Panther Island Pavilion - Fort Worth, TX - Yelp Get email updates from the City of Fort Worth on the topics you want. You have to credit Fort Worth Report. Development on Panther Island continues, with or without flood control. While advocating for Central City to receive funding in Washington, she also called for the project to be scaled back and audited in 2018. Spring Break. by Rachel Behrndt and Emily Wolf, Fort Worth Report April 24, 2022, This article first appeared on Fort Worth Report and is republished here under a Creative Commons license.
, Rachel Behrndt is a government accountability reporter for the Fort Worth Report in collaboration with KERA. #email { It is common for employees of governmental organizations and engineering firms to form familiar or personal relationships, he added. Since then, the integrated pipeline project alone has netted the company $8.2 million. In addition to its corporation, Freese and Nichols also operates a separate political action committee, which collects donations from the companys employees. The timing of this legacy transaction continues the momentum building on the Island over the last eighteen months, LanCarte said in a statement. We've recently sent you an authentication link. North Central Texas Council of Governments, Creative Commons Attribution-NoDerivatives 4.0 International License, Got a story tip? A spokeswoman for U.S. Rep. Kay Granger did not respond to interview requests. Sign up today and get factual, opinion-free Fort Worth-area news from Tarrants independent, nonprofit community newsroom. In 2016, Congress passed legislation authorizing up to $526 million for Panther Island, but the funds were never officially allocated through a separate spending bill. I really believe that.. The republication tool generates the appropriate html code. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to email a link to a friend (Opens in new window), The Clear Fork of the Trinity River west of downtown Fort Worth before it meets the West Fork of the Trinity north of downtown. In his own statement, Veasey gave credit to the Biden administration for securing funding for the project. FORT WORTH, Texas The U.S. Army Corps of Engineers could begin digging the bypass channel that will form Panther Island as early as the end of 2024, Tarrant Regional Water District. Austin developer buys 26 acres on Panther Island - Fort Worth Business Granger, who once dreamed of running for district attorney, soon found himself at the center of a generation-defining flood control project one that continues to loom large in the minds of Fort Worthians two decades after its public introduction in 2003. Speculation swirls about the abandoned Fort Worth ballpark, Changes coming to Panther Island festivals following late-night noise complaints, Amazons Top-Selling Tap Water Filter Is One of the Best Purchases Shoppers Have Ever Made, Las Vegas Strip Brings Back Iconic Superstar Headliner Residency, Wall Street Analyst Admits We Were Wrong, Two Tesla Rivals Are Teaming Up in a Key Race to Solve a Major Pain Point, Where High Mortgage Rates Cost Homebuyers the Most, What Is a Benchmark in Investing? Im really grateful that I made the ask. Panther Island Boat Tours, Fort Worth - Having Fun in the Texas Sun With new funding and leadership, the project is entering a new phase or, at least, leaders hope it is. You cant edit our stories, except to reflect relative changes in time, location and editorial style. Thats what we want to see in anybody that we support.. Enter the code you received via email to sign in, or sign in using a password. To facilitate this, a request for proposals has been issued seeking national real estate development experts to consult on ways that Panther Island can best reach its full economic potential. Seco Ventures purchased approximately 26 acres from private investment firm Panther Acquisition Partners Ltd., according to an announcement from Sarah LanCarte of LanCarte Commercial, who represented the seller, along with Daniel Shelley and Darren Cain. .connected button { Government agencies and business groups have tasked consultant HR&A Advisors with creating a new strategy to develop the island. For commercial licensing, please email hello@fortworthreport.org. The Panther Island project will see the U.S. Army Corps of Engineers dig a 1.5-mile channel to connect the ends of a U-shaped bend in the Trinity River, between downtown Fort Worth and the Stockyards. We build teams based on qualifications and experience, so if Mark was the most qualified, then he wouldve been on the team, Coltharp, the firms CEO, said. By late 2021, Panther Island was drawn out of Kay Grangers congressional district and into that of U.S. Rep. Marc Veasey, D-Fort Worth. Development on Panther Island continues, with or without flood control Locally raised funds will go toward new roads, sewage and storm water lines, among other work necessary to complete the island. Morris, the transportation director, said he looks forward to enjoying the rewards resulting from years of hard work on making Panther Island a reality. This moment is an opportunity to re-instill transparency and understanding in the project, Parker said. