Staff recommends sale of Renaissance Square site to Baylor Scott & White for emergency hospital

Fort Worth Housing Finance Corporation staff presented a recommendation to sell a 2.65-acre parcel in Renaissance Square to a partnership led by Baylor Scott & White for an appraised price of $808,000.

Staff (Speaker 1) said the buyer — described as a Baylor Scott & White partnership with Emirates — plans a 20,000-square-foot emergency hospital to operate 24 hours a day with 16 rooms and beds. Staff recommended approval of the sale and said the HFC would retain mineral rights while the buyer would pay all closing costs. Proceeds from the sale would be used to buy additional lots for future single-family housing development.

The project was framed as part of broader neighborhood work: Speaker 1 said the hospital would serve the Renaissance Square area and is linked to the Mitchell Neighborhood Improvement Program. A council member (Speaker 3) praised the proposal as a boost to East Side health services, saying the hospital would “serve those who need it the most on the East Side of Fort Worth.”

Staff provided the appraisal figure and the basic project specifications but did not present a motion text on the record in the excerpted transcript. The chair asked for a motion on the item during the meeting, and participants discussed whether the item had already been handled earlier in the agenda, but the provided transcript does not record a clear final vote on the Renaissance Square sale.

If the HFC takes formal action later, staff said proceeds would be reinvested in the HFC’s single-family lot program and the corporation would work to identify replacement lots. For now, the record in this transcript shows the staff recommendation, supporting remarks from a council member, and a procedural request for a motion rather than a completed vote.