Central Arlington Heights Property Acquisition & Drainage Improvements

  • Project typeDrainage Improvements
  • Project value$7,168,000
Drainage Improvements

November 25, 2024 Update

The 8 City owned properties on Western and Carleton should be officially listed in the MLS this coming weekend and will be added to the broker’s webpage at https://reflectrealestate.com/arlingtonheights

Once these are listed, feel free to share the posting with residents and developers that might be interested in these properties.

 

As a reminder, the properties will be sold individually and listed for 90-days so it is anticipated the listing timeframe will end Feb. 28, 2025.  Per legal requirements, which come into play when working with a broker, each property will sold to the highest bidder.  Once the listings close and the highest bidder for each individual property is identified, each property will be taken to City Council in the March/April timeframe for approval to sell with closings anticipated in the May/June timeframe.

 

October 23, 2024 Update

Through the voluntary Broker Request for Qualifications process, we have identified a broker, Dave Sheehan, that we are currently getting under contract to help us sell our 8 properties on Western and Carleton avenue.  Dave is a broker and owner of Reflect Real Estate (reflectrealestate.com) and has been a licensed real estate broker since 2018 and a licensed agent since 2013.  Dave has represented over 250 clients buying and selling residential and commercial properties across North Texas, with the majority of his work concentrated in Tarrant County.  Dave has experience helping clients buy and sell homes in historic Fort Worth neighborhoods such as Mistletoe Heights, Fairmount, and Oakhurst, which will be helpful to buyers potentially interested in elevating and preserving the existing homes vs. demolishing and building new.  

We are targeting finalizing the broker agreement by the end of this month and having the properties listed for sale in November.  As mentioned in the last public meeting, we will list the properties for 90 days to allow ample time to market the properties and for potentially interested purchasers to make an informed decision about bidding on a property.  Working with a broker will make it easier for buyers to work directly with the broker to visit the sites to do their due diligence more easily before making an offer.  Dave will be helping us market the listing to targeted local, state, and national infill developers.  

 

Based on the work left to finalize the broker agreement and list the properties for sale, below are the new timeframe estimates for next steps.

• October- Finalize broker agreement

• November- List each of the 8 properties on Western and Carleton avenues for sale separately, for 90 days

• Feb- Identify buyers- as a reminder, per legal requirements which come into play when working with a broker, each property will sold to the highest bidder

• March/April- Take each property to City Council for approval to sell

• May/June- Closing

 

Once the properties are officially listed, we will reach out with another update and provide the listing information so the community can also help us market the properties.

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To learn more:

Project news

March 6, 2024

City Staff is continuing to gather information to share with Councilwoman Hill and our City management team to inform the City’s next steps regarding the sale of the nine City-owned homes on Western and Carleton.  We have not yet reached a decision, but hope to do so in the coming weeks as we understand that the community wants to know what will happen next.

As soon as we have information on next steps, we will be reaching out to communicate.


December 15, 2023

The City plans to move forward with the sale and redevelopment of the 9 Central Arlington Heights properties and will bring the request to City Council for approval of the sale in early 2024.   

The addresses of the properties are: 

• 2201/2203 Western Avenue, 2205 Western Avenue, 2213 Western Avenue, and 2221 Western Avenue

• 2212 Carleton Avenue, 2216 Carleton Avenue, 2220 Carleton Avenue, 2224 Carleton Avenue, and 2300 Carleton Avenue


These 9 properties were listed for sale on August 18, 2023, with a sealed bid deadline of November 30, 2023.  Due to the number of questions received from interested bidders, the bid deadline was extended one week and closed on December 7, 2023.  Ultimately, only one bid was received. It was for $100,000.00 from Groove Improvement, LLC.  The bidder proposes to elevate 8 of the 9 structures if technically or structurally feasible and in accordance with Secretary of the Interior Standards for the Treatment of Historic Properties.  The 9th structure, the newer slab-on-grade home at 2205 Western Avenue, is proposed to be demolished and rebuilt two feet above flood level.


The bid complies with the requirements outlined in the sealed bid purchase agreement and is higher than the appraised value of the property of -$819,031, which took into account the cost to redevelop the sites in accordance with the redevelopment requirements. 


The bidder plans to preserve as many of the existing trees as possible, as well as provide flood mitigation benefits through low impact development techniques, such as permeable paving, gutters connected to rain barrel/rain harvesting systems, rain gardens or bioswales, and French drains.  The developer is also committed to salvaging to the extent practicable.   


As a reminder, the redevelopment guidelines were informed from discussions with neighborhood residents and focused on: 

• Redeveloping the properties above flood risk (either by elevating the existing 9 structures, or demolishing and constructing new structures, at least 2 feet above the 100-year flood level, or a combination of the two), 

• Demonstrating how redevelopment will not increase flood risk to surrounding properties and how nearby properties will be protected during redevelopment,  

• Requiring new construction to have a similar look and feel to the existing homes in the area, and  

• Completing redevelopment within 48 months of closing 


As you may recall, the bids were to be scored and evaluated by both the City and a community stakeholder group.  Since only one bid was received and it fulfills the requirements of the bid package, review and evaluation by community stakeholders is not necessary. Before moving forward with redevelopment, the bidder will hold a community meeting to discuss their redevelopment plans with Western and Carleton Avenue property owners and any interested parties. 


As we get closer to bringing forward the formal request to sell the properties for redevelopment to City Council, we will provide the community with an update and the date of the planned Council action. 

  

This sale does not include 2209/2211 Western Avenue or 2217/2219 Western Avenue.  These properties were purchased with FEMA grant funding and have already been cleared of structures. They will never be permitted to have permanent structures on them per FEMA regulations. It is possible these two properties could be used as extensions of the yards of the adjacent properties in the future through an agreement with the City.  At this time, the City regularly maintains these properties. 


Design Standards and Guidelines

For additional information regarding this project, contact Project Manager Jennifer Dyke with the City of Fort Worth at 817-392-2714 or Jennifer.Dyke@fortworthtexas.gov.

Location

2300 Carleton Avenue, Fort Worth 76107  View Map

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