Downtown Fort Worth, Inc. 2016 Annual Report by Downtown Fort Worth, Inc.

TOP GOLF – Opening Spring 2017 HAMPTON AVENUE APTS - 350 Units ARISTON PLACE - 219 Units BUTLER PLACE REDEVELOPMENT – Proposed 5. I.M. TERRELL RENOVATIONS – STEM and VPA School 6. TEXRail - $1.3B Commuter Rail Line to DFW Airport 7. TEXAS A&M - Campus Expansion 8. KENT LOFTS - 220 Units 9. 250 LANCASTER - 131 Units 10. FAIRFIELD INN & SUITES - 114 Rooms 11. 1000 HOUSTON STREET - 2 Residential Units 12. HAMPTON INN & SUITES - 245 Rooms 13. PROPOSED HOTEL 14. HILTON ANNEX - 143 Units 15. HILTON GARDEN INN - 162 Rooms 16. SINCLAIR BLDG HOTEL - 164 Rooms 17. XTO ENERGY GARAGE - 23,000 SF Retail Space 18. FROST TOWER - 258,900 SF Office 19. ALOFT HOTEL - 180 Rooms 20. HERITAGE PLAZA – Proposed Park Renovations 21. INTOWN HOMES - 11 Units 22. BROADSTONE 5th AND SUMMIT - 345 Units 23. TRINITY TERRACE: RIVER TOWER - 123 Units 24. AMERICAN NATIONAL BANK & TRUST - Under Construction 25. BURNETT LOFTS - 254 Units 26. HEMPHILL/LAMAR CONNECTOR – Vehicular/Pedestrian Connection Tunnel 27. PUBLIC MARKET BUILDING - Planning Phase 28. CIERA BANK BUILDING - 6 Residential Units/Bank 29. ALEXAN SUMMIT - 380 Units 1. 2. 3. 4.

annual report 2016

19 16 14

13 12

10 5 7

25 9

26 6

Special thanks to our 35th Annual Meeting Platinum Sponsors

777 Taylor Street, Suite 100 Fort Worth, TX 76102 817.870.1692 www.dfwi.org

Downtown Fort Worth

@DTFortWorth

downtownfortworth

CHAIRMAN’S LETTER

2016 was a landmark year in Downtown Fort Worth. Frost Tower, a new multitenant high-rise office building under construction at 5th and Taylor, will expand the walkable core of Downtown and add a new skyline element visible for miles. New hotels began construction and others positioned themselves for development. Hampton Inn & Suites will greatly improve the visitor entry experience from the ITC along 9th, while an Aloft hotel will nestle in six middle floors of the Two City Place office building. All of the floors of the Sinclair building are being renovated into a Marriott Autograph hotel. In total, we are tracking nine projects in various stages of development. (See page 5 for more details.) These hotels will benefit greatly from the Fort Worth Transportation Authority’s (FWTA) fully funded TEXRail project. FWTA signed its $499 million agreement with the Federal Transit Administration in 2016 and is well underway building the commuter transit line connecting Downtown Fort Worth to DFW Airport. And while hoteliers have been competing for land in the core of Downtown, multifamily developers have been consuming developable land on the edges. There are currently 1,162 residential units under construction or recently completed in Downtown, and DFWI is tracking 16 projects in various stages of development. If they are all built, 2,948 new units will be added to our base of 3,452. (See page 8 for more details.) In total, the recently completed, currently under construction and future projects are consuming about 31.4 acres of land and improving 59.9 block faces in Downtown. In each case, the Downtown Design Standards are guiding and encouraging developers to live up to Downtown’s Pedestrians Come First promise. As development continues in Downtown, DFWI members and staff are working on the details of the present while planting seeds for the future, ensuring that Downtown’s position as a premier destination to live, work, shop and play is well cultivated. We invite you to join DFWI and be a part of that future.

Sincerely,

Jack Clark, Chairman

ABOUT US DFWI's Mission The mission of Downtown Fort Worth, Inc., is to be the catalyst for transforming Downtown into a vibrant place to live, visit, enjoy and conduct business through aggressive leadership of programs, projects and partnerships.

Who We Are Formed in 1981, DFWI is Downtown Fort Worth’s planning, advocacy, public space and project management organization. DFWI also builds Downtown Fort Worth’s vitality by serving as a liaison, ombudsman and information source for property owners, residents, business owners, lenders, community organizations and policy makers.

What We Do Downtown Fort Worth, Inc. (DFWI) is a 501(c)(6) nonprofit membership organization. In addition to coordinating the Downtown planning process, advocacy, member services, communications and Downtown leadership, DFWI members founded (in 1986) and continue to manage the first Public Improvement District in the state of Texas – PID #1. DFWI also manages Fort Worth PID #14. The PIDs provide enhanced services to property owners including maintenance and landscaping, public space management, promotions and marketing, research, transportation, planning and security enhancements to 564 acres of Downtown.

PID #1 PID #14 Downtown TIF Lancaster TIF

DFWI also administers Fort Worth’s first Tax Increment Finance District (TIF) by contract with the City of Fort Worth. Eligible TIF projects include parking, infrastructure assistance to new developments, historic preservation, affordable housing, transportation and education. Downtown Fort Worth Initiatives, Inc. (DFWII), is a 501(c)(3) nonprofit corporation that provides a pathway for foundation grants, philanthropic donations and other contributions to help fund charitable, educational and public-purpose Downtown projects. DFWII is a partner with the Fort Worth Housing Solutions in Hillside, a 172-unit, 12-acre mixed-income residential development on the east side of Downtown. Each year DFWII helps bring more than 500,000 people to Downtown by producing the MAIN ST. Fort Worth Arts Festival and the XTO Energy Parade of Lights. DFWII also developed and maintains the JFK Tribute in Fort Worth. DFWII redeveloped Burnett Park, renovated General Worth Square and is currently administering the Heritage Plaza restoration design.

Strategic Action Plan - Plan 2023 Every 10 years, DFWI partners with the City of Fort Worth and the Fort Worth Transportation Authority to update the Downtown Strategic Action Plan. The plan’s purpose is to build consensus around and establish a common vision for Downtown Fort Worth as a livable, healthy and economically vibrant center for the community. The current Strategic Action Plan, Plan 2023, is used as a tool to help develop and align the budgets of DFWI, DFWII, PID #1 and #14, and TIF #3. Downtown’s progress in fulfilling the objectives of Plan 2023 during the past year is reported in the pages of this report.

6 [ Major Focus Areas

]

• Business Development • Education • Housing • Retail, Arts and Entertainment • Transportation • Urban Design, Open Space and Public Art

BUSINESS DEVELOPMENT

Downtown Fort Worth will grow as a premier business location by providing a robust economic, intellectual and cultural environment through the supporting infrastructure necessary to retain current and recruit future employers.

2016 Office Market Highlights

28.55 Average rent per

square foot of class A office space

90.1% Occupancy rate for the office market

340,000+ Square feet of office and retail space under construction

Frost Tower Anthracite Realty Partners’ Frost Tower Fort Worth is currently under construction and well out of the ground at time of publication. Designed by Bennett Benner Partners and built by Balfour Beatty Construction, the building is scheduled for completion in late 2017.

Frost Tower

Objective: Provide the educational systems that encourage a healthy business environment.

