New projects will change face of Fort Worth in 2008

Betty Dillard writes:

The real estate success story that Fort Worth experienced during 2006 and 2007 is poised to continue its record-breaking pace well into 2008, say industry experts, thanks to healthy job growth and a strong economic cycle.

As the 18th-largest and fastest-growing city in America, Fort Worth continues to expand in virtually every market sector. Major developments throughout the city and across Tarrant County are drawing new patrons — both Texas-based and out-of-area investors — to the office, industrial, retail, hospitality and residential arenas, signaling a robust growth stage for the entire area.

High-profile projects — such as downtown’s 280,000-square-foot, Class A Carnegie Building and the 606-room Omni Fort Worth Hotel adjacent to the recently renovated Convention Center, the 320,000-square-foot River Plaza mixed-use development nestled alongside the Trinity River in the University district and the 500-acre Alliance Town Center north of downtown — have bolstered Fort Worth as a world-class city.