Voters approved a hotel occupancy tax last month to help pay for it.
Fort Worth voters in May approved a hotel occupancy tax increase to fund the second phase of construction on the center, including a makeover on Commerce Street.FORT WORTH, Texas — Fort Worth officials now expect to complete by 2030 a series of transformative renovations to the city's aging convention center.
"Those projects will spur development around those facilities," Fort Worth Director of Public Events Michael Crum said."It will, essentially, be a convention and learning district that is unlike any other in the country." "What we hope to do is incent development on the eastern side of Commerce Street that creates an entirely different type of experience in that area, compared to what you see today," Crum said.
Money generated by the city's hotel occupancy tax will pay for the second phase of construction, including the Commerce Street makeover. Voters in May raised the tax from 15% to 17%.
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