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. And you need to sequester yourself from any of those types of evaluations.. All project partners knew what they were getting when the Trinity River Vision Authority hired him to be the public face of Central City and Panther Island, J.D. Panther Island's total cost is estimated at $1.16 billion, with the water district, the city of Fort Worth, the Texas Department of Transportation and a tax increment financing zone expected to cover the rest of the bills. I wanted to bring live music, I wanted to make people appreciate the river, I wanted to create something that makes people want to live here. Our stories may appear on pages with ads, but not ads specifically sold against our stories. background-color: rgb(255 255 255 / 15%); The company has led the development of several projects in Austin with a focus on office, retail, apartment and industrial development. It was traumatic, Price, who was born later that year, said. .connected { Get to know your community better with our free newsletters. The Wednesday announcement caused him to reflect on years of criticism directed at Panther Island. This transaction allows us to partially exit the investment while maintaining a significant ownership stake alongside our partners. The companys ties with the water district dont stop at frequent contracts. I would love to sit out on the banks of the river with a cold beer and watch a couple high school bands come by and see Kay Granger and Veasey in a car waving at everybody, Morris said. Seco Ventures, a commercial real estate development and investment firm in Austin, acquired the portfolio asset. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. An account was already registered with this email. I told all the officials who helped create the project, I will take all of the heat for it and I did, he said. In 2014, the Texas Department of Transportation broke ground on three bridges that would carry drivers over the bypass channel once it was built. Touring Panther Island's first waterfront luxury apartments. It is foundational to the rest.. text-decoration: underline; This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. Panther Island - Fort Worth Report THE PATH OF PANTHER ISLAND The decade-spanning flood control project known as both Panther Island and the Central City Flood Project has the potential to radically reimagine 800 acres of open land north of Fort Worth's downtown. Please check your inbox for an authentication link. He was tapped in 2006 to lead the Trinity River Vision Authority, which fell under the authority of the Tarrant Regional Water District. Thank you for registering! They should have those kinds of written policies in place to alleviate those kinds of concerns, Gunalan said. Please check your inbox for an authentication link. We could not be more excited for our clients and share our enthusiasm for what the new owners are capable of. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); During his days as a Tarrant County prosecutor, J.D. The organizations hosted more than 200 public meetings to gather input on what residents wanted out of the Trinity, J.D. Our policy is to follow guidance given by the company.. Panther Island Pavilion (PIP) is a scenic outdoor venue on the Trinity River with the beautiful downtown Fort Worth skyline as a backdrop. In 2019, an outside review of the Trinity River Vision Authoritys management of Central City determined that the project had become too associated with recreation and real estate development rather than its stated purpose: flood control. If you share our stories on social media, please tag us in your posts using. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to email a link to a friend (Opens in new window), Got a story tip? The corps evaluated alternatives to the outdated flood control system, including simply raising the levees, but determined that the costs of acquiring surrounding properties to expand the levees outweighed the benefits. When things turn sour, someone has to take the brunt of it, J.D. Get a code sent to your email to sign in, or sign in using a password. background-color: transparent; On the Agenda: 1,400-lot single family development inbound for north font-size: 1.75em; If there was a hiccup in one area, how would that impact the overall critical path and the timeline of everyone else having to do something? Maenius said. With an expected completion date of 2032, the bypass channel will create the appearance of a natural island on 800 acres of former industrial land between downtown and the predominantly-Hispanic Northside neighborhood. We are incredibly pleased to have reached this agreement with Seco, said Mark Brock, Managing Partner at Lionhead Real Estate. If youre not able to add the byline, please include a line at the top of the story that reads: This story was originally published by Fort Worth Report and include our website. We could not be more enthusiastic about the future of Panther Island and the lasting impact it will have on the city of Fort Worth.. Grangers son, JD, serves as executive director of the Trinity River Vision Authority, which executes a master plan for the river that includes the flood control project. Many thanks to all sponsors over the years for the continued support in making the rink possible. Progress Coming to Panther Island? - Fort Worth Weekly Voters also passed a $250 million bond in 2018 designed to fund flood control and drainage facilities for Panther Island. border-radius: 5px; Watch your inbox for our newsletters. The venue provides multiple stages including the only waterfront stage in Texas, an indoor stage in the Shack, a 10,000 square foot building onsite and is home to the Panther Island Beach with daily beach & river activities. We could not be more enthusiastic about the future of Panther Island and the lasting impact it will have on the city of Fort Worth.. Sign up today and get factual, opinion-free Fort Worth-area news from Tarrants independent, nonprofit community newsroom. Those concerns existed in 2003, but have taken on new significance as Fort Worths population rapidly expanded, Burghdoff said. A new chapter begins for Panther Island and its stakeholders Thats OK, he said. It is not held to the same standards as a news story reported and written by a professional reporter, but it should be factual. Click here to send it to us, State agency finds Fort Worth ISD does not always have qualified staff evaluating students for special education, More than medals: Fort Worth swimmers look to build friendships during international meet in Italy, TCU counseling center is getting an expansion to better serve students, Fort Worth artist bridges gap between childlike imagination and adult reality in new exhibition, Following