CRESCENT REAL ESTATE OFFICIALLY BREAKS GROUND ON NEW DEVELOPMENT IN FORT WORTH’S CULTURAL DISTRICT

FORT WORTH, TEXAS, September 20, 2021 — Joined by Mayor Mattie Parker and other civic leaders, Fort Worth-based Crescent Real Estate LLC today officially broke ground on its new mixed-use development in Fort Worth’s Cultural District. The project will include a premier boutique hotel with a chef-driven restaurant, luxury residential, and a Class A office building, which will be home to Crescent Real Estate, Goff Capital, and Canyon Ranch.

“We are honored to break ground on what will be the living room of Fort Worth,” said John Goff, Chairman of Crescent. “Located in the heart of our Cultural District and its world-class museums, there is no better site in the city.  I started Crescent almost 30 years ago in Fort Worth, and it’s time we give back to the city we love.”

The project will be located at the corner of Camp Bowie and Van Cliburn, adjacent to the city’s storied museums, Dickies Arena and Will Rogers Coliseum. The project will be completed and open in mid-2023.

Specifically, the project will include:

  • 200-room luxury boutique hotel including a restaurant, a rooftop lounge, and 8,000 square feet of ballroom/meeting space; it will also feature a landscaped courtyard that will host outdoor dining, events, and social activities.
  • 170,000 square feet of Class A office space offering businesses the chance to office within the Cultural District.
  • The headquarters for Crescent Real Estate, Goff Capital, and Canyon Ranch.
  • 170 luxury residential units.