FORT WORTH-Sundance Square, a 20-block live-work-play neighborhood, will be adding a 16-story office tower at Lamar and East Third streets in Downtown Fort Worth.

The tower will be named the Carnegie in recognition of its proximity to Fort Worth’s library, whose architecture was inspired by the city’s original Carnegie Library. The area has been well received with occupancy rates topping 95% over the past year.

“We’re very confident this building will be absorbed quickly,” says Johnny Campbell, president and CEO of Sundance Square. “At the beginning of 2004 we were seeing some dramatic increases in vacancy rates when we all thought we’d be seeing something else in this market. But we measured growth and made sure there was never a sprawl or an oversupply in Fort Worth and that’s created some real health in this market.”

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