complaints, Fort Worth rolls out email notifications for proposed developments. Seco Ventures, a commercial real estate development and investment firm in Austin, acquired the portfolio asset. What is Panther Island? Fort Worth's future river walk | Fort Worth Freese and Nichols gave board member James Hill $2,500 during his 2017 campaign, but did not contribute to his re-election campaign in 2021. You can also rent a paddle board, canoe or kayak and explore Fort Worth by water. She is a recent graduate of the University of Missouri where she majored in Journalism and Political Fort Worth's political and economic power brokers have little doubt that Panther Island has the potential to transform a historically disinvested zone into a multi-use riverwalk development connecting downtown to the Stockyards, the city's top tourist destination. I can't give it a full review at the read more, Ashley T. said: My husband and I ate at this location for the 1st time last night. The sale represents the largest single capital investment for land from the private sector and coincides with the ongoing collaborative planning efforts between public and private stakeholders, the firm said. Im not saying theres anything illegal, Burnam said. Its really easy for me or anybody else that wasnt here at the beginning to play armchair quarterback, but I can see the vision that people like Congresswoman Granger had when this project started. Freese and Nichols is not the biggest firm on the project, Newby said; two other engineering firms received the bulk of contracted funds for the pipeline. Her coverage is made possible by a grant from the Marilyn Brachman Hoffman The land spanned across 10 parcels and had been on the market for about two years. Panther Island - Fort Worth Report Panther Island in Fort Worth | Entertainment & Outdoor Recreation At the time, the PAC gave her $2,500. Read more about our editorial independence policy here. For commercial licensing, please email hello@fortworthreport.org. Look for the "Republish This Story" button underneath each story. Michael Morris, the transportation director for the North Central Texas Council of Governments, led the team that financed the three Panther Island bridges, the last of which opened in October after significant delays in construction. Seco Ventures has been involved with a variety of commercial real estate projects, including office, multi-family and mixed-use developments. If you use our stories in any other medium for example, newsletters or other email campaigns you must make it clear that the stories are from the Fort Worth Report. Backwoods Paddlesports at Panther Island | Fort Worth, TX 76102 He thinks this investment from the federal government will give investors confidence in the project. Get award-winning Fort Worth area news in your inbox free. The PAC has spent over $8,500 from 2015 to 2021 supporting Tarrant Regional Water District board candidates, according to an analysis of campaign finance reports. If youre not able to add the byline, please include a line at the top of the story that reads: This story was originally published by Fort Worth Report and include our website. Located north of downtown Fort Worth, Panther Island is thriving with entertainment, activities and outdoor recreation. } Panther Island Brewing | Fort Worth Ale Trail Once the sun went down, darkness enveloped the area because of a lack of outdoor lighting. You are required to follow the guidelines and use the republication tool when you share our content. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); The engineering firm Freese and Nichols recently paid the city of Fort Worth $1.5 million for claims related to three Panther Island bridges that are no stranger to news coverage. We are proud that we made skating rinks in Fort Worth a popular winter tradition. Burnam, with the Water District Accountability Project, said Freese and Nichols have disproportionate influence in elections, similar to police and fire associations. height: 2.25em; In the same council session, council members immediately agreed to pour that money back into the bridges construction budgets. More by Rachel Behrndt, Haley Samsel is the environmental reporter for the Fort Worth Report. (Fort Worth Chamber) An Austin, Texas-based real estate investment and . Absolutely, it is., Since Fort Worths earliest days as a U.S. military outpost, city leaders have struggled to control, shape and use the Trinity River. The million-dollar paychecks to Freese and Nichols are a drop in the Trinity River compared with the long history of taxpayer dollars paid out to the engineering firm since their inception in the region over a century ago, according to contracts obtained by the Report. I guess I could lose sleep over what kind of baggage Im taking on, I dont think thats the prudent way to go about it Is it worth the fight? and the Real Estate Council of Greater Fort Worth pooled together $560,000 to hire HR&A Advisors. Show options. Always free to read. This is the only waterfront stage in Texas, hosting concerts, festivals, fun runs and other events all year long. Austin Firm Now Largest Private Stakeholder in Fort Worth's Panther Island That decision appears to have paid off, and I think Panther Island is a game changer for the city.. The first signs of whats to come will be on display at the Trinity River Vision Authoritys next meeting, set for 9 a.m. Thursday, Jan. 27, in the water districts administration building. The new phase will include an updated plan for real estate development, a public engagement process and possibly a new governance structure to manage a multitude of priorities. Backwoods Paddlesports at Panther Island Rentals offers kayak, stand up paddleboard, and canoe rentals by the hour on the Trinity River. The bulk of Freese and Nichols income from the water district stems from the organizations pipeline projects. It will not be done in a way thats not clear just the opposite.. But what is questionable is that their expenditures