Have you seen all the homes for rent in the Fort Worth area lately? Searching “homes for rent” classifieds takes a long, long time. Seriously, the area is smokin’ hot right now, and that economic fact must have business owners salivating. Check out the latest demographics in a three-mile region surrounding the Alliance commercial real estate area of North Fort Worth:
- Average household income . . . $100,849
- Total population . . . 47,417
- Households . . . 14,609
And that’s in a three-mile radius! That doesn’t take into account Denton, Flower Mound, Roanoke, Westlake, Northlake, Keller, North Richland Hills, Watauga, Melody Hills, or Grapevine.
Stated another way, North Fort Worth is one of the steadiest and fastest-growing area in the State of Texas, and North Texas is one of the fastest growing areas in the United States.
So developers have noticed, and they are building homes, and those homes are for rent, and then rented, and more people encourages more businesses into the area (new IKEA and Tanger Outlet Mall), and the lovely wheel of commerce goes round and round and round. Commercial real estate for rent is almost as plentiful as homes for rent.
We reached out to an expert in the economic health of North Fort Worth, Ron Sturgeon, local entrepreneur and really somewhat of a commercial legend in the area, and asked him what he thought about the economic future of Fort Worth.
“I would be concerned if the area showed no signs of diversifying, but that’s not the case in Fort Worth,” Sturgeon told us. “This is not just an oil area, as many people think when someone mentions Texas. We have artisans and small businesses. We have technologies and national chains. The weather is fantastic, the local government is welcoming, and it all adds up to continued growth. I’m just starting a new commercial project of my own, so I must feel pretty good about it all.”
Ah, yes, Sturgeon’s new project!
Box Office Warehouse Suites opens in September, 2017, and it is the first, and only, business park constructed entirely by shipping containers.
That’s right, shipping containers! Sturgeon calls it “the shipping container revolution.”
“Why not?” Sturgeon asked us when we showed our surprise. “They are eco-friendly, inexpensive, flexible in design . . . in other words, they are perfect for a small business with a tight budget.”
Box Office Warehouse Suites is 38-units made from 100 shipping containers, and once you step inside one of the units you’ll know that Sturgeon just might be onto something. The plush interiors are more indicative of an office on Madison Avenue in New York. The conveniences and amenities are like something out of the 22nd Century. They are funky, quirky, individualistic, and seriously cool, and their location is the stuff of dreams for any businessperson, right off the Golden Triangle Exit of Interstate 35, minutes from the Alliance Airport, fifteen miles from DFW International. Stand in the parking lot of Box Office Warehouse Suites and gaze in any direction. What you will see is growth. What you will see is a snapshot of a successful area becoming more successful.
Box Office Warehouse Suites . . . commercial property for rent with an attitude!