Courtesy of Crescent Real Estate
A rendering of Crescent Real Estate's mixed-use development in Fort Worth’s Cultural District
Crescent Real Estate broke ground Monday on a mixed-use development in Fort Worth’s Cultural District that will include a “premier” boutique hotel with chef-driven restaurant, luxury apartments, and Class A office building that will be home to Crescent’s headquarters, CEO John Goff’s Goff Capital, and the headquarters of Goff’s Canyon Ranch luxury resort and spa company.
Additionally, Goff announced Monday that Canyon Ranch will operate a 26,000-square-foot spa and fitness center in the development. Goff also announced the hotel’s rooftop bar will be named after Ralph’s Bar, for the Fort Worth oilwoman, real estate investor and philanthropist Mary Ralph Lowe, who let Crescent take control of the hotel site after 35 minutes of negotiations, Goff said.
“The only condition was that somewhere in that hotel, there has to be a Ralph’s Bar,” Goff said. The indoor-outdoor bar will be open year-around. “It’s going to be spectacular, and we’re going to have the first drink there.”
