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Fort Worth Commissioners Approve Tax Deal for American Airlines Headquarters

Texas Construction News from Virtual Builders Exchange

Posted: 6-21-2016, 12 p.m.

by Adolfo Pesquera

Fort Worth (Tarrant Co.) – Tarrant County Commissioners Court approved a tax abatement agreement for the county and county hospital district participation in the American Airlines $350 million redevelopment of its corporate headquarters.

In other business, Commissioners Court selected LBL Architects for preliminary architectural and engineering services for the Tarrant County Subcourthouse–the Mansfield Renovation Project.

Last year, American Airlines acquired 200 acres that is adjacent and south of the 97-acre site of its flight academy in the southwest corner of the intersection of state Highways 360 and 183. The acquired site was the former Sabre Holdings headquarters. In May, the Sabre buildings were demolished using a controlled implosion method.

According to the Commissioners Court, American Airlines will receive an abatement of 70 percent on taxable real property (the land is leased from Dallas /Fort Worth International Airport and is tax-exempt). The value of the abatement over its 10-year life was estimated at just over $2 million.

Construction is to begin this summer and be completed by the fourth quarter of 2019. The new headquarters will house about 5,000 employees. The site is roughly 2 miles west of American Airlines existing headquarters at 4333 Amon Carter Boulevard.

The city of Fort Worth is also participating with its own tax abatement agreement.

Tarrant County Subcourthouse

With a professional services contract of $70,050, LBL Architects will be charged with solving space issues in the Subcourthouse. The firm must present design options, provide a comprehensive building energy analysis, a comprehensive security assessment and prepare a cost estimate through the following proposed services:

  • Architectural programming
  • Schematic design
  • Study to build space over the existing front porch
  • Study chillers and exterior glass
  • Full energy study
  • Security assessment

“This current project only addresses reconfiguration of the current building floor layouts and does not expand the building,” the report from Facilities Management states.

This is a $5 million renovation project: $3 million was approved in the 2016 budget for architectural/engineering fees and funding a portion of the renovation. Another $2 million will be requested in the 2017 budget.

LBL will help finalize the scope of services and budget. Facilities Management will then present a full services architectural and engineering contract to complete design and provide biddable construction documents.


adolfo@virtualbx.com

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About the Author:

Adolfo Pesquera (Reporter/Editor) is a veteran news journalist. He has worked for Hearst Corp., American Lawyer Media, News Corp and Freedom Communications. His work has been published in newspapers and magazines across the USA. He is a journalism graduate of UT-RGV. He writes, edits and creates digital pages for VBX.

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