A major building in the Cultural District originally designed by a legendary Fort Worth architect is being upgraded and expanded.
JLL announced March 20 the firm has been retained as the exclusive leasing partner for 300 Bailey and 464 Bailey located in the Cultural District of Fort Worth.
JLL’s Matt Montague and Alec Whitman are leading the marketing and leasing efforts for both properties on behalf of ownership group, Mereken Land & Production Co.
The firm also announced redevelopment plans for 464 Bailey today, which was originally designed by legendary Fort Worth architect Preston Geren and built by Byrne Construction in 1954.The renovation project will transform the property into a Class A boutique office. In addition to upgrades and renovations, including onsite shower facilities for tenants and the addition of a second-floor terrace with views of downtown Fort Worth and the West 7th corridor, the property will also undergo significant expansion nearly doubling the footprint from 12,000 square feet to 22,000 square feet of office space.
“We’ve seen increased demand for quality office space across Fort Worth from established companies experiencing organic growth and new firms entering the market,” said Montague. “Mereken Land & Production is repositioning these assets to meet that demand, and we are excited for the additions and upgrades which will position these office properties for long-term success among the city’s best-in-class.”