Tom Thumb will open a new urban concept store in the Left Bank residential and retail development along West Seventh Street across from Trinity Park by the end of 2016 or early 2017, the grocer’s regional president said Monday.
“This is going to be great for the Fort Worth community … but it’s also going to be really great for our company,” Dennis Bassler, southern division president for Tom Thumb and Albertsons, said during a groundbreaking ceremony. “I can’t remember the last time we built in Fort Worth.”
The Left Bank store will be the first location in Texas for the new concept, Bassler said.
Supermarket executives were joined by officials from developer West Miller, Centergy Retail and the city of Fort Worth to herald the start of construction on the 53,000-square-foot store that will include a wine-and-beer bar, and organic and gluten-free sections.
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The Left Bank project is west of the Trinity River and on the north side of West Seventh Street, just east of the Fort Worth & Western Railroad tracks and Montgomery Plaza. At the site, a parking garage is nearing completion for 600 apartments that will be built there.
Miller called the property “the last piece of the puzzle,” and a key tract in the West Seventh Street corridor. The project is expected to generate about $10 million in tax revenue for the city, he said.
Tom Thumb will anchor about 110,000 square feet of retail space that will built along West Seventh. A 200-room ultra-luxury Valencia Hotel is planned for the 34-acre project, expected to open in 2018. The development is also expected to have a public square and a promenade on the river levee.
The $300 million Left Bank development will serve as a bridge between the central business district and the Cultural District and add to the bustling West Seventh corridor of residences, shops and restaurants, officials said.
It’s just going to be an amazing asset. This project certainly hasn’t been without its challenges and opportunities. Isn’t this fun to see this finally coming up?
Fort Worth Mayor Betsy Price
“It’s just going to be an amazing asset,” Mayor Betsy Price said. “This project certainly hasn’t been without its challenges and opportunities. … Isn’t this fun to see this finally coming up?”
Miller bought the site in 2013 from Chesapeake Energy, which at one time was reportedly going to use the site for a new headquarters for its Barnett Shale operations. But the site needed some major public infrastructure work, including re-routing a 54-inch water main, he said.
Atlanta-based Wood Partners is building Alta Flats at Leftbank and Alta Lofts at Leftbank. The units are slated to be done in fall 2017.
The store will have a full-service bakery, an extensive deli and a food service department offering items such as sushi, Asian foods, pizza, hamburgers, sandwiches and Tom Thumb’s popular fried chicken, Bassler said.
It will also have a full-service pharmacy with homeopathic items, a selection of imported and local wines, an on-site wine steward, craft beers, a large produce section, USDA choice and prime beefs, and a shop for local, college and professional sports clothing.