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Ft. Worth Cultural District Redevelopment is Already 50% Leased

Soon to be redeveloped as class-A boutique office, 464 Bailey Ave., the largest office project in the area since the 130,000-square-foot Regions Bank Building was constructed in 2016, is already 50% preleased.

464 Bailey Ave. 464 Bailey Ave. is one of the last opportunities to lease a 10,000-square-foot office.

FORT WORTH—Soon to be redeveloped as a class-A boutique office, 464 Bailey Ave. is the largest office project in the area since the 130,000-square-foot Regions Bank Building was constructed in 2016. 464 Bailey was originally designed by Fort Worth architect Preston Geren and built by Byrne Construction in 1954.

There will be an emphasis on keeping the mid-century aesthetic and original building materials, with a blend of the old and new. In addition to upgrades and renovations including onsite shower facilities and a second-floor terrace, the property will also undergo significant expansion, nearly doubling the footprint from 12,000 square feet to 22,000 square feet of office space.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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