Earlier this year, the U.S. Army Corps of Engineers announced an allocation of $403 million from the federal government to support flood control efforts along the Trinity River as part of the Central City Flood Control Project. The total cost for Panther Island is expected to run at over $1.1 billion, according to the Panther Island/Central City Flood Project.
The entities involved in the RFP are the city of Fort Worth, Tarrant County, the Tarrant Regional Water District, Tarrant County College, the Real Estate Council of Greater Fort Worth, Downtown Fort Worth, Inc. and Streams & Valleys, according to a news release. Ultimately, the project’s timetable will be dictated by the U.S. Army Corps of Engineers. However, some portions of Panther Island could be ready for development sooner than others, saidPart of the purpose of bringing on consultants is to look at some of those areas to get a better vision of what development might look like. What does the recently issued RFP signify?
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