Santa Fe Freight House The Downtown TIF holds a long-term lease on the historic Santa Fe Freight House building; UTA is the primary tenant. In the fall 2016 semester, the student enrollment at the UTA Fort Worth Center was 772 within the six professional degree programs offered. The UTA Fort Worth Center offers an executive MBA, a professional MBA and graduate programs in criminal justice and criminology, health care administration and social work. Additionally, the Fort Worth Center offers programming for a select BNSF cohort to complete their Bachelor in Business Administration. A new Bachelor in Social Work program is due to start in the fall of 2017.

Objective: Expand Downtown’s traditional business clusters to include more life sciences.

Strategy: Support University of North Texas Health Science Center (UNTHSC) in creating a new Doctor of Medicine degree-granting program.

BUSINESS DEVELOPMENT COMMITTEE Richard Casarez, Chair – ONCOR Electric Delivery Salma Adem – UTA Hayden Blackburn – IDEA Works FW Johnny Campbell – Sundance Square John Cychol – Fort Worth Convention & Visitors Bureau Ken Devero – DFWI Past President Mae Ferguson – Sister Cities International Charlie Florsheim – Winstead PC Glen W. Hahn – Innovative Developers, Inc. Marie Holliday, DMD – Flowers to Go in Sundance Square Chris Jeans – XTO Energy Walter Littlejohn – The Fort Worth Club Lisa McMillan – Tarrant County Nina Petty – Tarrant County College District Robert Sturns – City of Fort Worth Greg Upp – Consultant

Doctor of Medicine School In July 2015, Texas Christian University (TCU) and the University of North Texas Health Science Center (UNTHSC) announced a collaboration between both universities to create a Doctor of Medicine school. In March 2016, TCU and UNTHSC selected Stuart D. Flynn, M.D., as the founding dean of the new M.D. school. The first M.D. school class is scheduled to begin in the fall of 2018.

Strategy: Preserve historic/cultural buildings as landmarks for Downtown and potential investment and infill development opportunities.

Hilton Annex Building The Lancaster Avenue Tax Increment Finance Board approved $4.7 million to support the redevelopment of The Hilton Hotel Annex. The building, which is currently vacant, will become 143 apartments with 6,000 square feet of ground floor retail. Asbestos abatement was completed in 2016.

Objective: Use market demand analysis of Fort Worth to determine the needs of citizens, visitors, the hospitality industry, and meeting and event management professionals. Focus on ways to improve and market Downtown’s appeal as the core of Fort Worth’s successful convention and event destination. Hotel operators and developers targeted Downtown Fort Worth in 2016. While multifamily developers purchased properties on the edges of Downtown, hoteliers focused on areas close to the convention center and Sundance Square. DFWI is tracking nine hotels in various stages of development. These hotels, if all are built, represent the potential addition of 1,488 rooms to our existing 2,522-room inventory.

Hampton Inn & Suites Leads the new wave of hotel development with their nine-story, 245room project at the corner of 9th and Commerce Street. The hotel will open in 2017.

Aloft

Hampton Inn & Suites

Aloft is currently under construction in floors 8–13 of the 19-story One City Place. The hotel will include 180 rooms, a ground floor lobby, pool, and dedicated elevators fronting 3rd Street. The retail frontage along 3rd will also feature a contemporary casual dining room and live music bar. The hotel is expected to open in March 2017.

Marriott Autograph

Sustainable Development: The Sinclair

A Marriott Autograph hotel is under development in the historic Sinclair building at 5th and Main streets. While office tenants are being relocated, new demonstration rooms have been built and work with historic preservation groups continues. The hotel is expected to feature 164 rooms in the 16-story building.

building renovation will use state-of-the-art, low-voltage Ethernet-powered LED lighting and controls. This new lighting system will generate significantly less heat, allowing the building to take advantage of new air conditioning technology that requires a fraction of energy typically required to heat and cool a development of this size.

Hilton Garden Inn and Suites

Fairfield Inn

The Hilton Garden Inn and Suites is being designed for Jones Street, between 5th and 6th streets. Designs for the 10-story, 162room project have been approved and the developer expects the $40M project to open in 2019.

The Park Central Hotel, long in need of renovation, has been acquired and is currently undergoing a significant renovation into a Fairfield Inn. The number of rooms will decrease from 120 to 114. The Fairfield Inn, located at 9th and Houston, is expected to open in 2017. 5

EDUCATION Vision Targeted educational programs and new learning institutions in Downtown will focus on current and future industry clusters to attract and hold knowledge-based companies and workers. This effort will maintain Fort Worth’s primacy as host to a vibrant and innovative regional workforce, and provide critical lifelong learning experiences for its residents.

Objective: Explore enrichment and hands-on learning opportunities for families and children.

STEM and VPA School In March 2016 the Fort Worth ISD broke ground on the $41.6 million campus at the I.M. Terrell site that will include both the ISD’s flagship Science Technology Engineering and Math (STEM) and Visual Performing Arts (VPA) high schools. The school is projected to open in 2017 with ninthgrade students. An additional grade will be added each year. The total campus capacity is projected to be 800 students. The addition of this school will increase the availability of education options for families with children who live Downtown.

EDUCATION COMMITTEE Greg Upp, Chair – Consultant Rik Adamski – ASH LIME Strategies Len Avecilla – Keller Independent School District Sherry Breed – Fort Worth Independent School District Blanca Galindo – Nash Elementary School Lori Gordon – Community Volunteer Tamara Albury – Young Women's Leadership Academy Marie Holliday, DMD – Flowers to Go in Sundance Square Leslie Oliver – The Fort Worth Public Library Foundation Gleniece Robinson – Fort Worth Public Library Scott Robinson – Tarrant County College Trinity River Campus Vernell Sturns – Community Volunteer Michael Wollman – UTA Fort Worth Center

Objective: Support existing higher education institutions as plans for future growth develop. Encourage expansion plans to be consistent with the Downtown Urban Design Standards and Guidelines.

Texas A&M School of Law Texas A&M began working on their Downtown Fort Worth Campus plan. At the time of this printing, the university was still evaluating curricula and overall land use and building programming.

Objective: Support and promote Nash Elementary and the Young Women’s Leadership Academy.

Young Women’s Leadership Academy Selected as National Blue Ribbon School Fort Worth ISD’s Young Women’s Leadership Academy (YWLA) was selected as a National Blue Ribbon School in September 2016 by the U.S. Department of Education. The Blue Ribbon program honors schools that have achieved high levels of performance or made significant improvements in closing achievement gaps among student subgroups.

HOUSING Vision Building on past successes, the development of multifamily housing in Downtown Fort Worth and the surrounding areas should be intentionally accelerated through targeted incentives and policies supporting this land use. We will set the stage for producing market-warranted housing by removing barriers to development. With a bias toward density and high-quality design, and a variety of price points including workforce affordable housing, quality owner-occupied and rental housing, we will add to the diverse mix of residents in Downtown and increase the tax base.

Burnett Lofts

243

1,699 Average apartment

Average sales per square foot for condos and townhomes

rent in Downtown 7.9% increase over 2015

96.6% Average apartment occupancy rate 0.1% increase over 2015

$262,750 Median price of Downtown condos and townhomes, increase of 4.1% over 2015

Objective: Increase the overall number of residential units in Downtown and adjacent districts. Attract an additional 7,500 units of housing to the greater Downtown area. One of the big 2016 advancements in Downtown was progress made on adding more residential inventory. From high-rise new construction and renovation to midrise and townhome development, work began or progressed on more than 2,948 new units in 16 projects. The following projects made notable progress last year.

