Enhancing Fort Worth's Commercial Real Estate Development Landscape
The Real Estate Council of Greater Fort Worth (REC of GFW) held its first Forum with the City Manager, Assistant City Managers, and Department Directors on July 21, 2023, marking a significant step in the collaboration between city officials and real estate professionals. This forum was a response to one of REC of GFW's ten recommendations, reflecting the City's commitment to improving the development process in Fort Worth. The meeting provided a platform for members of city staff and the real estate community to discuss crucial issues pertaining to Pre-Platting, IPRC (Infrastructure and Public Rights-of-Way Committee), Contract Review, and Grading Permits. The participants exchanged valuable insights and ideas, and it was agreed that the City Staff would conduct best practice workshops to enhance these aspects further.
Fort Worth's real estate community and the City have already demonstrated their commitment to progress by achieving a significant milestone in cutting down building permit timelines by two-thirds.
Building on the success of the first Forum, the Real Estate Council of Greater Fort Worth and the City plan to hold their second forum in January. Fort Worth's real estate community and the City have already demonstrated their commitment to progress by achieving a significant milestone in cutting down building permit timelines by two-thirds. This accomplishment reflects the positive outcomes achieved when the public and private sectors work collaboratively. The focus now shifts to addressing remaining issues that impact the pre-permit stages, such as supporting utility, traffic, drainage studies, and IPRC reviews that support the platting entitlement process. The upcoming forum will delve into other critical issues affecting the real estate landscape, seeking innovative solutions to promote sustained growth and development in the region.
Notes from this meeting can be downloaded here -