Saturday, October 23, 2021
82.8 F
Fort Worth

Kemp & Sons mixed-use project in Near Southside gets TIF funding

🕐 1 min read

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.”

Related Articles

Our Digital Sponsors

Latest Articles

Texas Rangers
Fort Worth Business Press Logo
This advertisement will close in
00
Months
00
Days
00
Hours
00
Minutes
00
Seconds
seconds..
Click here to continue to Fort Worth Business Press

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate