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City Profile

facilities throughout downtown Fort Worth. The city joined this partnership in 1995 with the creation of the
Downtown Tax Increment Financing District to provide public infrastructure to support the private investment within
this development.

The Fort Worth Convention Center is located in the heart of Downtown Fort Worth and is surrounded by hotels,
restaurants, shopping and nightlife. According to Visit Fort Worth in 2021 the Fort Worth Convention Center hosted
47 International, National, and State Conventions that produced 114,522 room nights for various hotels and
generated $142,128,638 in economic impact for the city. The total number of events held in the building was 125
with an 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 which generate over $75 million in annual economic impact. 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. With the opening of the 14,000-seat
Dickies Arena in late 2019, Fort Worth is now home to a state-of-the-art entertainment facility capable of hosting
large concerts, athletic events, and equestrian competitions.

CITY DEVELOPMENTS
Fort Worth continues to grow in all varieties of development, spurred by population and employment growth as
part of the Dallas-Fort Worth Metropolitan Area. Notably, large clusters of commercial development focused on
manufacturing, distribution, and warehousing are being developed near state and interstate highways. The
Alliance Texas development in far north Fort Worth continued to grow and add people, businesses, and homes.
The Northwest Commerce Park broke ground in 2019, adding three large building footprints that can
accommodate a wide range of users. The newly built Speedway Logistics Crossing, located nearby, will add
additional warehousing capacity. The Northlink Logistics Center and Elizabeth Creek Gateway Buildings, focused
on distribution, were also completed.

South of Alliance, along Interstate 35, over 600,000 square feet of warehousing was added at North Quarter 35.
Closer to Meacham International Airport and Loop 820, Mark IV constructed three buildings designated for
manufacturing. Carter Logistics and Carter Distribution constructed seven buildings at the intersection of
Interstate 20 and Interstate 35. Over 1,600,000 square feet of warehousing has begun leasing in 2021.

The Facebook data center campus, also located in the Alliance Texas area, began work on its final phase. Several
data centers are under construction as Fort Worth grows its presence in the data innovation sector. Medical
innovation is also on the rise, as the Medical Innovation District, south of Downtown, also grows with the
expansion of Cook Children’s Medical Center. Further growth in this district is anticipated with the announcement
of the TEX Rail expansion to the proposed Medical District station, which will spur further investment.

Downtown Fort Worth also saw its share of development, including two hotels. The newly constructed Avid Hotel
located in north Downtown adds approximately 100 rooms in close proximity to Panther Island and Sundance
Square. Construction is expected to be completed in summer 2022. The historic W.T. Waggoner building will be
retrofitted from office space to 240 Sandman Signature hotel rooms in the heart of downtown. Owners of the

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