Exclusive: $100M retail project headed to Fort WorthExclusive: $100M retail project headed to Fort Worthhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=9012015-05-27T11:41:00Z2015-05-27T11:00:00Z

FORT WORTH - An Irving-based developer plans to begin work on a $100 million retail-anchored development after snapping up 22 acres of land in the growing north Fort Worth market.

The development firm, Victory Real Estate Group, plans to bring hundreds of thousands of square feet to the region at Heritage Trace Parkway and I-35W, stated Tony Ramji, the firm's president and CEO.

"We are talking to two 100,000-sf-plus users for that site," Ramji said. "We have potentially three junior box retailers and intend to have about 70,000 sf of retail with some medical center.”

Ramji is scheduled to close on the acreage by mid-June.

The growth of residential homes along the I-35W corridor in north Fort Worth will help support the new retail development, including Hillwood Communities' $1 billion, 1,150-acre master-planned development called Harvest.

DFW Market Research, DFW Retail NewsTalk

Dallas Business Journal
Dallas-Fort Worth-Arlington
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