The Southside Tax Increment Funding (TIF) board granted $170,000 to a mixed-use development that shares the same name as Fort Worth’s area code – “The 817.”
Aptly located at 817 East Broadway Ave., The 817 will become the corporate office of janitorial services company Kemp & Sons General Services, Inc., which is developing the project. The development will also have warehouse space and two residential lofts, as well as a separate building that will be used as an events center. Office space will take up 6,042 square feet, the two residential lofts will be 1,657 square feet each and the event center will be 3,598 square feet, with the capacity to hold between 125-150 patrons.
“This is going to be an absolute catalyst,” said Paul Paine, president of Near Southside, Inc. “I think it’s a great proposal.”
Kemp & Sons plans to invest nearly $2 million on the project, with Fort Worth’s 97w serving as architect. Construction is expected to begin this fall and finish by Dec. 31, 2018.
“I grew up a block and a half from that site at 1018 East Broadway,” TIF board member and Tarrant County Commissioner Roy C. Brooks said. “That neighborhood is very much in need of redevelopment.”