Dart Interests has acquired Fort Worth’s Central Library for $18 million. The library, which was closed in May due to a steady decline in visits, spans three floors and totals 250,000 square feet. Dart Interests plans to demolish the building and redevelop the site into a mixed-use development. Christopher Kelsey of Dart commented that they are looking forward to working with the city’s downtown residents and workforce “to bring to life a development that gives more people the opportunity to live, work, play, and experience all that Fort Worth has to offer.”
A JLL team led by Todd Burnette and David Berzina oversaw sale of property on behalf of city officials. Berzina noted potential for big changes as redevelopment could include 20-story buildings adding signature appeal Ft. Worth’s skyline while ushering in fresh opportunities for growth within area .
