What Clearfork does

Clearfork is a 270-acre master-planned mixed-use development in Fort Worth, Texas, developed and operated by Cassco Development Co., the real estate arm of the family-owned Edwards Ranch (founded 1848). The development integrates five product lines: Class A office space (2 million sq ft planned), retail and dining (1.2 million sq ft planned, currently The Shops at Clearfork with 40+ stores and 16 F&B options anchored by Neiman Marcus and AMC Dine-In), multifamily residential (The George, The Kelton, Bexley Clearfork), resort-style senior living (The Tradition, 309 total units), and outdoor recreation at The Trailhead with access to 100+ miles of Trinity River trails and a year-round farmers market. A cultural venue (Keith House) housing a James Turrell installation rounds out the amenity stack.

The underlying business model is recurring real estate revenue across three streams: office leasing (sold and leased through Cassco Development and Simon Property Group), retail/dining tenant leasing (operated through the Simon mall platform), and residential sales/leasing (managed by third-party property operators including Tradition Senior Living). Pricing is transaction-specific and not publicly disclosed. Go-to-market relies on direct enterprise leasing for office, channel partnerships for retail tenant placement, third-party operators for residential, and event-driven community programming (farmers market, free yoga, festivals) to drive foot traffic and differentiate the destination. Customer segments are split between enterprise office tenants (Frost Bank, Merrill Lynch, Smith & Nephew, WeWork, multiple oil and gas firms), retail and dining consumers, residential renters across price tiers, and senior living residents. The company is privately held by the Edwards family via Cassco Development, with no external funding rounds disclosed.

Name

Clearfork

Legal name

Clearfork

Website

https://clearfork1848.com

Company type

Private

Founded year

1848

Operating status

Operating

Headcount range

11–50 employees

Short description

Clearfork is a 270-acre master-planned mixed-use development in Fort Worth, Texas, operated by family-owned Cassco Development Co., integrating Class A office, retail, dining, multifamily and senior living residential, and riverfront outdoor recreation for enterprise tenants, residents, and consumers.

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Worth

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Office Space Leasing: Class A office space leasing to national and local companies including build-to-suit opportunities and boutique office spaces. Clearfork's master plan includes 2 million square feet of office space.
2. Retail and Dining Leasing: Retail and restaurant tenant leasing at The Shops at Clearfork, featuring over 40 stores and 16 food and beverage options. The open-air center is anchored by Neiman Marcus and AMC Dine-In. Master plan includes 1.2 million square feet of retail, dining, and entertainment.
3. Residential Sales and Leasing: Multifamily apartment communities (The George, The Kelton, Bexley Clearfork) and senior living (The Tradition at Clearfork). Master plan includes 2,500 living residences across various product types.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Clearfork is a 270-acre master-planned mixed-use development in Fort Worth, Texas, that leases and sells Class A office space, upscale retail and dining space, multifamily apartments, and senior living residences, while operating supporting amenities including a farmers market, event venues, and riverfront trail access. The development is operated by Cassco Development Co. on the family-owned Edwards Ranch land and serves Fort Worth residents, workers, shoppers, and visitors.

Product overview

Clearfork is a 270-acre master-planned, mixed-use development in Fort Worth, Texas, developed by Cassco Development Co. (development arm of Edwards Ranch). The project integrates diverse residential offerings (apartment communities and senior living), retail (The Shops at Clearfork with 40+ stores), dining and entertainment, Class A office spaces, and extensive outdoor recreation. Key components include The Trailhead at Clearfork (riverfront destination with farmers market and trail access), multiple residential communities (The George, The Kelton, Bexley Clearfork, and The Tradition senior living), The Shops at Clearfork retail center, Keith House art venue, and the Clearfork Farmers Market. The development ultimately plans to incorporate 2 million square feet of office space, 1.2 million square feet of retail/dining/entertainment, and 2,500 living residences.

Differentiator

Problem solved

Functional benefit

Brands

• Cassco Development Co. Development arm of Edwards Ranch overseeing Clearfork project

Products and services

• The Shops at Clearfork Open-air retail center featuring over 40 stores and 16 food and beverage options, anchored by Neiman Marcus and AMC Dine-In, offering upscale and mainstream retail and specialty services to Fort Worth shoppers.
• The Trailhead at Clearfork Year-round riverfront destination on the Trinity Trails featuring the Clearfork Farmers Market, Bike Mart, Press Cafe, free community yoga, and connectivity to 100+ miles of bike and fitness trails.
• Clearfork Office Spaces Class A office spaces including ground-up build-to-suit opportunities and boutique office space at The Offices at Clearfork and 5600 Clearfork Main, targeting companies focused on recruiting and retaining top talent.
• The George at Clearfork Award-winning multifamily apartment community with premium amenities, well-equipped fitness centers, and poolside gathering spaces, located at 4900 Gage Avenue in Fort Worth.
• The Kelton at Clearfork Award-winning multifamily apartment community with premium amenities, fitness centers, and poolside gathering spaces, located at 4945 Gage Avenue in Fort Worth.
• Bexley Clearfork Award-winning multifamily apartment community with premium amenities, fitness centers, and poolside gathering spaces, located at 5555 Edwards Ranch Road in Fort Worth.
• The Tradition at Clearfork Resort-style senior living community along the Trinity River with 214 independent living residences (spacious multi-bedroom units with private balconies) and 95 assisted living and memory care units (68 assisted living and 27 memory care).
• Clearfork Farmers Market Year-round farmers market featuring over 30 local farmer, rancher and artisan vendors every Saturday. Summer hours 8:00 am - Noon, Winter hours 9:00 am - Noon. Presented by Frost Bank since 2025.
• Keith House A welcoming gathering space where art and nature foster community, featuring the site of 'Come to Good, 2024' by artist James Turrell. Gift from the Meta Alice Keith Bratten Foundation to the people of Fort Worth. Available for private events.
• Clearfork Event Spaces Various unique event spaces including Keith House, Press Cafe's upstairs space, Heart of the Ranch, and green spaces and restaurants at The Shops at Clearfork for hosting events.

