Have you noticed all the condos for rent in Grapevine lately? For that matter, have you noticed the condos, apartments, and townhomes for rent in not only Grapevine but Southlake, Fort Worth, Watauga, and Denton?
If these were “existing condos” up for rent it might be cause for concern . . . too many people moving out of the area . . . but these are new condos, apartments, and townhomes, recently built, and that signifies new construction based on healthy economic forecasts, and that is good news for the entire economy of Fort Worth.
It’s just another sign, and confirmation, of what we already knew, or at least senses. The North Fort Worth area is one of the healthiest in the nation, one of the fastest growing, and it shows no sign of letting up anytime soon. This is, of course, great news for the tax base, great news for retailers, wholesalers, service-providers, and developers. Speaking of which, not only are we seeing an increase in the number of condos for rent, but we are also seeing an increase in the number of new offices for rent, new warehouses, and new flex spaces. One pops up and a new one follows in its footprints, and the “for lease” signs do not stay up for long.
To confirm our suppositions we went to one of the leading developers in the Fort Worth area, Mister Ron Sturgeon, serial entrepreneur and developer. Mister Sturgeon owns and manages over one-million square feet of small, multi-use commercial real estate for rent in the Fort Worth area, so he must know a little something about the growth of the area. We asked Ron what he thinks about the health of the Fort Worth area.
“All indicators are positive,” he told us. “Businesses love the positive and welcoming atmosphere of North Fort Worth. They love the acceptance, the helpful zoning laws, and the fair tax base. Unlike many cities across this great country, Fort Worth seems to understand that there is a marriage between the community and business. One does not exist without the other, and it’s been that way for over two-hundred years in this country. I believe in Fort Worth and I plan on continuing to do my thing here for a great many years.”
Ah, yes, Ron’s “thing!”
Sturgeon’s latest “thing” is called Box Office Warehouse Suites and it is the first, and only, business park constructed entirely from shipping containers. The containers come from Container King of Denton, Texas. The park was designed by Hue Architecture of New Jersey. The concept is unique to the North Fort Worth area, inexpensive commercial space, eco-friendly, with all the comforts and amenities of home. It is located at 1953 Golden Heights Road, just off the Golden Triangle Exit of Interstate 35, in the heart of the booming Alliance commercial real estate area, and when it opens its doors for business in September, 2017, it promises to be a pioneer in commercial real estate.
For more information about Sturgeon’s latest project, call leasing agent at Box Office Warehouse Suites at (817) 903-9438. Commercial property for rent with an attitude, that’s what Sturgeon calls it, and we have to agree with him.
