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Council votes Tuesday on $4.3 million sale of the old Lone Star Gas building and three other downtown city sites

A company run by Kent family heirs would buy two vacated city office buildings on Monroe Street and two parking lots, with plans for offices, condos and shops; the deal would close Nov. 5 if approved.

Renata Pennington

October 10, 20262 min read

Two downtown buildings that housed city offices until staff moved to the new City Hall are headed for a sale vote Tuesday.

The Fort Worth City Council meets at 6 p.m. Tuesday, Oct. 13, at City Hall, 100 Fort Worth Trail. One of the action items the city listed would approve selling its property at 900, 908 and 910 Monroe St., plus a parking lot, for $4.3 million.

What is being sold

The buyer is Jun Crown Properties, which operates under Kent & Co. Property, according to Fort Worth Magazine and the Fort Worth Report. The package covers four parcels:

  • 900 Monroe St., the four-story Gordon Swift Building
  • 908 Monroe St., the seven-story Lone Star Gas Building, an art deco design by architect Wyatt C. Hedrick from 1929
  • 910 Monroe St., a former lot for water customers
  • 917 Taylor St., a former parking lot for the council

Jun Crown would take the properties as-is. The city has agreed to repair the neon blue flame on top of 908 Monroe and put it back in working order, after which upkeep passes to the buyer.

Under the same deal the city would rent Jun Crown 25 spaces in the Pinnacle Garage and 20 in the Burnett Lofts Garage at $120 a space each month, or $64,800 a year, Fort Worth Magazine reported from a staff report presented to the council on Sept. 29.

The city bought the Lone Star Gas Building in 1995 for $800,000, the Report said, and put the buildings and lots on the market in 2024 through the broker JLL. A parking garage that was part of that original listing will stay with the city.

What the buyer plans

Will Churchill, who runs the family company with his twin sister, Corrie Watson, told the Report the Gordon Swift Building would be renamed the Winston and turned into a mix of shops, offices and homes, with residences likely on two or three floors. The Lone Star Gas Building would probably be all office space, and he said the art deco lobby would stay.

"We're re-developers, not developers," Churchill told the Report. "We're not tearing anything down."

A letter of intent was signed Sept. 1, and the sale would close by Nov. 5 if the council approves it.

Also on Tuesday's agenda

The council is also scheduled to accept a Texas Parks and Wildlife Department grant of up to $1 million for the third phase of Sycamore Park, approve a contract of up to $65,416 with Invizion Art Inc. for public art at Fire Station No. 43 on Walsh Ranch Parkway, revise its policy for public improvement districts, adopt its 2027 meeting calendar and hear 15 zoning cases.

Sources

fortworthtexas.gov

fortworthreport.org

fwtx.com

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Renata Pennington

Renata Pennington covers Fort Worth city hall, the council, and county government.

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