are not closely monitored and it makes me crazy that we cant get elected officials to be actively engaged in holding government agencies accountable for their spending.. } Fort . Family-run Seco Ventures first opened in 2010. The timing of this legacy transaction continues the momentum building on the island over the last eighteen months, said Sarah LanCarte. Sarah LanCarte CCIM, SIOR, Daniel Shelley, and Darren Cain of LanCarte Commercial represented the seller, Panther Acquisition Partners, Ltd., a private Texas-based real estate investment firm. MAILING ADDRESS: 2003 8th Ave., #300, Fort Worth, TX 76110PHONE: 817.405.9318EMAIL: hello@fortworthreport.orgOur MissionWe pledge to produce high-quality objective local journalism that informs public decision-making, addresses the quality of life of our communitys citizens, holds our policymakers accountable and tells our readers stories by listening to them and making sure they are valued and understood. There's also a sand beach with public access to the river seven days a week. Over the last several decades, the Seco partners have established an impressive history of success by spearheading the development and delivery of numerous iconic projects in Austin. Panther Island Pavilion is located on Panther Island, the future home to a vibrant urban waterfront neighborhood north of downtown that will be the largest mixed-use development in Fort Worth. .connected button:hover, .connected button:focus { Granger left his official role three months after Panther Island earned major federal funding, and his time as a consultant for the water district ended last October. text-align: center; Updated June 28, 2021 9:20 AM. .connected h2 { Experience events ranging from concerts, festivals, runs, bike rides and more. The water district has never slowed down since the day the project was authorized, said Woody Frossard, the water districts environmental director. We've recently sent you an authentication link. My concern as mayor was not the personalities and not the politics, but rather, how do we get the money?. More by Emily Wolf. Panther Island Pavilion is a large event space along the Trinity River, which is owned and operated by the Tarrant Regional Water District. It was my first big ask of the administration, Veasey said. Traffic and cost overruns affiliated with the three Panther Island bridges alienated Mayor Price, who led the city between 2011 and 2021. Get a code sent to your email to sign in, or sign in using a password. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); After more than a decade of delays, Fort Worth will finally see significant federal funding for the Panther Island/Central City Flood Project, a key step toward turning a former industrial area north of downtown into a modern mix of homes and retail nestled along the Trinity River. Get a code sent to your email to sign in, or sign in using a password. Meanwhile, the projects local sponsor, the Tarrant Regional Water District, must front 35% of the cost through land acquisitions, environmental cleanups and relocations of water and sewer utilities, among other duties. Related: Star-Telegram: Key 25 acres on Fort Worth's Panther Island sold . Cowtown Cycle Party for 6-15 Adults. LanCarte Commercial Real Estate said on Monday that it had brokered the sale of 26 acres of privately-owned land on Panther Island. P.O. As a result, Fort Worth leaders rushed to prevent another devastating event by approving a $7- million bond about $90 million in todays dollars and creating a new taxing district to support flood control along the Trinity. Specialties: Panther Island Pavilion is the perfect spot for you to enjoy top-tier entertainment unlike any other in Fort Worth! @media (max-width: 767px) { Rachel Behrndt is a government accountability reporter for the Fort Worth Report. What is Panther Island? Tracing the $1.16 billion project's complex I hope I can still afford to live here when I have kids of my own, Tarrant County gynecologist calls newly approved over-the-counter birth control a landmark step, Fort Worth ISD teacher hopes to inspire students at his old middle school, Army Corps of Engineers plans cyclist bypass closure at Benbrook Lake, Will robots become commonplace in businesses? Get to know your community better with our free newsletters. For commercial licensing, please email hello@fortworthreport.org. Learn more at pantherislandpavilion.com. This Southlake company thinks so, Proudly powered by Newspack by Automattic, An employment or business relationship that results in a taxable income of over $2,500, And/or an employee receiving a gift valued over $100 from the vendor in the last year. Freese and Nichols have historically been involved with the water districts biggest projects, ranging from reservoirs to pipelines. While Freese and Nichols did not donate directly to Leonards 2019 campaign, records show the companys late vice president, Lee Freese, and his wife, Dana Freese, donated $100. To create that plan, the city tapped a national consultant in January to plot the future of Panther Island. It will create a "live, work, play" model that will encourage sustainable city growth. The water district has awarded over $115.7 million in contracts since 2017, according to the Tarrant Regional Water Districts website. Former Fort Worth Mayor Betsy Price recalled her parents being among the residents affected by the storm, which killed at least 10 people, caused millions in damages and left more than 13,000 people homeless. We have spent the last several years consolidating a hugely strategic land package on Panther Island and believe we have partnered with the right family at the right time. Granger attributes that to a negative relationship with Mick Mulvaney, then-director of the White House Office of Management and Budget. Engineering firms often have robust processes for weeding out potential conflicts of interest, Gunalan said. Green Bay Campgrounds,
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