46 F
Fort Worth
Sunday, November 29, 2020
Real Estate Civitas Senior Living chooses Fort Worth as permanent headquarters

Civitas Senior Living chooses Fort Worth as permanent headquarters

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

Civitas Senior Living, the second-largest Texas-based senior living operator, has purchased a building in Fort Worth’s Upper West Side to serve as its permanent corporate headquarters. Currently, the company leases a suite in the 777 Main building in Downtown Fort Worth.

Civitas’ new headquarters will be located at Lexington Place at 930 West First St. The purchase was completed in early March of this year. Civitas will occupy approximately 15,000 square feet of the third and fourth floors while maintaining tenants for the first two, the company said in a news release.

Whitebox Real Estate represented Civitas.

Civitas Senior Living has grown quickly and substantially over the past couple of years,” said Founder and CEO of Civitas Wayne Powell. “Now is the perfect time to put down roots and define ourselves within a more permanent space.”

In seven years, Civitas Senior Living has grown from a small company with five founders and one senior living community to the second-largest Texas-based senior living operator, the company said.

Civitas now employs more than 2,000 employees and has more than 60 communities across seven states, with 40 of those already operational and the other 21 in development. The new location will serve as a permanent headquarters for Civitas’ 72 corporate employees.

Civitas partly owes its rapid growth to its location in the heart of Fort Worth, recently named the sixth-fastest growing large city in the U.S. by WalletHub.

“Fort Worth excels at recruiting and retaining companies,” said Cooper Vittitow, president of Civitas Senior Living. “By keeping our headquarters here, we will continue to be able to recruit the kind of talented, passionate workforce we need as well as take advantage of the business-friendly environment that has helped us grow.”

The company said it looked at a variety of places around Tarrant and Johnson Counties, including Euless, Burleson, and Alvarado.

“As a company, we had to put our specific building needs for a permanent headquarters first, which led to a search all over the Greater Fort Worth area just to find the right space,” Vittitow said. “However, we are a proud Fort Worth company, and we have loved the central location and convenience that 777 Main has provided. We were thrilled to find the perfect building right up the street.”

He said the company “couldn’t be more excited and proud to be Fort Worth’s newest business retention success story, and we look forward to contributing even more to this great city.”

The company is scheduled to open its new headquarters this fall. The architect studio for the project is 97w of Fort Worth.



Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Jacobs Engineering: Fiscal 4Q Earnings Snapshot

DALLAS (AP) _ Jacobs Engineering Group Inc. (J) on Tuesday reported fiscal fourth-quarter net income of $82 million.On a per-share basis, the Dallas-based company...

Arlington firm designing new hotel in Las Colinas

Arlington-based Type Six Design & Development has announced the firm has received zoning approval from the City of Irving for a new six-story Hotel...

Virus playing part in booming ranch sales in US West

BILLINGS, Mont. (AP) — The coronavirus is one of the likely factors fueling a boom in large ranch sales in the U.S. West, real...

Wood Partners plans 322-unit apartment in Grand Prairie

Wood Partners has recently closed on a new property on S. Forum Drive in Grand Prairie in the Highway 161 corridor. Once complete, the new community...

Existing home sales up 4.3% in October, fifth monthly gain

By KEN SWEET AP Business Writer Sales of existing homes rose for a fifth straight month in October, reaching a level not seen since before...