Fort Worth Logistics Campus to Replace Ridgmar Mall

Ridgmar Mall is nearing the end of its retail run. Dallas-based Ramrock Real Estate plans to replace the 1.2M SF Fort Worth shopping center with a nearly 931K SF logistics campus, as reported by Bisnow, turning a long-troubled retail property into a large-scale industrial development.

Ramrock acquired the property earlier in 2026 from Chicago-based GK Real Estate, according to Tarrant County deed records. The company has since partnered with KBC Advisors and Lincoln Property Co. to plan, develop and lease the new project.

From mall to logistics campus:

Ridgmar Mall opened roughly 50 years ago, but its retail footprint has steadily weakened. JCPenney announced in July 2026 that it would close its Ridgmar location on Nov. 1, leaving the mall without one of its longtime anchors. The property’s remaining tenants include a Dillard’s outlet and a movie theater, although Ramrock has not disclosed when those operations will close.

Ramrock and its partners spent more than two years evaluating redevelopment options with Fort Worth and Tarrant County officials before settling on an industrial conversion.

The details:

The planned Ridgmar 30 Logistics Crossing will encompass nearly 931K SF across six Class-A buildings on the 40-acre property. The campus will occupy the northeast corner of Interstate 30 and State Highway 183, giving the project direct access to two major regional transportation routes.

Lincoln Property Co. will help with development and leasing, while KBC Advisors is involved in planning. The project is expected to deliver institutional-quality logistics space rather than preserve the existing retail configuration.

The site’s location also comes with an unusual constraint. Its proximity to Naval Air Station Joint Reserve Base Fort Worth creates building-height restrictions, which have complicated redevelopment efforts in the past. Local officials nevertheless backed Ramrock’s plan, citing its potential to create jobs and support long-term economic development.

Fort Worth logistics keeps gaining ground:

The redevelopment fits into a broader shift toward industrial uses along Fort Worth’s logistics corridor. North Texas ranked No. 3 in Marcus & Millichap’s 2026 National Industrial Index, underscoring the region’s continued appeal to industrial investors.

Ridgmar’s conversion is notable because it repurposes a large, strategically located retail site rather than adding industrial space to an undeveloped tract. That makes the project part of a broader CRE playbook: obsolete retail properties can become valuable logistics locations when access, land availability and surrounding demand outweigh the economics of preserving the existing use.

Fort Worth is also seeing major investment in other property types. Delightful Development Co. and Woodbine Development Co. announced plans in August 2026 for a $160M luxury resort in the Stockyards, featuring two hotels with a combined 225 rooms, restaurants and about 3K SF of retail.

Why it matters:

Ridgmar shows how industrial demand can reshape major properties that once served as retail destinations. A nearly 1M SF logistics campus at a major highway junction could give Fort Worth another large block of modern industrial inventory while replacing a mall whose anchor tenancy is disappearing.

For investors and developers, the bigger takeaway is the value of difficult-to-redevelop sites. Ramrock’s more than two years of work with local officials highlights the entitlement and physical constraints involved, but the resulting project could put a sizable logistics footprint on land that had become increasingly challenging to position as retail.

What’s next:

The immediate watchpoint is the transition of Ridgmar’s remaining retail tenants and the timing of construction for the six-building campus. Leasing activity will also indicate how quickly industrial users absorb the new space.

Ramrock’s broader development pipeline is worth watching as well. The firm is working with Lincoln Property Co. and Willow Bridge Property Co. on 8300 Douglas in Dallas’ Preston Center, a mixed-use project scheduled for delivery in 2028 with a 300K SF office tower, 147-unit residential tower and roughly 24K SF of retail and restaurant space.