A new mixed-use development is coming to Fort Worth’s Near Southside neighborhood.
Oxley Architects, a Fort Worth-based architecture and development firm, is still working on the design of the project at 162 W. Rosedale St., which will be called 162 Rosedale. The development could help connect the popular West Rosedale and South Main corridors.
Oxley’s founding principal, Andrew Oxley, said the firm hopes to break ground on 162 Rosedale by spring 2026, but plans are still being finalized. The company is considering three design concepts; the cost to develop it could range from $4 million to $16 million, depending on the size and scope.
“We want to build something that brings both short and long term benefit to the area, so our construction timeline will be aligned with that goal,” Oxley said.
Oxley said tenants aren’t lined up for the building, but his firm is working with local real estate brokers to pre-lease the property. The company is looking for a “high-end” restaurant to occupy street-level space and office users for the upper floor.
He expects companies in the medical or research and development fields will be drawn to the building, which is down the street from the Medical District and less than a mile away from TCU’s recently opened Anne Burnett Marion School of Medicine.
“This block is in an especially walkable area of town, making it increasingly attractive to modern office tenants (to attract talent) and restaurant goers, alike. We are currently seeking a high-end restaurant on the street level.”
Mike Brennan, president of Near Southside Inc., said the 162 Rosedale development will be an exciting addition to the neighborhood. He said the project will help expand the link between the growing West Rosedale Street and South Main Street corridors, the neighborhood’s primary walkable commercial corridors.
“Seeing activity come down South Main and connect to Rosedale, and then extend the Rosedale activity a little bit farther east towards South Main, I think that’s a win in a number of ways,” Brennan said.
Oxley said his firm was drawn to 162 Rosedale because of the location’s visibility and proximity to I-35. He described the spot as a “gateway into Near Southside” and said he expects his company’s project to spark adjacent development.
Oxley’s architecture team has designed a number of similar mixed-use projects. 162 Rosedale will be the second Fort Worth project for the company’s development arm. Its first Fort Worth project was 911 Houston St., a historic three-story building in downtown that was redeveloped with offices and a lounge.
Oxley said his firm is working with the city, the Fort Worth Economic Development Partnership and Near Southside stakeholders to ensure the project creates positive economic development.
“I think that a mixed-use development like this at such a strategic location could be really catalytic for people who live and work in that part of town,” Oxley said. “This would be one of the first new mixed-use developments in this area of the Near Southside, and we think we have a chance to build something really special for Fort Worth.”