O FFICE O VERVIEW
Figure 33: Office Inventory by Class, Study Area, 2023
With only 2.2 million square feet of space, the study area does not represent a major office market in Fort Worth or the larger region. At the regional level, larger corporate tenants are primarily interested in Class A office space, which contains a high level of finish, modern floor plates, and nearby amenities such as vibrant mixed-use residential and retail offerings and multimodal connectivity. Most of this space is on a local level located in Downtown Fort Worth, but none is present in the Eastside, see Figure 33. While demand for office space in the study area is expected to be limited in the short- to mid-term, the area
Class A
Class C, 44%
Class B, 56%
could reinvigorate its market through the development of successful catalytic mixed-use nodes. Feasibility of new TOD-supportive office development is dependent on achieving higher rent levels, which are notably lower than averages demonstrated by greater Fort Worth. Key Takeaways Enhanced mobility options in the study area will benefit residents living in surrounding neighborhoods who are commuting to nearby jobs. Retail should be considered a high opportunity land use to support future development around transit on the Eastside. None of the existing office inventory in the study area is Class A space and there has been little new investment in recent years. From an office perspective, catalytic sites would likely start on the western side of the study area, capitalizing off momentum in Downtown and leveraging enhanced mobility options.
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FORT WORTH EASTSIDE TRANSPORTATION PLAN
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