Fort Worth city leaders agreed unanimously on Tuesday evening to help jump-start a 335-acre mixed-use development on the city’s northern frontier.
BRN Piedmont LLC plans to develop stores, a school, a park, and hundreds of homes across a vacant expanse of ranch land sandwiched between Bonds Ranch Road and Peden Road, just beyond city limits. The venture will unleash yet more construction onto Bonds Ranch, an 8-mile farm street now convulsed by rapid suburbanization.
Fort Worth has agreed to supply the budding project with water and sewer services so long as the company complies with a “development agreement” with the city. Fort Worth could annex the property once it’s been “substantially developed,” formally absorbing yet another chunk of its sprawling extraterritorial jurisdiction…