Fort Worth ISD is quietly testing the market on some of its most visible real estate, offering up the land around Farrington Field to developers in hopes of landing a sports-anchored mixed-use project that pulls in at least $250 million in private money. The idea is to leverage those new dollars to help pay for long-overdue upgrades to the nearly century-old stadium while keeping the field itself under district control for games and community events. Proposals closed in mid-February, with a procurement timeline that stretches out through 2031.
What the RFP demands
The district’s request for proposals calls on developers to buy and redevelop seven tracts surrounding Farrington Field, spelling out a minimum $250 million private investment and a sports-anchored mixed-use vision, according to the district’s procurement notice. That listing shows a Feb. 16, 2026, closing date and a projected award process later in March, and it highlights a multi-phase schedule that runs through 2031.
The RFP also packs in protective contract language, including a right-of-reversion for any portions that are not developed, all designed to keep projects moving and make sure each parcel is built out to the district’s specifications.
Farrington Field will stay with the district
While the land around the stadium is in play, FWISD says Farrington Field itself is not. The district plans to retain ownership and preserve access, parking and event use even as new construction rises around it, language that shows up in both the solicitation and district statements.
The stadium, which opened in 1939, still needs tens of millions of dollars in accessibility, safety and modernization work, as reported by Fort Worth Report. Preservation advocates are already pressing the district to tread carefully around the historic frieze and facade as negotiations move forward.
Where the money might come from
The land sale strategy is tied directly into a city-led tax increment financing district the Fort Worth City Council approved in June 2025. That TIF could steer future tax growth into infrastructure projects and a potential $55 million overhaul of Farrington Field…