The Fossil Creek Land Disposition is zoned for residential, office, warehouse, hotel and retail use.
FOR IMMEDIATE RELEASE / PRURGENT
NAI Robert Lynn announced the near completion of the disposition of 160 acres on behalf of Hunt Realty Investments’ 1,150-acre development known as Fossil Creek. Located at the northeast corner of I-35 and 820 in Fort Worth, the Fossil Creek land disposition is comprised of multiple tracts of land that are mixed use for residential, retail, commercial, office and industrial uses. Todd Hubbard, Jon McDaniel and Bobby Montgomery of NAI Robert Lynn brokered the multiple sales on behalf of Hunt Realty Investments.
"The multitude and variety of land acquisitions is a testament to the explosive urban development in north Fort Worth,” said Hubbard, president of Fort Worth for NAI Robert Lynn. “Fossil Creek was one of the first master planned developments in this area. The location speaks for itself, but the improvement of the highway infrastructure and the explosive growth toward Alliance has made this an outstanding infill opportunity for residential, industrial, office and hotel development to support the transformation we have witnessed in recent years.”
NAI Robert Lynn brokered the land dispositions of the Fossil Creek development for a period of three years working with Hunt Realty Investments. There were 10 separate sales which resulted in a large residential development, several headquarter relocations, hotel sites, and five Class-A industrial sites. The industrial sites include two distribution centers with three more on the way. Only six acres of the original 160 acres remain for sale.
“We are pleased to work with NAI Robert Lynn on the successful dispositions within the Fossil Creek development, and we look forward to continuing our partnership on future transactions,” said Todd Watson, senior vice president of Hunt Realty Investments. “Hunt began acquiring the land that is now known as Fossil Creek roughly 30 years ago. Today, Fossil Creek is home to a number of corporate citizens including Bank of America, Coca-Cola Bottling Company, State Farm and Haggar Clothing.”