Trinity Terrace River Tower Trinity Terraceâ&#x20AC;&#x2122;s third phase, River Tower, topped out and significant interior construction began in 2016. The 79-unit retirement and continuing care community rises 23 floors and features a 14th-floor restaurant, aquatic therapy, townhomes with stoops at the ground floor and spectacular views. The project is nearly sold out. Trintiy Terrace Before

Objective:

Trintiy Terrace After

Encourage development of residential and mixed-use projects in the core, Expansion Zones and Opportunity Areas.

250 Lancaster The 130-unit 250 Lancaster at Pinnacle Bank Place opended in December 2016. This is the first ground-up development on the north side of Lancaster since Interstate 30 was moved. Construction of this building will be followed by Kent Lofts and the Lancaster District projects.

Burnett Lofts The first phase of the Lancaster District was in full planning mode in 2016, with significant environmental hurdles cleared. The 254-unit, mixed-use development was under design review at the time of print of this publication. Construction is expected to begin in late 2017. 250 Lancaster

Kent Lofts

Broadstone 5th and Summit

Kent Lofts

Broadstone 5th and Summit

Construction of the 220-unit Kent Lofts was delayed in 2016 due to utility conflicts. The Lancaster TIF assisted with a $2.5 million participation agreement to help overcome redevelopment challenges at the site. Construction is expected to start in May/June 2017.

Construction began in 2016 on the 345-unit Broadstone 5th and Summit project, developed by Alliance Residential of Phoenix, Ariz. The project, which is adjacent to the Pier 1 building, is expected to be complete by the summer of 2018.

HOUSING COMMITTEE

Alexan Summit

Alexan Summit Located at the former All Church Home site on Summit Avenue, Dallas-based Trammell Crow Residential has begun construction on the 373-unit Alexan Summit apartment building. The project, which is expected to open in 2018, will overlook the Trinity River and adjacent Harrold Park.

Objective: Encourage the development of affordable workforce housing units in Downtown.

Hunter Plaza

Robert Semple, Chair – Bank of Texas Ryan Akins – Dale Carnegie Training Kenneth Barr – Barr Consulting Group Eddie Broussard – Texas Capital Bank Naomi Byrne – Fort Worth Housing Solutions Johnny Campbell – Sundance Square Jeff Davis – Republic Title of Fort Worth Ken Devero – DFWI Past President Taylor Gandy – Ron Investments, Ltd Matt Geske – Fort Worth Chamber of Commerce J.D. Granger – Trinity River Vision Authority Geoff Griffin – Liberty Bank Sam Gunderson – City of Fort Worth Marie Holliday, DMD – Flowers to Go in Sundance Sqaure Julie Johncox – JP Solutions Joe Kline – Kline & Co. Stacy Marshall – Southeast Fort Worth, Inc. PaulPaine – Near Southside, Inc. Tom Reynolds – Reynolds Cattle Company Vernell Sturns – Community Volunteer Patricia Ward – Tarrant County

Hunter Plaza, the first affordable residential project to be assisted by the Downtown TIF Board, reopened in February 2016. The Fort Worth Housing Solutions (FWHS) development underwent a $29 million reconstruction and created 164 one- and twobedroom units. Seventy percent of the units (115) are affordable to households at 60% of the area median income. The remaining units are market-rate. At time of print, Hunter Plaza was 100% occupied.

Ariston FWHS and the City of Fort Worth have partnered on the Ariston Apartments located at the former Airporter site on Weatherford Street. The city is contributing the land and FWHS will engage Carlton Residential as the developer for this 200+ unit, mixed-income property. Construction is not scheduled yet, but design is well underway.

Butler Housing In December 2015, an Urban Land Institute (ULI) panel, sponsored by FWHS, the City of Fort Worth, Fort Worth ISD and DFWI, evaluated the redevelopment issues associated with the 42-acre Butler Place site. The panel recommended issuing a Request for Qualifications to the development community to find an experienced and visionary development partner to redevelop the site at a much higher density. In 2016, FWHS issued a nationwide Request for Qualifications and received nine responses. At the time of printing this Annual Report, the responses had been narrowed to four with interviews scheduled for late spring.

Hillside New 172 Hillside Partners LLC is a FWHS/DFWII joint venture that was created for the purpose of acquiring and operating Hillside Apartments. New 172 Hillside Partners LLC owns the apartments throughout the remaining 22 years of Hillside’s affordability period. After that, DFWII has an option to buy the FWHS’s interest and own the property free and clear. In 2016, DFWII began the process of contributing three additional parcels of land to New 172 Hillside. These parcels will be used for recreational amenities that will serve Hillside residents.

Retail 2016

94.9% Downtown retail occupancy

$12.9M+

Clothing store sales between 3rd quarter of 2015 and 2nd quarter of 2016

$25.75 Average retail rent per square foot, a 3.2% increase over 2015

RETAIL, ARTS AND ENTERTAINMENT Vision Downtown Fort Worth should be the most vibrant area of the city, built for our local residents and highly appealing to our out-of-town visitors. Entertainment venues, restaurants, performing and visual arts, live theaters, public art and retail will combine to bring activity throughout the day and night, attracting a great diversity of people with broad interests. These activities enliven our streets, sidewalks and buildings with fun, creativity and inspiration.

Objective: Coordinate with stakeholders to maximize potential for marketing plans that make Downtown the destination in Fort Worth to attract people at all times. Support and strengthen the “IT” factor that brings people into Downtown.

DFWI's Marketing Marketing Downtown Fort Worth is no small feat. On a weekly basis, Downtown’s social media accounts reach an average of 41,210 individual users. In the past year alone, Downtown’s pages gained 31,864 new followers. The Downtown Fort Worth Facebook page now has over 97,000 followers, with an average increase of 100 people per week. On Twitter, Downtown gains nearly 200 followers per week and currently reaches 25,000 people. Instagram saw enormous growth this year, increasing from 8,000 to 33,000 followers. As DFWI continues to find new ways to share the Downtown story, we hope you will assist us by liking and sharing photos and stories.

MARKETING COMMITTEE Dione Kennedy, Chair – Performing Arts Fort Worth, Inc. Brittany Brookens – Fort Worth Chamber of Commerce Nick Calk – Ardent Creative Jennifer Cameron – Shannon, Gracey, Ratliff & Miller, LLP Shelley Davis – Fort Worth Transportation Authority Mae Ferguson – Sister Cities International Tracy Gilmour – Sundance Square Michelle Gutt – City of Fort Worth Alana Long – Williams Trew Lisa Miller – J.O. Design Monique Purdon – Downtown Resident Tawney Smith – T&P Lofts Mitch Whitten – Fort Worth Convention & Visitors Bureau Jason Wise – Performing Arts Fort Worth, Inc. Donna Young – Fort Worth Downtown Neighborhood Alliance

In April 2016, DFWI launched a newly designed, mobile-friendly website at dfwi.org. The site offers map-enabled interactive content that allows users to explore Downtown and see nearby attractions, parking, events and related news stories. The interconnectivity of the site allows users to easily navigate Downtown’s offerings.

