Foch St Warehouse Building Under Construction
12/9/2011Back to all News
Foch Street Warehouse Building Under Construction
By Aleshia Howe email@example.com
Presidio Interests, a partnership of Andrew Blake and James R. Harris, has started redeveloping a 53,000-square-foot structure known as Foch Street Warehouse Building Two into spaces for a mix of retail shops, restaurants and offices.
Building Two, which is located in the West Seventh Street corridor at 1001 Foch St. between West Seventh Street and Lancaster Avenue, is 60 percent leased with two new tenants.
Building Two is the third of the warehouses on about 6.5 acres on the east side of Foch Street that James R. Harris Partners has been redeveloping since 2001 and 2003.
iProspect, a digital marketing agency, leased 25,000 square feet in the new building for its Fort Worth office. Texas Hospice, which is expanding from smaller space in Foch Street Warehouses, leased 7,000 square feet for its headquarters.
The building is set for occupancy by the second quarter of 2012.
The architect of Foch Street Warehouse Building Two is Bennett Benner Pettit, formerly Gideon Toal; property manager is Mark Harris of James R. Harris Partners; project leasing is handled by Chieffalo Realty; general contractor is Fort Construction; and construction financing is by Texas Capital Bank, all of Fort Worth.
“We asked our architects, Bennett Benner Pettit, to design Foch Street Warehouse Building Two to be a highly functional, modern building that would harness the appeal of the sturdy character of the vintage 1940s industrial building,” Blake said.
James R. Harris Partners was the first real estate firm to start redevelopment of Fort Worth’s Foch Street area with the transformation of two other warehouses, Foch Street Warehouses One and Three.
Building One, which encompasses 70,000 square feet and opened in 2002, has 15 tenants: ANZEA Inc., Asel Art Supply, Bess & Evie’s LLC, Bikram Yoga of Fort Worth, Bliss Bridal LLC, Dean Kingston Inc., Enilon Group, Esoterica Salon, The Greener Good, J. Rae’s Cheesecakes LLC, La Familia, Legend Entertainment LLC, Materials Marketing LLC, Milagro’s Frame Shop, and There’s No Place Like Home.
Building Three, which includes 14,000 square feet and opened in 2004, has eight tenants Chimy’s Cerveceria, Jen Meyer Photography, Pinnacle Health Care LLC, Red Productions LLC, So7 Studios LLC, Tarrant Technologies, Texas Realty Association, and The Vanity Room.
Blake expects demand to continue for space in the warehouse buildings because of their location in the energetic West Seventh Street urban area. “People like living and working in the area because they can walk to nearby shops and restaurants,” he said.
iProspect was represented by Clint Madison and Adam Ardise of Cassidy Turley’s Dallas and New York offices; Andrew Blake represented the landlord. Texas Hospice was represented by Will Martin, and Roger Chieffalo of Chieffalo Realty represented the landlord.