Larkspur’s $1.7 Billion Westside Village Will Reshape Fort Worth

The public/private partnership of Dallas-based Larkspur Capital and the Fort Worth-based Keystone Group (chaired by Robert Bass) will reshape a Fort Worth district. The long-decaying industrial district at the juncture of White Settlement and University Boulevard. The 37-acre site, known as Westside Village, will be transformed into a $1.7 billion mixed-use development ― breathing new life into a long-overlooked swath.

The site is located west of downtown Fort Worth. The Foundry District rests on the south side of White Settlement. It is home to one of Fort Worth’s best speakeasy-style bars at Blackland Distillery, Angelo’s Barbecue, Clay Pigeon, and Doc’s Records.

The other side of the road was christened “Panther City District” in 2023, around the time that Fort Brewing and Agency Habit opened there. But now FWISD’s administration building has been relocated and demolished. And the rest of the school district’s vintage warehouse holdings have been sold, the area is making way for something brand new ― Westside Village.

The project is scheduled to get underway in January 2026.

What’s in a Name?

The district itself isn’t the only thing getting a fresh start and a new name.

Just this week, in a 9-2 vote, Fort Worth’s City Council agreed to change the name of White Settlement Road to Westside Drive for a one-mile section. They made the change at the request of the developer and in anticipation of construction on Westside Village.

The move was controversial because the local Native-American community opposed the name change, feeling it erases a piece of local history. Many historic preservationists object to changing the name as nothing more than an attempt to sanitize history. Changing White Settlement’s name was rejected by voters, as well, in 2019.

The vast Westside Village project will utilize the current acreage (on both sides of this one-mile segment of White Settlement, AKA Westside Drive). It is currently held by Autobahn dealerships, which is making a big move of its own. Autobahn already broke ground on its new 75-acre campus located at the corner of Chisholm Trail Parkway and Oakmont Boulevard in southwest Fort Worth.

What’s In Store for Westside Village

The project will be built in four phases. Phase A (January 2026 to February 2029) will bring office space, a hotel, and mixed-use residential, as well as a stand-alone condo building. In Phase B (January 2027 to October 2029) will add more mixed-use, office, multi-family residential, and retail space. Then, Phase C (December 2028 to November 2032) includes multi-family, retail, and office space. And, Phase D (October 2029 to December 2034) completes Westside Village with massive increases in office and multi-family housing.

When completed, Westside Village adds 880,000 square feet of new office space, the largest addition in over four decades, they say. There will also be 238,000 square feet of retail and restaurants added, plus some 1785 apartment units. A 175-key hotel will be a part of the massive project, with $45 million in infrastructure alone.

The first phase is to feature two mixed-use buildings situated above a shared parking structure. The 100,000-square-foot office building is being designed by Austin-based Michael Hsu Office of Architecture.

Dallas-based Corgan serving as architect of record, and will include office space above active ground-floor retail. It will include two restaurant concepts and a private social club.

Shaping a Modern Urban Village

“The district will include intimate paseos, public plazas, and lush courtyards to foster a welcoming, human-scaled atmosphere,” according to Larkspur. “A multimodal approach will connect the area to the Upper West Fork trail system, enabling seamless access by foot, bike, or transit. Select industrial buildings will be adaptively reused to preserve neighborhood character while incorporating sustainable design strategies.”

“Austin-based Michael Hsu Office of Architecture is leading the master plan design, which blends diverse building types, public spaces, and curated experiences into a highly walkable environment,” they say. “The district will integrate wellness, retail, entertainment, and dining with layered design moments throughout.”

The location of Westside Village is closely connected to downtown, the West Seventh corridor, River District, and Northside ― making proximity one of its most attractive attributes.

The Shed, was recently added to the mix. On a 3.7 acre site to the north of the Westside Village, Th Shed will have about 165 surface parking spaces. It will be 19,099 square feet of covered space with a 23,453-square-foot covered patio area. The Shed will utilize a former industrial meat locker, and create an indoor/outdoor venue, further making Westside Village a destination.

“Our collaboration with the city underscores a shared vision for long-term growth, community connection, and sustainable, next-generation urban design,” says Larkspur Capital president Carl Anderson. “This project will not only redefine this part of Fort Worth but also reinforce the city’s reputation for charm, culture, and commerce.”