4th Annual Main Table

Main Table

DFWI planned the 4th Annual Main Table fundraiser for Sunday, Sept. 25, 2016. The dinner for nearly 500 people was to be held on beautiful Main Street, to showcase five of Downtown’s premier restaurants – Del Frisco’s Double Eagle Steak House, Grace, Reata Restaurant, Ruth’s Chris Steak House and The Capital Grille – in an al fresco setting. The Texas weather did not cooperate with us this year and forced the soldout crowd indoors. All five of the restaurants made modifications to their spaces to accommodate their 100 DFWI guests, proving top-notch service and incredible steak dinners. Rain or shine, we have a good time! Main Table Premier Chef Sponsors:

Burnett Park Through a grant from The Burnett Foundation, DFWII provides the administration, management, maintenance and landscaping for Burnett Park. In 2016, Burnett Park, with additional funding from Burnett Plaza, held several programming events and initiatives that encouraged Downtown residents, building tenants and Downtown workers to enjoy the free and accessible outdoor space. In the spring, free bootcamp classes were provided by the Amon G. Carter Downtown YMCA, along with weekly tai chi classes provided by Huckabee. To further promote a fitness initiative, DFWII partnered with the Ronald McDonald House, Fort Worth Bike Share, Zyn 22, Blue Zones, the Cowtown Marathon and FitWorth to create a “Fit Friyay” event, which included educational opportunities, a cycle-a-thon including Mayor Betsy Price and more. In the fall, Burnett Park was the site of the annual 9/11 Stair Climb hosted by the Sons of the Flag.

MAIN ST. Fort Worth Arts Festival 2016 ZENITH AWARD WINNER

Crowds celebrated the city’s love of fine art in all its forms at the 31st MAIN ST. Fort Worth Arts Festival presented by Blue Moon and Andrews Distributing Company of Fort Worth. Held April 14–17, 2016, more than 200 juried artists displayed a wide-ranging collection of handmade art to appreciative audiences along Main Street and in beautiful Sundance Square Plaza. Numerous educational opportunities were provided for young people, including the Young People’s Art Fair presented by Tarrant County College and MAIN ST. Creates! presented by Wells Fargo. Four music stages brought an eclectic blend of rock, blues and pop to the streets of Downtown, including the UT Arlington MAIN Stage, the Sundance Square Stage, the Frost “Locals Only” Stage as well as the MAIN ST. Fort Worth Arts Festival incredible performing arts showcase presented by Squonk Opera on the Star-Telegram Stage.

Downtown’s MAIN event is made possible each year by scores of volunteers and sponsors. A special thank you is owed to our 2016 Festivals and Events Advisory Committee chair, Larry Anfin, as well as the entire committee and the Event Management Team.

XTO Energy Parade of Lights

A beautiful cool evening was perfect for the 34th annual XTO Energy Parade of Lights, held on Nov. 20, 2016. One hundred and twenty-six entries from schools, nonprofit and commercial organizations, churches and community groups made Downtown Fort Worth’s holiday parade a treat for the whole family.

The theme of the 2016 parade was The Melodies of Christmas. More than 10,000 Street Seats were sold to parade goers and thousands more viewed for free along the 1.5-mile parade route throughout Downtown. Professionally produced floats decorated with LED lights dazzled the crowd, and the arrival of Santa and Mrs. Claus brought the parade to a spirited close. This year’s Grand Marshal was Fort Worth police Officer Matt Pearce, who recently returned to duty after he was shot in March.

Objective: Objective: Support retail development, expand current ground floor retail activity in underutilized buildings in and immediately surrounding the Downtown core. Develop a merchandising plan and strategy for Downtown

FESTIVALS & EVENTS ADVISORY COMMITTEE Becky Renfro Borbolla, Chair – Renfro Foods, Inc. Marilyn Ackmann – Atmos Energy Ryan Akins – Dale Carnegie Training Larry Anfin – K & L Enterprises, Inc. Carlos De La Torre – De La Torre Companies Scott Eames – Capital One Dave Fulton – Hilton Fort Worth Hotel Marilyn Gilbert – Fort Worth Chamber of Commerce Tracy Gilmour – Sundance Square Glen W. Hahn – Innovative Developers, Inc. Marie Holliday, DMD – Flowers to Go in Sundance Square Bruce Mangual – Hilton Fort Worth Hotel Richard Maxwell – Pavlov Agency Carolann Morris – Inwood Bank Nina Petty – Tarrant County College District Richard Ruddell – Community Volunteer Gloria Starling – The Capital Grille Mitch Whitten – Fort Worth CVB CHAIRMAN’S COUNCIL Gary Cumbie – The Cumbie Consultancy Lynda Tiedtke – Community Volunteer

ICSC RECon DFWI partners with Sundance Square, the Fort Worth Chamber of Commerce and the City of Fort Worth to promote Downtown Fort Worth as a shopping destination to retailers at ICSC RECon, the world’s largest real estate convention. Over 35,000 retail professionals attend the three-day convention in Las Vegas. DFWI’s State of Downtown and other research materials are distributed.

TRANSPORTATION Vision Downtown should be a vibrant and sustainable environment, where people of all ages and mobility choices can be accommodated efficiently and safely. Downtown Fort Worth should: • Be the regional multimodal transportation hub for Fort Worth and Tarrant County. • Serve as the gateway for those arriving into Fort Worth. • Fully integrate pedestrian, transit, automobiles, and bicycle infrastructure and networks within the Downtown core. • Have substantial linkages connecting to both the region and surrounding neighborhoods.

Objective: Adopt a regional rail plan and develop a comprehensive regional transit plan.

TEX Rail

TEX Rail Funding Announcement

In December, TEXRail was awarded a $499 million federal grant from the Transportation Department’s Federal Transit Administration. This grant secured the final funding needed for the 27-mile commuter rail connecting Downtown Fort Worth and DFW Airport. TEXRail is set to open in late 2018.

Objective: Develop a comprehensive central city transit strategy and system that connects regional rail at the ITC and the T&P Station through Downtown to the surrounding communities in conjunction with a regional transit plan.

Fort Worth Transportation Authority Master Plan The Fort Worth Transportation Authority (FWTA) released its Master Plan in early 2016, which was the result of a year-long planning effort. The five-year action plan focuses on improving existing service to provide more frequent service, to improve connections and to expand current service areas. The FWTA implemented more frequent service of the Trinity Railway Express and a new bus route connecting Downtown Fort Worth and Denton with stops in the Alliance area in 2016. Plans for an expansion of Molly the Trolley are being considered by the FWTA.

Hemphill-Lamar Connector The Hemphill/Lamar connector project was given new life in 2016 as the North Central Texas Council of Governments (NCTCOG) identified savings and funding resources to help bridge the construction funding gap. The city, Tarrant County and the NCTCOG are working this spring to finalize the details of a funding plan to allow construction to start in 2017.

TRANSPORTATION

Bike Plan and Bike Share

55,841 19,662

Trips taken by Fort Worth Bike Share riders

Bikes checked out of Downtown stations in 2016

MILLION CALORIES

Riders burned in 2016

286,000 Miles ridden by over 27,000 users in 2016.

Bike Plan and Bike Share DFWI continues to support Fort Worth Bike Sharing (FWBS) through an annual sponsorship of $10,000 to support the 19 Downtown Bike Share locations as well as representation on the FWBS Board of Directors. FWBS launched its system in April 2013 with 35 stations and 300 bikes. FWBS now has 45 stations and 350 bikes throughout the city. The system helps residents and visitors in Downtown Fort Worth make the last-mile connection to other districts including the Near Southside, the Cultural District, the Historic Stockyards, the TCU campus area and the Trinity River. Downtown stations continue to be among the most popular in the system with Sundance Square South, Sundance Square North, Omni Hotel Fort Worth, Trinity Uptown, Weatherford & Main, City Hall, Belknap & Taylor and FTS International at 777 Main all ranking in top 20 stations for bike checkouts.

