FORT WORTH-Stratford Land has teamed with Legacy Capital Partners Ltd. to acquire 625 acres in southwest Fort Worth.
The venture purchased the acreage for an undisclosed amount, but local experts say the land sold for more than $20 million. The sale is the largest land sale in the city over the past 12 months, according to Lester Day, the broker who represented the seller, Four Star Development Co.
The land, which is located at the future interchange of Southwest Parkway (121 Tollway) and McPherson Boulevard, is zoned for a mix of uses including residential, multifamily, retail and commercial use. The 26-mile tollway will connect downtown Fort Worth to southwest Fort Worth and ultimately Cleburne.
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