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Fort Worth’s 113-Year-Old Riverfront Power Plant Hits the Market

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Published on November 19, 2025
Fort Worth’s 113-Year-Old Riverfront Power Plant Hits the MarketSource: Google Street View

Tarrant County College is officially shopping the hulking, 113-year-old TXU power plant that looms over the Trinity River, turning the site’s future over to private buyers just as Panther Island redevelopment starts to heat up. The college says it will accept bids until tomorrow, and plans to funnel any proceeds back into classrooms and student priorities. The plant’s Beaux-Arts brick shell has long been a battleground between preservationists pushing for adaptive reuse and officials who see a costly liability waiting to happen.

What TCC is offering and where it sits

According to The Collegian, the college has released an invitation to bid on the roughly eight-acre site at the southern edge of the planned Panther Island district. TCC picked up the North Main property when it bought land for its Trinity River East campus and has owned the power plant since 2004, per a college announcement that went looking for potential uses in 2014. The parcels flank the North Main Street bridge and are widely seen as a prime stretch of riverfront that could become especially valuable once Panther Island’s canal work and zoning changes are in place.

A landmark from the early electric age

As detailed by Historic Fort Worth, the brick powerhouse went up between 1911 and 1913 and started producing electricity in late December 1912, eventually lighting up much of the city for decades. Its Beaux-Arts details, towering windows, and cavernous interior have kept it on preservationists’ watch lists even as the roof and windows have steadily deteriorated. The plant’s tall smokestacks were removed years ago, leaving the main block of the building as the lone industrial sentinel along the North Main riverfront.

Preservationists press the city to act

Historic Fort Worth and other advocates are pressing the mayor and city council to designate the plant as a local historic and cultural landmark so a future owner can tap into tax credits and grants. Assistant City Manager Dana Burghdoff told Historic Fort Worth that staff have invited TCC Chancellor Elva LeBlanc to meet and talk through a possible designation, adding, "We would ideally want to see a designation prior to the sale." Preservation leaders argue that formal protections could significantly reshape the redevelopment math for whoever buys the site.

Why now: Panther Island momentum

The listing arrives as public and private players look to speed up Panther Island plans, changing the development calculus for North Main parcels. The Tarrant Regional Water District issued a request for qualifications in October and is preparing canal, park, and infrastructure work that could kick off in 2026, steps that have developers circling the district’s edges. As reported by The Real Deal, the mix of new infrastructure and higher densities has turned the area into a far more enticing prospect for investors.

What buyers will inherit

Any buyer will be taking on a structure that needs major repair work and, most likely, a long entitlement and financing journey before any reuse becomes real. TCC Chancellor Elva LeBlanc said, "Proceeds from the sale of the TXU building can be invested in TCC’s core educational priorities," according to The Collegian. Developers considering adaptive reuse will have to weigh preservation incentives against the cost of demolition and full-scale redevelopment.

Bids are due tomorrow, and the winning offer will likely set the tone for the southern edge of Panther Island, whether the landmark shell is reborn as a mixed-use riverfront anchor or scraped to make way for something entirely new. The sale puts the spotlight on the city and would-be buyers as they decide how Fort Worth balances historic character with rapid growth. Community groups and preservationists say they will be watching closely to see which vision wins out.

Dallas-Real Estate & Development