The city of Fort Worth is considering a measure that would add about 522 acres to the approximately 1,400-acre Alpha Ranch development in the far north part of the city. 

The project is located in Denton County, south of U.S. Highway 114 and west of John Day Road. The city is considering an amendment to the development agreement to include the additional 522 acres.

The measure is going before the Fort Worth City Council during its meeting on Tuesday. The city will also consider tweaks to other agreements regarding the project.

The city previously entered into agreements with several entities to develop 1,467 acres of land. The parties involved include CTMGT Alpha Ranch, LLC, CTMGT AR II, LLC and Ryan Dynasty Trust, according to the city of Fort Worth documents. 

Last year, the city council consented to add the additional acreage to the site. Annexation is dependent on the negotiation and execution of a development agreement and other agreements with the city. The additional property is owned by CTMGT AR III, LLC. 

The update in the development agreement sets out land use and development standards for the 522 acres. Proposed updates to additional agreements concern infrastructure and utilities. 

The city council will vote on other matters of import to the Fort Worth business community during its upcoming meeting, listed below. 

Impact fee collection rate

The city of Fort Worth is set to establish the collection rate for transportation impact fees. Transportation impact fees are, as defined by the city, charges assessed by local governments on new development projects that help fund transportation improvements that become necessary as new development occurs. Simply put, they’re a vehicle the city uses to pay for infrastructure worn down by new development. 

The fees are assessed every five years. City staff is recommending new collection rates well above what developers are currently paying.

Award contract for the Fort Worth Convention Center

The city council will consider a measure to authorize a construction manager at risk contract to Hunt/Byrne/Smith, a joint venture, for phase one of the Fort Worth Convention Center renovation and expansion project. 

The amount specified in the contract is capped at $30 million, according to the documents. With this contract, the JV will be able to get underway with construction. Overall, the project is expected to cost about $52 million.