Active Transportation Plan The City of Fort Worth is partnering with the North Central Texas Council of Governments to create an Active Transportation Plan. The plan organizes and prioritizes improvements for people who walk, bike and use transit. This plan will update the Bike Fort Worth Plan and Walk Fort Worth Plan, create a trail master plan and integrate the Fort Worth Transportation Authority’s Master Plan. Consultant selection is anticipated in summer 2017 with completion estimated winter 2018.

Bike-Friendly Designation The City of Fort Worth received a Bronze Bicycle Friendly Community designation from the League of American Bicyclists. LAB sets the standards and benchmarks for creating a bicycling culture and environments that make a great place for cycling

I-35 Construction of the TEXpress managed lanes and expanded Interstate 35 continued at full speed in 2016 with the project reaching 63% completion. The roadway geometry will change significantly with the addition of new TEXpress managed lanes, overpasses and reconfigured exits leading into and out of Downtown. Work began on the recently added direct connecter ramps to the TEXpress managed lanes from Weatherford and Belknap streets. The newly constructed northbound 35W loop into Downtown/Spur 280 reopened while the southbound exit to Spur 280 was closed long term in order to construct new southbound lanes. The construction of I-35 in Downtown vicinity is expected to be complete in 2018.

Objective: In conjunction with the Urban Design objectives, work to advocate and ensure all streets and trails in Downtown are pedestrian-friendly. Use walkability improvements as a tool to create connections between the Downtown core and other developed areas. This will require a commitment that extends beyond the term of this 10-year plan.

Micallef Initiative Following an unfortunate wrong-way accident that involved Downtown’s own Mike Micallef as a pedestrian, city officials, DFWI staff and the Downtown business community have come together to reduce the number of drivers who travel the wrong way down one-way streets. The Transportation and Public Works staff have identified key intersections where “Wrong Way” and “Do Not Enter” messages are needed. Staff are also working to elevate and standardize One Way signage throughout Downtown.

TRANSPORTATION

10th Street Pedestrian and Bike Improvements DFWI and other partners are working with the City to enhance the trail connection from Downtown to the Trinity Trail system. The current proposal is to install a sidewalk from 10th to Fournier, an enhanced pedestrian crossing at Forest Park, and an on-street trail from the trailhead at 10th Street to Penn Street. The work is funded through the 2014 Bond Program. The project is currently under review by stakeholders and anticipated to begin construction in spring/summer 2017.

1st Street Improvements BNSF funded $750,000 from the Tower 55 At-Grade Improvements project to help mitigate the closure of 1st Street. DFWI has been working with design-build team, The Fain Group, Inc., and Kimley-Horn. Plans include a new sidewalk, lighting and landscaping between 1st and 2nd streets, pedestrian safety improvements at the intersection of Crump and 3rd streets, and an expanded sidewalk with lighting under the 3rd Street BNSF bridge. Construction is expected to begin in the spring of 2017 and be complete by the summer of 2017.

Objective: Encourage more efficient and customer-oriented approach to on-street parking and use of parking garages.

Pay for Parking On-the-Go In January 2016, the City of Fort Worth launched a new smartphone app that allows drivers to pay for parking at 2,700 metered spaces around the city from their mobile phones. The app sends alerts 15 minutes before the meter expires and allows users to add more time to the meters when allowed.

Free Public Parking The Downtown TIF leases space in six private garages to provide free public parking to support Downtown’s retail, dining and entertainment venues. The TIF has 4,121 free evening/weekend parking spaces open to the general public in those garages. The TIF has obligated funds to ensure ample free night/weekend parking through 2025. •

Sixty-four 2½-hour free spaces are available in the Sundance Square 3rd Street garage for patrons of the Fort Worth Library with library validation.

•

One hundred 2½-hour-free daytime parking spaces with validation and 500 free evening/weekend spaces are available in the City Place north garage.

•

Two hundred and fifty free evening/weekend spaces are available in the Tarrant County Family Law garage.

• In addition to the free daytime parking options, the TIF offers more than 4,000 free evening and weekend parking spaces to the general public. Free and pay public parking options can be found at www.fortworthparking.com. A newly designed, responsive website will launch in 2017.

URBAN DESIGN, OPEN SPACE AND PUBLIC ART Vision Downtown’s urban design, open spaces and public art should promote community pride and engagement, attract national and international acclaim, add vitality and foster intellectual stimulation. It should reinforce activity both day and night by providing a high-quality environment defined by intriguing design and arts, permanent and temporary, contemporary and historic.

The public realm of Downtown should: • • • •

Be clean and feel safe Be walkable with engaging pedestrian rhythm Be everybody’s neighborhood Be highly appealing to all ages

• Be connected • Be fun and creative • Provide an environment that encourages relationships and partnerships • Be timeless

Objective: Encourage high-quality overall design of Downtown.

Downtown Design Standards

Design review committee meeting

In December 2016, the City of Fort Worth approved and adopted revised standards for Downtown. The new standards include an update to address areas of concern and an expansion area of 740 acres to the north and east of the Central Business District. The new expansion provides a level of design oversight for the community. DFWI and city staff facilitated a number of public forums with the Greenway Neighborhood Association, the Samuels Avenue and Rock Island Neighborhood Association and the industrial property owners in the new expansion areas. The City of Fort Worth worked closely with DFWI staff and the Design Review Committee to review approximately 180 Downtown Design Review Board (DDRB) cases, 151 of which were approved administratively. The DFWI Design Review Committee provides recommendations to cases that need DDRB approval.

DFWI DESIGN REVIEW COMMITTEE Raul Pena, Chair – TranSystems Michael Bennett – Bennett Benner Partners Jerry Bolz – Worth Commercial Real Estate Henry Borbolla – Ciera Bank Christopher Brim – Jacobs Johnny Campbell – Sundance Square Nathan Carruth – Jacobs Jack Clark – Red Oak Realty Mark Dabney – Boka Powell Melissa Graham – 777 Main Michael Hoffer – Hanfeld Hoffer Stanford Ryan Johnson – Good Hope Development, LLC Karl Komatsu – Kamatsu Architecture Nina Petty – Tarrant County College District Joy Webster – MorningStar Oil & Gas Jeff Whitacre – Kimley Horne James Yu – Pape Dawson

< DUDD expansion is illustrated in red.

URBAN DESIGN, OPEN SPACE AND PUBLIC ART

Objective: Increase the prominence and usefulness of Downtown open spaces and parks and create new park and green space opportunities.

Parks Dedication Policy DFWI has been providing feedback to the City of Fort Worth’s Parks & Recreation Department regarding the Neighborhood and Community Park Dedication Policy. The policy is expected to provide additional park and recreation facilities as new residential developments are built.

Heritage Plaza In 2016, DFWII’s design team, Studio Outside and Bennett Benner Partners, worked with stakeholders to refine design decisions and finalize Heritage Plaza construction documents. In addition, Freese and Nichols, Inc., joined the team to study a possible realignment of Main Street at Belknap in anticipation of a larger vision for Heritage Park Plaza connecting into Downtown and the Trinity River. Funds for the construction documents, the preliminary engineering, and the conceptual master plan for the area were provided by the Amon G. Carter Foundation, Streams and Valleys and the Sid Richardson Foundation. The city’s 2014 Bond Package provides $1.5 million for construction of the Plaza and the Downtown Tax Incremental Financing District (TIF) allocated up to $1 million. It is anticipated that the total project that includes the road realignment and other improvements to adjacent areas may be up to $20 million.

