Fort Worths timeworn TP Warehouse stands as symbol of frustration
The Texas & Pacific Warehouse in Fort Worth, once a beacon of optimism, has stood vacant for nearly 50 years, symbolizing the city's struggle with development. Owner Ola Assem aims to convert the 580,000-square-foot building into apartments and retail spaces, but her vision faces significant challenges. Assem purchased the property in 1998 for $6. 4 million, and despite her efforts, no redevelopment has materialized. Jerre Tracy from Historic Fort Worth Inc.
lamented the lack of successful proposals over the years. Jungus Jordan, who served on the City Council, noted Assem's strong personal ties to the property as a barrier to necessary changes. City officials facilitated the Lancaster corridor's redevelopment, yet construction delays have stalled Assem's plans. The warehouse's architectural significance contrasts sharply with modern skyscrapers in Fort Worth, raising questions about its future. As the city evolves, the T&P Warehouse remains an emblem of both potential and frustration.