News

City Purchases 18-Acre Property to Control Its Development

City Purchases 18-Acre Property to Control Its Development

April 28, 2022

The City of Bedford is pleased to announce the recent purchase of 18.5 acres of land situated at the highly visible northwest corner of Hwy 183 (Airport Frwy.) and Industrial Blvd. (FM 157). The City closed on the property in mid-December and is currently in talks with a master developer. The property was purchased from First Baptist Church of Euless, which used it as the church’s “Campus West” building.

The City of Bedford is pleased to announce the recent purchase of 18.5 acres of land situated at the highly visible northwest corner of Hwy 183 (Airport Frwy.) and Industrial Blvd. (FM 157). The City closed on the property in mid-December and is currently in talks with a master developer.

City officials’ ultimate vision is a mixed-use project with a variety of uses that may include residential, retail, restaurant, office, hospitality, entertainment, and interactive or passive open space. This purchase provides a unique opportunity to create a special place at the gateway to the community for families to gather and spend time. Additionally, feedback from the recent Retail and Restaurant Survey will aid the city and developer in attracting desired tenants. The City’s goal is to have development activity within one to two years, at most.

6 Stones Mission Network and the Midwest Food Bank currently occupy space within the existing building on this property and will be permitted to remain at this location until site development progresses. Both organizations will be relocating in the near future.

For general information about the City of Bedford please visit our website or contact Director of Economic Development Andrea Roy at 817-952-2175 or by email at andrea.roy@bedfordtx.gov.