URBAN DESIGN COMMITTEE

Michael Bennett, Chair – Bennett Benner Partners Robert G. Adams - Robert Gordon Adams, AIA Louise Appleman – Tarrant County College Andrew Blake - Presidio Interests Mike Brennan – Near Southside, Inc. Johnny Campbell – Sundance Square Shanna Cate - Trinity River Vision Authority Jenny Conn – Fort Worth Public Art Marty Craddock - Community Volunteer Ames Fender – Fender Archirtects JD Granger - Trinity River Vision Authority Judy Harman – Scenic Fort Worth Randle Harwood – City of Fort Worth Michael Hennig – City of Fort Worth Michael Hoffer - Hahnfeld Hoffer Stanford Randy Hutcheson – City of Fort Worth Karl A. Komatsu – Komatsu Architecture Kirk Millican – Freese & Nichols Aaron W. Nathan - Kimley-Horn and Associates, Inc. Alesha Niedziela - AIA Fort Worth Martha Peters - Arts Council of Fort Worth & Tarrant County Elaine Petrus – Community Volunteer David Phillips – Tarrant County Stacey Pierce - Streams and Valleys, Inc. John W. Pollio, Jr. – XTO Energy Inc. Jim Richards – Townscape, Inc. Randy Sorenson – Jacobs Sevanne Steiner – City of Fort Worth Joy Webster - MorningStar Capital Sandra Youngblood - Fort Worth Parks and Community Services Richard Zavala - Fort Worth Parks and Community Services 18

Objective: Build on Downtown Fort Worth’s reputation as a premier urban design environment, showcasing the advantages of good design and harnessing educational resources.

Community Design Studio Fort Worth The Community Design Studio Fort Worth (CDSFW) was strategic about its growth and organizational capacity in its first year. Students from UTA worked closely with board members to take a conceptual look at challenges and opportunities along University Drive from the I-30 corridor to the TCU campus, with initial funding provided by local foundations and project stakeholders. In 2017, the Community Design Studio hopes to help illustrate and partner with organizations on other opportunities throughout Fort Worth. DFWI provided initial funding for CDSFW. The organization’s mission is to be a resource to municipalities, communities and citizens of Fort Worth and North Texas to define, understand and promote concepts of design excellence for the built environment and the public realm. The design studio constituents will also include those typically left out of the planning process.

Objective:

Encourage the installation of public art throughout Downtown.

Public Art Master Plan Fort Worth Public Art has launched an update of their Master Plan, adopted by the City Council in 2003. In June 2016, Fort Worth City Council authorized an agreement with a consultant team. The Urban Design Committee will continue to provide information and feedback during the process.

PUBLIC IMPROVEMENT DISTRICTS #1 & #14 The Fort Worth Public Improvement District (PID #1), founded and administered by DFWI, offers a comprehensive program of services including maintenance and landscaping, security enhancements, market research, public space management, communications and marketing, transportation solutions and planning.

PID#1 ADVISORY BOARD

PID #1 Maintenance and Landscaping PID #1 contractors provide approximately 150 man-hours of streetscape maintenance each day. Sidewalks are tended to on a daily basis with high-pressure washers and hand sweeping. Light poles and benches are painted, graffiti and stickers are removed, trees are trimmed, tree lights installed, grackles and other migratory birds are relocated, grass is mowed, garbage is removed, and other jobs are performed to keep Downtown’s cleanliness and appeal at the highest level.

Acres

Six-man team power washes 1,509,500 square feet per week

5.25

Cubic Yards

Debris collected weekly (enough to fill 15 dump trucks annualy).

72 Miles Of Downtown streets swept weekly

Jed Wagenknecht, Chair – Downtown Fort Worth Blackstone Courtyard Rita Aves – Oil & Gas Building Carma Bohannon – Mallick Tower Johnny Campbell – Sundance Square Sabrina Carter – Starpoint Commercial Properties, LLC Gary Cumbie – The Cumbie Consultancy Ryan Delaney – Hines Interests, L.P. Jim Finley – Finley Resources Inc. Dave Fulton – Hilton Fort Worth Hotel Taylor Gandy – Ron Investments, Ltd Suzan Greene – ONCOR Electric Delivery Marie Holliday, DMD – Flowers to Go in Sundance Square Chris Jeans – XTO Energy Julie Jones – Chesapeake Energy Corporation John Klukan – The Worthington Renaissance Fort Worth Hotel Walter Littlejohn – The Fort Worth Club Michelle Lynn – Building Owners & Managers Association Renee Massey – Red Oak Realty Allison Millington – TIER REIT Tom Struhs – Struhs Construction Joy Webster – MorningStar Capital PID #14 ADVISORY BOARD Tim Hayes – Villa De Leon HOA President Amy Laws – Lincoln Property Company Tom Struhs – Struhs Construction

Spring Landscape Planting PID #1 crews are responsible for the care and maintenance of 12,300 square feet of planters. Seventy-two thousand plants are planted annually.

Security Enhancement PID #1 funds and provides support for a number of security enhancement programs, including the Downtown Fort Worth Police Mounted Patrol Unit, Operation Partnership Security Network and the Citizens Support Group for the Bicycle Patrol. This year the Support Group has funded thousands of dollars in bicycles and gear for the Downtown bicycle unit, including new bike-friendly uniforms for the officers. DFWI staff serve on the Fort Worth Police Bike Support Group and the Downtown Security Group.

PID #1 PID #14 Downtown TIF Lancaster TIF

PID #1 Work Plan Committee A subcommittee of the PID Advisory Board was created to identify Downtown enhancement opportunities for public spaces and the pedestrian realm. The PID Work Plan committee has walked several blocks of Downtown as a conventioneer would walk from the Convention Center to Sundance Square Plaza and has spent time riding Molly the Trolley. Marketing opportunities, landscaping, public art, sidewalk enhancements, lighting, and ground floor retail opportunities have all been identified as potential projects to consider in 2017. PID #1 Work Plan Committee

Downtown Banner Program The Downtown Banner Program administered by DFWIâ&#x20AC;&#x2122;s Marketing Department provides display space on Main, Houston and Throckmorton streets. The program offers nonprofit organizations an opportunity to reach the thousands of people who live, work and play in Downtown daily. In 2016, 41 organizations participated in the program.

General Worth Square and the JFK Tribute PID #1 provides maintenance and landscaping services for General Worth Square and the JFK Tribute in Fort Worth. Maintenance and repairs to the JFK Tribute are funded through a private endowment established for the tribute at the time of construction. In 2016, with the help of KOBI Electric, 48 new LED T8 lamps replaced outdated fluorescent lighting. The new LED lamps will effectively double the life of the fluorescent lamps that were previously being used.

