A former power plant in Fort Worth has drawn interest from at least 47 potential buyers after being vacant for decades. The property, a 1912-built Fort Worth Power & Light station located at 411 North Main Street, is owned by Tarrant County College (TCC). The college recently extended its original November 20 bid deadline to allow more time for interested parties to pursue the site.
The plant, which once supplied electricity to nearby neighborhoods and downtown buildings, is known for its twin 265-foot smokestacks. It sits along the Trinity River Trails, a network of hiking and biking paths that stretches over 100 miles.
Despite an appraisal valuing the riverfront site at $9.42 million, interest remains high. Nearly 50 parties have downloaded bid materials for the property. TCC purchased the plant in 2004 with plans to build a downtown campus but shifted focus after acquiring the former RadioShack headquarters following the financial crisis.
TCC leaders have promoted the TXU building as a redevelopment opportunity, highlighting increased attention on Panther Island and possible historic tax incentives that could support renovation efforts. Chancellor Elva LeBlanc stated in October that Panther Island is “at the center of Fort Worth’s rapid growth and redevelopment,” and said the property’s location on North Main Street makes it attractive for buyers willing to address its challenges.
The plant’s deteriorating condition has become both a financial burden and safety concern for TCC. In April, a fatal accident occurred when Estafania Sosa fell through internal shafts near the hydroelectric section of the facility. This incident increased pressure on TCC to sell the site.
About 21 people attended a recent walkthrough of the property, though it is unclear how many companies they represented. The turnout led officials to move the bid opening date to December 18 so investors can further evaluate redevelopment possibilities.
