....
#142
Posted 01 October 2012 - 08:26 PM
The north tower has already been done. The south tower will look like the north when the project is completed.
Aw, man....
Um, yeah, agree. You would think they could have come up with something a little more imaginative, or at least something different. Probably a lot cheaper this way...
#143
Posted 02 October 2012 - 06:28 AM
#144
Posted 02 October 2012 - 09:49 AM
#145
Posted 02 October 2012 - 08:53 PM
The new middle section, not impressed at all. Took this today (Galaxy S3). The second floor, assuming its done up to the skybridge connection (which according to the renderings, it is), looks pretty bad in my opinion. Some white rectangles with that ugly dark grey/ black mesh stuff. Very cold and boring, and looks dated before its finished. The first floor will have retail though, so that's a great redeeming feature.
#146
Posted 02 October 2012 - 09:11 PM
Adrian
#147
Posted 02 October 2012 - 11:21 PM
How freakin cool that would be... wowCould that black section be an LED lighting display similar to the new billboard signs now being used roadside? A NYC Times Square style lighting would certainly draw attention.
#148
Posted 12 October 2012 - 02:47 PM
Still pretty ugly...
#149
Posted 12 October 2012 - 03:01 PM
#150
Posted 14 October 2012 - 05:26 PM
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