FT. WORTH-A 207,600-sf office project, two years in the making, is on its way to reality for developer Ed Bass, whose infusion of capital into the downtown CBD has made it a worthy opponent of neighboring Dallas.

The latest venture is being named after its lead tenant, Bank One, which has signed for 65,000 sf in the $12.8 million project, minus land and finish-out costs. The project is situated across the street from the Bank One Tower, a 35-story landmark structure that had been severely damaged in the March 28 tornado as it ripped through Ft. Worth’s CBD, causing an estimated $500 million in damages.

About 55% of the class-A structure already is pre-leased, says Bill Boecker, president and CEO of Bass’ Sundance Square Management. Announcements for other signed tenants are in the works. “There are a number of people who work closely with Bank One who sought to be in the same building with them,” he tells GlobeSt.com.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.