Page 557 - Fort Worth City Budget 2019

City Profile

The total number of events held in the building was 125 with attendance of 767,356. The Will Rogers Memorial
Center, located two miles west of downtown in the Cultural District, draws 2.4 million visitors per year from all 50
U.S. states, Canada, Mexico and many other countries and plays host to some of the top international equestrian
competitions. This 135-acre event facility was recently named the 2018 Facility of the Year by the League of
Agricultural & Equine Centers and one of the 8 Best Equestrian Facilities in America by the Sports Planning Guide
and continues to expand with construction of the new Dickies Arena, due to open in late 2019.

CITY DEVELOPMENTS

The Alliance Texas development in far north Fort Worth continued its growth by adding more than 2,400 jobs over
the past 12 months, one of its largest increases since the recession. Employment at the 18,000-acres development,
which includes the Alliance Global Logistics Hub, almost 8,000 homes with 6,000 lots under development, and
hundreds of retailers, topped 48,880 in 2017.

Walsh is a 7,267-acre development that will eventually feature as many as 15,000 homes. The first phase opened in
April 2017 with an anticipated 587 homes across 1,700 acres. Walsh Elementary, a two-story, 100,000 square foot
campus on 14 acres, opened in fall 2017. The development is anticipated to have a build-out cost of $1.6 Billion over
12 to 15 years.

Likewise, Rock Creek Ranch continued with development on their 1,755 acres in southwest Fort Worth off the
Chisholm Trail Parkway. The development will include commercial, mixed use and residential, as well as a new 80-
acre campus for Tarleton State University. The campus is anticipated to open in January 2019 and is expected to
have 2,500 students.

Dickies Arena, which is scheduled to open November 2019, is under construction on the Will Rogers Memorial Center
campus. The arena will attract a wide variety of high-quality entertainment options to the Fort Worth area including
concerts, sporting events and family shows, as well as host the month-long Fort Worth Stock Show and Rodeo. In
addition to exciting entertainment and sporting events, Dickies Arena will have the capacity to accommodate
conventions, exhibit events, business meetings and private receptions with flexible meeting and event spaces
ranging in size from 685 square feet to 91,315 square feet.

Encore Multifamily, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc., is officially under contract to break
ground on the first private development on Panther Island. The thoughtfully designed 233,198 square-foot multi-
family community will feature creative solutions to connect the streetscape to the Riverwalk environment planned
for the district. Residents will be able to enjoy exceptional amenities including waterfront balconies, an infinity pool
with cascading waterfalls, a state-of-the-art fitness facility and a top floor lounge that will feature the most dynamic
views of downtown. Located at the intersection of 4th Street and North Main Street, residents at the 300-unit
community will be walking distance to Panther Island Brewing, Coyote Drive-In and Panther Island Pavilion.

Fort Worth Heritage Development, LLC will construct a mixed-use redevelopment and new development project
located in the historic Fort Worth Stockyards. The project will comprise approximately one million square feet of

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