On the way down while other properties on the way up

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The old Lockheed Martin building in Westpoint is all but gone. Only a portion of the hull remains, and that will be gone in just days. Over the past several months, demolition workers have been sorting and hauling off the concrete and steel that once made this one of the most secure buildings in the country. In 1991, situated on 65 acres, Building 500 was a state-of-the-art 4-story facility. Still no word on what’s to come. Contact with the property owner only gets a “No comment” to all our questions, but we’ll keep trying.

For residents living in the Westpoint area of west Fort Worth, several large properties that have been vacant for years are now under contract to be sold. The developers have all filled out pre-application paperwork with The Texas Department of Housing and Community Affairs for housing tax credits and are showing that they will be building multi-family housing units on the properties.
Here’s where they are:
First, a development, described as elderly style living, could be coming to the corner of Westpoint Blvd. and Chapel Creek Blvd. just North of Normandale Baptist Church. Normandale Baptist Church owned the property and documents show the land being sold to AMTEX Multi-Housing LLC out of California for approximately $2.6 million. The property is stated to be 30 acres and 150 total units are projected with 120 of the units being listed as multi-family low-income units and the other 30 at market rate.
Also, an 8.12 acre piece of land at the corner of White Settlement Road and Legacy Drive just to the west of Community National Bank has sold for $2.8 million contingent on a zoning change for a low-density multifamily project. On the Texas Department of Housing and Community Affairs HTC Pre-Application, it shows 120 units planned for the property with 90 of those being low-income units.
A 15-acre tract of land has sold just off Loop 820 and Westpoint Blvd. just behind the Constellation Ranch Apartments (264 units) for $1.7 million. The new project shows 200 units planned for the property with 180 of those being low-income units.
And, a 23-acre tract of land has sold for $1.3 million and is located at the intersection of Silver Creek Road and Verna Trail North near Brewer High School. This project multi-family project is showing 120 units with 108 being designated as low-income units.

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