Summary: At the corner of I30 and Walsh Ranch Parkway, just seven miles from Willow Park, the Worthington Bank is planning an eight-story office development. Ready in three years, the building will be decorated in a Western motif with art celebrating the area, a tradition of Worthington Bank.
Latest Update: 17 September 2024; posted 11 September, 2024
#Tags: ##AreaGrowth
Corner of I30 and Walsh Ranch Parkway, just 7 miles from Willow Park, the Worthington Bank is planning an eight-story office development.
At the corner of Interstate 30 and Walsh Ranch Parkway, just seven (7) miles from Willow Park, the Worthington Bank is planning an eight-story office development, which will include their corporate headquarters, other leased business offices, and a top floor restaurant. [1, 2, 3]
The $55 million, 96,000-square-foot will open in about three years and will be decorated in a Western motif with art celebrating the area, a tradition of Worthington Bank. All of the bank’s locations feature art primarily by Texas artists and/or artists who painted scenes of Texas life. [1] [Art Collection < Worthington Bank]
“Parker County’s history is deeply tied to the Westward Expansion of the U.S. through Texas and beyond. Now, through the visionary efforts of Worthington Bank, Parker County is receiving its first high-rise office building and with it, a new era of Upward Expansion. [4]
Willow Park Civics Sources and Resources
• New bank HQ to sport Parker County’s first office tower; Worthington Bank purchases property in Walsh, 17 September 2024, The Community News, in .pdf
[1] Fort Worth bank to open headquarters, eight-story tower at Walsh development, Fort Worth Report, 05 September 202, Excerpts
“Parker County has been experiencing an incredible level of growth in residential development, especially with the development of Walsh. The addition of Worthington Bank Tower will provide residents a unique working experience close to where they live,” Greg Morse, Worthington Bank CEO, said in a statement.
The eight-story tower will be built with Class A finishes and decorated in a Western motif with art celebrating the area, a tradition of Worthington Bank. The bank is currently headquartered in downtown Fort Worth in the historic Burk Burnett Building. All of the bank’s locations feature art primarily by Texas artists and/or artists who painted scenes of Texas life.
The F. Howard Walsh family ran their ranching business on the 7,200-acre property for over 70 years and were known for producing high-quality cattle.
The area has previously been the target of major economic development proposals. Electric vehicle manufacturer Rivian eyed Walsh land for a $5 billion factory in 2021, but Tarrant County lost out on the deal to Georgia.
In February 2022, Oklahoma City-based BancFirst Corp. acquired Worthington National Bank for $77.7 million, but the bank continues to operate as a separate subsidiary with its own charter and board of directors
Worthington has $625 million in assets, $525 million in deposits and $440 million in loans, according to Morse.
[2] Worthington Bank to build $55M HQ in wide-open West Fort Worth, The Real Deal, 09 September 2024, Excerpts
Worthington Bank is building a corporate headquarters at the Walsh development in far west Fort Worth, a milestone in the 7,200-acre master-planned community.
The Fort Worth-based bank plans to occupy two floors in an eight-story office development at the corner of Interstate 30 and Walsh Ranch Parkway, an area that is prime for growth given the number of residents commuting from suburbs to downtown Fort Worth, the Dallas Business Journal reported.
The 96,000-square-foot development is expected to cost $55 million, or $572 per square foot, and it is estimated to take about three years to build.
Despite plans to only occupy two floors, Morse said the remaining space is already generating strong interest from potential tenants, including two floors for a law firm, a top floor for a restaurant, and space for several title companies.
Worthington Bank is headquartered in downtown Fort Worth’s Sundance Square, at 500 Main Street, which is known as the Burk Burnett Building, constructed in 1914. While the Walsh building will become the bank’s base, the company will maintain its downtown presence.
[3] A bank is planning a $55M headquarters tower in a booming area of North Texas, WFAA, 09 September 2024, Excerpts
Worthington Bank announced Sept. 5 plans to build an eight-story tower and HQ at the corner of I-30 and Walsh Ranch Parkway, part of the 7,500-acre master-planned development known as Walsh.
[4] Worthington Bank Heads West with New Corporate Headquarters Tower in Walsh, Fort Worth Chamber 05 September 2024, Excerpts
Worthington Bank has announced the acquisition of land for its new corporate headquarters located at the corner of Interstate 30 and Walsh Ranch Parkway. The 96,000-square-foot office building located in Walsh, the fast-growing 7,500-acre development in West Fort Worth spanning Tarrant and Parker County, will feature multi-use spaces with office and retail space available for lease.
“Parker County has been experiencing an incredible level of growth in residential development, especially with the development of Walsh. The addition of Worthington Bank Tower will provide residents a unique working experience close to where they live,” said Greg Morse, Worthington Bank CEO.
The tower will be built with Class A finishes and decorated in a Western motif with art celebrating the area, a beloved tradition of Worthington Bank. The building will be an eight-floor commercial structure with a dedicated parking lot and convenient access to Interstate 20, Interstate 30, and Loop 820 and Farm-to-Market Road 1187.
“The addition of Worthington Bank Tower and our partnership to bring Worthington into the development will unlock more opportunities for those in the area, complement existing commercial activity and provide long-term benefits to the entire region,” said Ryan B. Dickerson, Chief Executive Officer of the Walsh Companies.
Leasing efforts for Worthington Bank will be led by Holt Lunsford Commercial’s Vic Meyer and Jake Neal.
“Parker County’s history is deeply tied to the Westward Expansion of the U.S. through Texas and beyond. Now, through the visionary efforts of Worthington Bank, Parker County is receiving its first high-rise office building and with it, a new era of Upward Expansion. We are grateful and honored for the opportunity to work with Worthington Bank on this iconic project and we look forward to contributing to the positive impact that this project and the Walsh development will have on the people and businesses in the region.” said Meyer.
Businesses interested in leasing opportunities can contact Vic Meyer at vmeyer@holtlunsford.com or Jake Neal at jneal@holtlunsford.com.
About Worthington Bank: Worthington Bank, one of the few locally operated banks in Tarrant and Denton Counties, puts a priority on relationship-based banking. There are no 1-800 numbers and no automated phone systems. Offering checking, savings, money market accounts, CDs, and loans, Worthington Bank’s philosophy is that all customers are treated the same and clients are a name, not a number. Additionally, Worthington is committed to serving its communities and preserving Texas heritage, history and art. www.worthingtonbank.com
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