It probably comes as no surprise to residents of Fort Worth that it is growing. What may surprise them is the tremendous amount of growth that is expected over the next 20+ years.
After experiencing explosive growth in the early 2000s, Fort Worth is set to expand even more. At the periphery of this great city are the beginnings of master planned communities such as Walsh Ranch. Slated to be the largest master planned community in the United States, this proposed area will encompass a staggering 7,275 acres. Hoping to draw nearly 50,000 people in the residential portion, the plan also calls for more than 1,000 acres of multiple use development, retail and business, as well as two middle schools and eight elementary schools. Other developments west and south of Fort Worth are in the conceptual design phase.
Development of Fort Worth is not limited to empty spaces. Urban ‘villages’ are also being established by the addition of urban parks, as well as the increasing residential popularity of the West Seventh and south side areas of the city. In all, projected population growth is expected to take Fort Worth’s total to over 1 million people.
The advantage to Fort Worth property investors is obvious. Buy, buy, buy while you can take advantage of this growth. Whether it’s in the trendy central city, the brand new master planned community, or the properties that will become available as people migrate, investing with the amount of growth taking place in our fair city is a win for everyone.