FW DNA Facilitated by DFWI and PID #1, the Fort Worth Downtown Neighborhood Alliance (FW DNA) continues to be instrumental in keeping Downtown residents informed and involved with events and initiatives. In 2016, the FW DNA held a number of events and worked to continually involve Downtown businesses and expose residents to everything the Downtown community has to offer. Event locations included Studio Eighty, Acre Distillery, the Petroleum Club, City Club, and the Omni Hotel. 20

PID #14 Fort Worth Improvement District #14 was established in June 2009. District contractors provide sidewalk maintenance and supplemental weekly trash pickup across the 33 acres of PID 14. The PID also provides brackets and banners on the light poles that identify the neighborhood as “Uptown Fort Worth.”

City Blocks

140 Hotel Rooms

279

Residential units

600

Linear feet of tree lights installed in 30 trees along Samuels Avenue

HOMELESSNESS Sheltered and unsheltered homelessness were issues in 2016.

Sheltered: In December, The Fort Worth Foundation opened its new facility, True Worth Place. This remarkable $10-million building replaces the smaller and less functional (and now demolished) Day Resource Center (DRC) building on Lancaster Avenue. True Worth Place provides personal care and refuge services formerly provided by the DRC and will provide office space for service agencies that deal directly with ending homelessness. True Worth Place is located on East Presidio St., adjacent to the Presbyterian Night Shelter (PNS). PNS now owns and manages True Worth Place. The PNS opened a new facility for single women with children. This new 40-unit supportive housing development is designed to transition families from homeless- True Worth Place Tour ness to home and offers a commercial kitchen where work skills can be learned. Office space is dedicated for partners directed toward self-sufficiency, including Cook Children’s Medical Center, the Women’s Center of Tarrant County and the Fort Worth ISD. As of the time of this report, the PNS women’s facility was fully occupied.

Unsheltered: The closure of homeless camps in Dallas, construction of interstates and removal of urban wooded areas along the construction routes led to an increase in homeless camping throughout Fort Worth. Downtown was no exception. DFWI worked with the City of Fort Worth, Tarrant County, the Tarrant County Sheriff, Tarrant Regional Water District, other public agencies and private security providers to identify camp sites, meet with the campers, direct them to homeless care providers and discourage them from trespassing. This ongoing effort has been largely successful. Panhandling also emerged as a topic of citywide concern. DFWI worked with the Fort Worth police department, private security groups and business owners to actively address this issue.

DFWI encourages people who want to help those in need. The best way to help is to donate to agencies that actively end homelessness. giving money to panhandlers rewards antisocial behavior and often funds the chronic, underlying problems that plague vulnerable people. 21

MEMBERSHIP DFWI is a member-driven, not-for-profit organization. Member leadership is the core of DFWI’s effectiveness and the organization relies on member participation. Membership is an opportunity for Downtown stakeholders, businesses, property owners, retailers, nonprofit organizations and individuals to support the vitality of Downtown Fort Worth.

Annual Meeting - On March 8, 2016, over 450 leading business, government and industry professionals attended DFWI’s 34th Annual Meeting and Trailblazer Awards Ceremony presented by Mary Margaret Davis Real Estate Team at the Omni Fort Worth Hotel. The meeting included a performance by the Fort Worth Opera and performances by DFWI members in a fashion show to welcome H&M to Downtown. The Downtown Trailblazer Awards celebrate outstanding leadership, achievement and contributions to Downtown.

President’s Award – Fort Worth Bike Sharing Pioneer Spirit Award – Acre Distillery Unsung Hero Award – Brian Luenser Urban Design Award – Lincoln Property Company Marketing and Promotion Award – Sundance Square Valet Program Sustaining Members Jack Clark, Chair * Red Oak Realty Ryan M. Akins * Dale Carnegie Training Michael Appleman * Cantey Hanger LLP Matthew Avila * Thos. S. Byrne, Ltd. Tyler Baker * Hines Paul Ballard * Fort Worth Transportation Authority Edward P. Bass * Fine Line Diversified Development Robert M. Bass * Keystone Group, L.P. Richard T. Baumeister, Jr. * CliftonLarsonAllen, LLP Michael Bennett * BENNETT BENNER PARTNERS Greg Bird * Jetta Operating Company, Inc. Johnny Campbell * Sundance Square Sabrina Carter * Starpoint Commercial Properties, LLC Richard Casarez * ONCOR Electric Delivery

* DFWI and DFWII Board of Directors

Preservation, Adaptive Reuse and Sustainable Design Award – Tarrant County Placemaking Award – Sundance Square Plaza Christmas and New Year’s Eve Celebration Chairman’s Award – Wings of the City

Todd Collinsworth * Mutual of Omaha Bank

Walter Littlejohn * The Fort Worth Club

Jeff Davis * Republic Title of Fort Worth

Patrick McFarlin, P.E. * JACOBS

Scott Eames * Capital One Bank

Pati Meadows * Kelly Hart & Hallman LLP

Douglas K. Eller * Chase

Charles Milliken * Decker, Jones, McMackin, McClane, Hall & Bates, P.C.

Jim Finley * Finley Resources Inc. Dave Fulton * Hilton Fort Worth Hotel Melissa Graham * 777 Main Steve Hambrick * PlainsCapital Bank Brian E. Happel * BBVA Compass Josh Heidenreich * Omni Fort Worth Hotel Donald P. Hellman * Comerica Bank Chris Jeans * XTO Energy Inc. Sherry Key * Wells Fargo Karl Komatsu * Komatsu Architecture Mark Linenberger * LINBECK

DFWI’s H&M Fashion Show

Allison Millington * TIER REIT Robert Molloy * Southwest Bank Wade T. Nowlin * Hub International Rigg Michael R. Pavell * Bank of America Nina Petty * Tarrant County College District Jon M. Ruff * Spire Realty Group, LP Robert W. Semple * Bank of Texas Gloria Starling * The Capital Grille Fort Worth Robbie Tawil * The Worthington Renaissance Fort Worth Hotel Gary Wortel * Fort Worth Star-Telegram

Affiliate Members Scott Lemmon TIER REIT Mark McClendon Tarrant County College District Kurt Schaal Capital One Bank Corporate Members Henry Borbolla * Ciera Bank Eddie Broussard * Texas Capital Bank David Campbell * Huitt-Zollars, Inc. Susan Grawe * Balfour Beatty Construction, LLC Paul Johnson * Shannon, Gracey, Ratliff & Miller, LLP Brian Lynch * Ben E. Keith Company Rachel Marker Arcturis Monty Mohon * UNTHSC Martin Noto * First Financial Bank, N.A. Justin Rutledge * BB&T Brent Sparks * HKS, INC.

John Yeung * Sheraton Fort Worth Hotel and Spa

Robert L. Herchert Freese and Nichols, Inc.

General Members

Clay Humphries * J. C. Pace, Ltd.

