Proposed $100M Panther Island apartment complex could open development floodgates

A $100 million project viewed as a catalyst for Panther Island development is under consideration for economic development incentives from the city of Fort Worth.

Austin-based commercial real estate investment firm Seco Ventures is planning to invest in Fort Worth’s future Panther Island district. The planned 12-story, 290-unit apartment complex will have about 9,000-square-feet of retail on the ground floor. The project would total about 250,000 square feet.

The city is considering a maximum of $10 million in tax incentives for the project, which city officials believe will strengthen the case for vertical development on the island and help set market rents for the 407-acre area…

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