Panther Island/Central City Project Underway and Will Be Worth the Wait
Much ado is being made about the Panther Island/Central City project, and for good reason.
Phase 1 is underway, and all lights are green for Panther Island to become what many people have long dreamt about: a mixed-use project that will provide a place where thousands of people can call home, children can play and learn, and families can enjoy activities on the island and along the Trinity River. New businesses will serve residents and visitors while providing an abundance of job opportunities. This project truly has something for everyone.
So far, over 300,000 cubic yards of contaminated soil have been removed, and the remediation efforts have treated and pumped over 44 million gallons of water. These cleanup efforts are essential to getting the project up to residential standards and creating a bypass channel. Three new bridges will connect the nearly 800-acres of Panther Island with neighboring communities, including downtown Fort Worth.
What to Expect
There’s a lot to look forward to on Panther Island after the completion of Phase 1. It is envisioned that there will be:
- 10,000 housing units
- 3 million square feet of commercial, retail, and educational space
- A park system
- An efficient traffic scheme including three roundabouts
- A Riverwalk
- A fixed transit line
Phase 1 is part of the City of Fort Worth’s Comprehensive Plan making Panther Island a vibrant urban waterfront district adjacent to downtown Fort Worth. Being pedestrian-friendly will be relished by residents and visitors alike and will help alleviate traffic congestion on the island.
Phase 2 will generate more excitement by adding a promenade, town lake and marina, a houseboat district, and signature pedestrian bridges.
The Central City portion of the project is being executed by the United States Army Corps of Engineers and will provide needed flood protection. A section of the Trinity River is being re-routed to avoid an estimated $2.4 billion in potential damages to over 2,400 acres of established Fort Worth neighborhoods.
Ask David Pannell
If you have questions about the project or are interested in living near Panther Island, contact David Pannell at Cities Real Estate at (817) 797-9047 today. He’s a realtor you can trust, having been a City of Arlington police officer and a United States Marine.
Opportunities abound for those who want to enjoy the Fort Worth lifestyle. Tell David what you’re looking for; he can find it, skillfully negotiate the price, and have you in your new home before you know it.
NTREIS data last updated July 7, 2022.