Clearfork owners plan 140-acre mixed-use development in southwest Fort Worth

The owners of Clearfork are plotting another mixed-use project a few miles south of the flagship shopping center, according to documents submitted to Fort Worth officials Sept. 13.

Cassco, the development branch of the Edwards family, requested that the city annex 146 acres of unincorporated ranch land bisected by Chisholm Trail Parkway, just south of Interstate 20. Cassco hopes to transform the plot into a sprawling network of residences and stores, expanding its substantial footprint in Fort Worth.

“We are excited about the opportunities for this property,” Paxton Motheral, Cassco’s vice president, wrote in a short statement to the Star-Telegram. “However, there is a tremendous amount of work to do before we are ready to make a formal announcement.”

Established in 1848, the Edwards’ eponymous ranch once blanketed 7,000 acres across Fort Worth’s western frontier. As the fortunes of cattle herding waned, the family pivoted to real estate.

Clearfork, its most notable project in recent memory, took shape in 2018. Fort Worth’s tourism page lists the $300 million development’s luxury stores and upscale restaurants as one of Cowtown’s notable sites. Cassco unveiled plans for a $400 million expansion last year. The city helped bankroll both phases with tens of millions in tax incentives.

The site Cassco hopes to bring into the city’s jurisdiction — and within the boundaries of its services — sits a roughly 10 minute drive south of Clearfork.

Planning documents provide few details about what Cassco envisions. It intends to dedicate roughly 101 acres to offices, stores and apartments, parceling what remains for right-of-way.