Bob on Business: Who is the ‘mystery’ tenant at Clearfork? - Fort Worth Report

The Edwards Ranch and Clearfork Development

The cattle — to say nothing of the cowhands — that once roamed the 7,000-acre Edwards Ranch in southwest Fort Worth would be bewildered by the current developments at Clearfork. Cassco Development Co., the heir to the ranch's legacy, has unveiled plans for a significant office project.

The Trailhead Office will encompass 217,477 square feet, consisting of two buildings at the corner of Clearfork Main Street and Edwards Ranch Road. Completion is anticipated in Q4 2028, with an anchor tenant already securing approximately 131,000 square feet, indicating a 60% lease rate. The tenant's identity remains under wraps, but renderings suggest a resemblance to Higginbotham, the local insurance and financial services giant.

Designed by Tryba Architects, the project will feature ground-floor retail, a covered plaza, and outdoor gathering spaces. It will also include amenities like bicycle storage and a fitness center.

"This development reflects a long-term vision that propels Fort Worth forward," said Colt McCoy of HPI, as quoted in a news release.

Industrial Park Expansion

In another major development, Trammell Crow Company has broken ground on Phase IV of 35 Eagle, a multiphase industrial park in northeast Fort Worth. This phase, spanning 755,793 square feet across three buildings, is scheduled for completion in summer 2027. Fifth Third Bank and American National Bank provided the construction financing.

Located on 58 acres near I-35 West and Eagle Parkway, Phase IV continues the success of the 35 Eagle project, which has already delivered over 5.4 million square feet of industrial space since 2013.

"35 Eagle has solidified its position as a premier logistics hub within the Alliance submarket," said Coley Kellogg of Trammell Crow, emphasizing the project's impact on local employment.

NIH Grant for Ospin Biotherapeutics

Lastly, Ospin Biotherapeutics, based in Bedford, has received a grant from the National Institutes of Health (NIH) for its research endeavors.

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