The Tower on Throckmorton Street is truly real estate agent Debbie Hunn‘s turf. She’s lived in the building for 12 years and she tells me that she has sold some of the units in the building three or four times. Together with her daughter, Alana Long, they comprise The Urban Group at Williams Trew and have made downtown Fort Worth living something of a specialty.
For the uninitiated, there are few high-rise choices in Fort Worth, but the history of The Tower is worth retelling:
Once known as the Bank One Building — yes, that Bank One Building — it was ground zero of the horrific March 28, 2000 tornado, which left half a billion dollars worth of damage to Fort Worth’s downtown in its wake. Work to reconstruct the building began in 2001, but extensive asbestos abatement and other unforeseen costs halted the effort. For several years, it stood, an urban oddity, half clad in plywood and metal, its very existence uncertain.
In 2003, realizing the potential payoff of a prize location in the heart of a lively downtown, TLC Realty announced plans for an urban, mixed-use revamp of the storm-orphaned edifice. Work was completed in 2005. The six-sided structure is now enveloped by a square proscenium of stone, which anchors it to the city block it occupies. Recently the amenities, located on the fifth floor have undergone a thorough upgrade and overhaul.
And this new listing, unit 2001 on the 20th floor-elevator left — the one that goes all the way to the top — presents a real value opportunity to buy into a full-service luxury building for under $500,000. The 1,200-square-foot unit clocks in at under $420 per square foot — significantly less than its rival, The Omni Residences.
Hunn tells me this unit has been on the market only once. The open floor plan is configured to take maximum advantage of the stunning views.
And the two-bedroom, two-full-bath unit includes many extras added by the owner, including a chilled wine room and laundry room with custom cabinetry. Views from the two bedrooms are equally breathtaking. Windows have custom remote-controlled shades.
The HOA dues give full access to the many amenities located on the fifth floor. The gym has been completely renovated and a putting green and dog run has been added. Have out of town guests? There are two apartments available to Tower residents for a negligible fee of $75 per night. And there are all of the conveniences of a lock-and-leave building in the vibrant downtown Fort Worth city center with a walkability score of 92. And now the Tex Rail with a nearby terminal will conduct you on a hassle-free commute to Dallas/Fort Worth International Airport.
Debbie Hunn of Williams Trew Real Estate is offering No. 2001 at 500 Throckmorton for $489,000.
Eric Prokesh is an interior designer whose work has appeared on HGTV, and in books and publications including D Home, Southern Accents, House Beautiful, and House and Garden. In January 2005, HGTV named Eric one of the 50 tastemakers in America and D Home has included him as one of Dallas’ Best Designers for 10 years. Having lived most of his life in Dallas, he now calls Fort Worth home and is one of our experts on beautiful Fort Worth Dirt. His own home on historic Elizabeth Boulevard has been featured in 360 West.
