FORT WORTH— Weitzman has been named leasing agent for the retail space in the landmark City Place Center, located at 150 Throckmorton Street in downtown Fort Worth. The iconic mixed-use project features high-rise office space and a total of 36,603 square feet of street-level retail space in three buildings in a pedestrian-friendly setting.
Weitzman’s Gretchen Miller and Giovanni Scardino handle leasing for the mixed-use project’s retail space.
City Place Center is a modern, Class A mixed-use destination and one of the most prominent properties in Fort Worth’s bustling Central Business District. The landmark property, which benefits from a complete renovation that increased visibility and walkability through open courtyards and more greenspace, is located along Throckmorton Street between Houston Street and Taylor Street.
City Place Center benefits from its location in the midst of the famed Sundance Square historic retail, commercial, hospitality and residential district that anchors the majority of activity in Fort Worth’s CBD. The City Place Center retail is in the midst of a heavily trafficked retail and restaurant cluster that includes Chop House Burgers, Tejas de Brazil steakhouse, Rooftop Cinema Club, Reata, Red Goose Saloon, The UPS Store and more. Hotels in the immediate area include The Worthington Renaissance Fort Worth and Aloft Fort Worth Downtown.
The residential and commercial density of the trade area served by City Place Center can be seen in its demographics. Within a tight one-mile radius of the project, the population totals 11,678 in 4,655 households with an average household income of $123,458. The daytime population within the one-mile radius jumps to 52,485, of which 48,157 are workers. With a three-mile radius of the project, the population totals 90,273 in 35,130 households with an average household income of $96,233. The daytime population within the three-mile radius jumps to 184,603, of which 136,408 are workers.
Daytime populations are key to driving traffic throughout the day.
The leasing team is targeting a mix of quick-serve and casual restaurants, services and health and beauty uses as it markets the landmark retail destination, which includes white-boxed traditional retail spaces and second-generation salon and restaurant spaces.