Marilyn Ackmann Atmos Energy Neils Agather The Burnett Companies Stewart Alcorn Frost Bank Peter Bennis Pinnacle Bank Mike Berry Hillwood Properties Robbie Briggs Briggs Freeman Claire Brunner Enilon Tim K. Bruster * First United Methodist Church Janice Carter Deloitte & Touche Tim Carter Southside Bank Joseph DeWoody Clear Fork Royalty Dee Finley, Jr. Harris, Finley & Bogle, P.C. Brad Forsberg KPMG LLP Susan Fortney * Texas A&M University School of Law Taylor Gandy Ron Investments, Ltd Noelle Garsek Winstead PC Robert L. Ginsburg McDonald Sanders, PC Albon Head Jackson Walker, L.L.P. Patrick Hebrard-Bopp Petroleum Club of Fort Worth

Trish Jones * GM Financial Dione Kennedy * Performing Arts Fort Worth, Inc. Luther King Luther King Capital Management Tommy D. Lawler Weaver Kaye Miller Pier 1 Imports, Inc. Carolann Morris Inwood National Bank Greg Morse * Worthington National Bank Stan O'Neil Legacy Texas Bank Robert Park Klabzuba Companies Raul Pena, III, PE * TranSystems John H. Robinson Amon G. Carter Foundation Whit Smith The Whitney Smith Company, Inc. Gina Tankersley Anchor Roofing Systems Leo Taylor Wortham Insurance & Risk Management

Associate Members Nafees Alam Wild Salsa Larry Anfin * K&L Enterprises, Inc. Brad Barnes Fort Worth Stock Show & Rodeo Brandon Barnett Barnett Howard & Williams PLLC Robert D. Benda Westwood Contractors, Inc. Victor J. Boschini, Jr. Texas Christian University Shane Hesters Jordan Foster Construction Naomi Byrne Fort Worth Housing Solutions Nick Calk Ardent Creative, Inc. Misti Callicott Reata Restaurant Rhett Caraway Fort Worth Window Cleaning Wayne Carson ACH Child and Family Services Rachel Cassant TownePlace Suites by Marriott Monty Clegg Lockheed Martin Armed Forces Bowl Linda Cox Hillside Apartments Mark Dabney BOKA Powell

Jed Wagenknecht * Downtown Fort Worth Blackstone Courtyard

Scott Daniels ASI Business Solutions

Allen Wallach PAVLOV Advertising, LLC

Mary Margaret Davis Mary Margaret Davis Real Estate Team

Joy Webster * MorningStar Capital

John C. Downie Downie Productions, Inc. Antonio Garcia The Christmas Light Company, Inc.

J.A. Garrison, CPA J.A. Garrison & Co., CPA's Randall Gideon Gideon Holdings J.D. Granger Trinity River Vision Authority Craig Gutow Benbrooke Realty Investment Company Craig Hale HFA Craig Harbuck Higginbotham & Associates, Inc. Jennifer Henderson J.O. Design Barney B. Holland, Jr. Barney Holland Oil Company Marie Holliday, DMD Flowers to Go in Sundance Square Paul Huang Richland Real Estate E. Randall Hudson III Javelina Partners John Humphrey Cockrell Enovation Andrew Ickert, PE, CFM Halff Associates, Inc. JoAnn M. Jensen New York Life Adam Jones Grace and Little Red Wasp Greg Kalina Del Frisco's Double Eagle Steakhouse Carol Klocek Center for Transforming Lives Seth Koschak Stream Realty Partners John Langston Panther Capital Group Bill Lawrence Lawrence & Associates 23

Paul Lindenberger Platinum Parking

Steve Ruse, P.E., LEED AP Summit Consultants, Inc.

Ben D. Loughry Integra Realty Resources DFW

Robert C. Sanger EECU

Don Marable Edward Jones Investments

Tony Shuman YMCA of Metropolitan Fort Worth

Mike Moncrief Moncrief Investments

Frederick Slabach Texas Wesleyan University

Peggie Muir City Club of Fort Worth

Jim Sluck US Vision Care

Steve Murrin, Jr. River Ranch at the Stockyards

Tawney Smith Texas & Pacific Lofts

Will Northern Northern Realty Group, LLC

Tom L. Struhs Struhs Construction

Leslie Oliver The Fort Worth Public Library Foundation

Jeffrey Taylor, P.E. Dunaway Associates, L.P.

Jim Parr JWPPartners LLC Lee D. Patterson * Trinity Terrace Gladys Pinkerton Pinkerton Design Scott Polikov Gateway Planning Group, Inc. Trent Prim PRIM Construction Stephanie Reed Ruthâ&#x20AC;&#x2122;s Chris Steak House Becky Renfro Borbolla * Renfro Foods, Inc. Chris Rodgers St. Paul Lutheran Church Lee O. Rogers The Rogers Group: Advertising Van Romans Fort Worth Museum of Science & History Michael P. Roundtree Zebra Crossing, LLC JoAnn Royer Williams Trew Real Estate Services 24

Directors Emeritus L.O. ''Buzz'' Brightbill, III Southwest Bank Gary W. Cumbie The Cumbie Consultancy Taylor Gandy Ron Investments, Inc. Allan Howeth Cantey Hanger, LLP John V. Roach Roach Enterprises Terrence J. Ryan Southwest Bank Greg Upp Consultant Ex-Officio

Caroline Thomas Origin Bank Erin Vader Nolan Catholic High School Douglas L. Varner, P.E. CDM Smith

Mae Ferguson Fort Worth Sister Cities International John Hernandez Fort Worth Hispanic Chamber of Commerce

Bryan Wagner Wagner Oil Company

Marie Holliday, DMD Fort Worth Metropolitan Black Chamber of Commerce

Mike West UT Arlington Fort Worth Higher Education Center

Robert L. Jameson Fort Worth Convention & Visitors Bureau

George Westby Quick Park - A West by Southwest Company

Michelle Lynn Building Owners & Managers Association

Jeff Whitacre Kimley-Horn and Associates, Inc.

Stacy Marshall Southeast Fort Worth, Inc.

Heather Williamson Fort Worth Westview Condominiums C/O BPMI

Paul Paine Fort Worth South, Inc.

Diane Willingham Flying Saucer Tim D. Young Fort Worth Texas Real Estate James Yu Pape-Dawson Engineers, Inc.

Bill Thornton Fort Worth Chamber of Commerce Donna Young Fort Worth Downtown Neighborhood Alliance

DFWI Staff Andrew Taft President Matt Beard Director of Public Improvements Cleshia Butler Administrative Assistant Jay Downie Event Producer Becky Fetty Director of Marketing & Membership Brandi Huckabee Controller Melissa Konur Director of Planning Arrie Mitchell Director of Research Taylor Qualls Marketing and Special Projects Manager Carole Robinson Executive Assistant/ Office Manager

FINANCIALS 2016 Downtown Fort Worth, Inc. - 501(c)(6)

Downtown Fort Worth Initiatives, Inc. - 501(c)(3)

Revenues:

DFWI Administration

TIF Administration

724,775

Festivals & Events

124,652

Downtown Parks/Public Art

853,593

Sante Fe Freight House

405,096

TIF Board

5,596,015

PID #1

2,180,283

PID #14

Housing

43,874

Total

106,673

Net Investments

$ 8,669,599

Total

2,214,967

90,011 $

3,670,340

2,294,488

Expenses: DFWI Administration

Expenses:

701,100 124,652

Festivals & Events

TIF Board Obligations

5,596,015

Downtown Parks*

563,566

PID#1

2,180,283

Sante Fe Freight House

405,096

Housing

128,042

TIF Administration

PID#14

43,874

Total

$ 8,645,924 $

Net Income

23,675

Net Income

3,391,192

279,148

REVENUES DFWI Administration

8.4%

Festivals & Events

60.3%

TIF Administration

1.4%

Downtown Parks

23.3% 11.0%

TIF Board Obligations

64.5%

Santa Fe Freight House

PID #1

25.2%

Housing

3.0%

PID #4

.5%

Investments

2.4%

Special thanks to Brian Luenser, Geno Loro, Sundance Square, and Joseph Haubert for their photography.

annual report 2016

19 16 14

13 12

10 5 7

25 9

26 6