This document provides an overview and history of Sundance Square in Fort Worth, Texas. It describes how Sundance Square transformed over 40 blocks of the central business district through a public-private partnership beginning in the late 1970s. The development established core values of urban planning, pedestrian scale, and organic growth. It now includes over 2.9 million square feet of retail, office, residential, and parking space. Images show the area before and after redevelopment, illustrating how Sundance Square revitalized the formerly vacant and underutilized downtown area.
9. Public/Private Partnership
Sundance Square’s Evolution
Public and Private Accomplishments
EARLY 80s
EARLY 90s
LATE 90s
• Sundance Square
• Worthington
• City Center
• Sundance West
Residential
Movies
Retail
• Sundance East
Retail
Movies
Offices
UDAG
UMTA
Tax Abatement
TIF
21. Overview
• +/- 40 blocks of CBD, mixed-use real estate
• Central location viewed as the “Prestigious Address” in Fort Worth
• Planned and managed as a single mixed-use development
• Core values in:
urban planning, pedestrian scale and rhythm, authenticity and organic growth
• Retail, Office, Residential and Parking
• Location and land portfolio is a barrier to Entry
22. Overview
• 2.9 million sf of GLA
• 330,000 sf of retail
• 2.3 million sf of office
• 78,000 sf or 118 Residential units
• 6,000 parking spaces
• Largest property tax payer in Tarrant County
23. Overview
• Retail – 97%
• Office – 93.2%
• Residential – 91%
• New Development:
• 2002 Sanguinet Building
• 2009 The Carnegie
Occupancy
24. Sundance Square
History
• Began in the late 70’s
• Philanthropic interest at first
• Public and Private Partnership
• Vision and interest in the city
• Architect / Planner relationship