City sells land along Vickery Boulevard for planned development

Published on October 25, 2022

CITY NEWS vickery village project.jpg

The City Council voted Tuesday to sell Fort Worth’s Trademark Property Co. a 0.44-acre tract the City owns at Vickery Boulevard and Hemphill Street for a planned residential development.

Trademark’s Vickery Village Development LLC wants to build about 235 apartments, several townhomes, a restaurant and some parks on the north side of Vickery, between Hemphill and Adams streets.

The City will place the $225,000 in sale proceeds in escrow. Later, the money will be granted to the developer after certain criteria are met, including spending at least $40 million on the project and completing it by Dec. 31, 2026.

In August, the Tax Increment Finance 4 board agreed to commit $3.3 million toward street, streetscape and public improvements at the site.



Photo: The City-owned land at 700 W. Vickery Blvd. is shown in purple; the privately owned land at 800 W. Vickery is in blue.



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