Quantifiable outcome

• 270 acres of mixed-use development featuring residential, retail, office, dining, and outdoor recreation
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered minor and core.

• Movement GymsminorGTM or Marketing Partner · 1 January 2026Community yoga partner for free Saturday yoga classes at The Trailhead at Clearfork. Movement Gyms leads free community yoga sessions as part of Clearfork's wellness programming.
• CorePower YogaminorGTM or Marketing Partner · 1 January 2026Community yoga partner for free Saturday yoga classes at The Trailhead at Clearfork. CorePower Yoga Westbend has led free community yoga sessions.
• Connective Souls YogaminorGTM or Marketing Partner · 1 January 2026Community yoga partner for free Saturday yoga classes at The Trailhead at Clearfork. Led free yoga session on July 4th.
• Press CafecoreChannel Partner/ Reseller/ Distributor · 1 January 2026Located at The Trailhead at Clearfork, Press Cafe is a key tenant that provides dining alongside the farmers market and yoga programming. Hosts events in its upstairs space.
• Bike MartcoreChannel Partner/ Reseller/ Distributor · 1 January 2026Located at The Trailhead at Clearfork, Bike Mart provides bicycle rentals and sales supporting the trail system. Key tenant supporting outdoor recreation access.
• Frost BankcoreGTM or Marketing Partner · 1 January 2025Frost Bank is the presenting sponsor of the Clearfork Farmers Market starting in 2025. With over $50 billion in assets and 24 financial centers across Tarrant County, Frost's generous support enables the market to continue providing fresh, locally grown products to the Fort Worth community. Frost also maintains office space at Clearfork as a tenant.
• Meta Alice Keith Bratten FoundationcoreStrategic or Co-development Partner · 1 January 2024The Keith House site and commissioned artwork 'Come to Good' by James Turrell are a gift from the Meta Alice Keith Bratten Foundation to the people of Fort Worth. The building serves as a welcoming gathering space where art and nature foster community.
• Keith HousecoreStrategic or Co-development Partner · 1 January 2024Keith House (keithhouse.org) is a gathering space and event venue at Clearfork. Hosts the James Turrell installation 'Come to Good, 2024.' Available for private events.
• Heart of the RanchminorChannel Partner/ Reseller/ Distributor · 1 January 2024Event venue at Clearfork available for hosting private events. Part of the event venue ecosystem including Keith House, Press Cafe upstairs, and green spaces.
• Texas Health ResourcescoreChannel Partner/ Reseller/ Distributor · 1 January 2024Texas Health Clearfork is a healthcare facility located within the Clearfork development, providing medical services to residents, workers, and visitors.

Scale indicators10 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Crescent Communities: Crescent Communities develops mixed-use and master-planned communities across the Sun Belt, combining multifamily, office, and retail. Comparable as a regional mixed-use developer with similar product mix, though smaller scale and more geographically dispersed than Clearfork.

Direct peers

• Five Point Holdings: Five Point develops and operates large master-planned communities in California (Great Park Neighborhoods, Valencia). Comparable as a pure-play master-planned community operator with active residential, commercial, and recreational components, though focused on West Coast markets.
• The Howard Hughes Corporation: Howard Hughes Holdings develops and operates large-scale master-planned communities (The Woodlands, Bridgeland, Summerlin, Downtown Columbia) combining residential, retail, office, and recreation. Directly comparable to Clearfork as a long-horizon, land-rich mixed-use developer with active leasing operations across all four asset classes.
• Lendlease: Lendlease is a global developer of master-planned communities and mixed-use urban projects (e.g., Barangaroo, TRX in Kuala Lumpur). Comparable as a long-horizon, large-acreage mixed-use developer combining residential, retail, office, and public realm amenities.
• Hillwood: Hillwood (perot family) develops AllianceTexas and other master-planned mixed-use destinations in the DFW region, combining office, industrial, retail, and residential. Directly comparable given shared DFW geography, family-owned structure, and mixed-use master-planning approach similar to Clearfork.

Broad incumbents

• Brookfield Property Partners: Brookfield Property Partners operates a massive global portfolio of office, retail, multifamily, and mixed-use assets including master-planned projects. Comparable as a diversified mixed-use operator, though at meaningfully larger scale and with broader geographic and asset-class exposure than Clearfork.
• Related Companies: Related Companies develops large-scale mixed-use urban destinations (Hudson Yards, The 78) combining office, retail, residential, and public space. Comparable in mixed-use master-development approach and tenant roster quality, though concentrated in coastal gateway markets rather than Texas.

Regional players

• Lincoln Property Company: Lincoln Property Company is a major DFW-based residential and commercial real estate developer and manager. Comparable given shared DFW geography and mixed residential/commercial portfolio, though Lincoln is more residential-heavy and operates nationally rather than as a single master plan.
• Brandywine Realty Trust: Brandywine Realty Trust develops and operates mixed-use office and residential projects primarily in the Philadelphia and Austin markets. Comparable as a publicly traded mixed-use developer combining office leasing and residential, though concentrated in different geographies.

Others

• Vornado Realty Trust: Vornado Realty Trust is a publicly traded REIT focused on office and retail properties in New York City and select urban markets. Comparable in mixed-use office/retail ownership and leasing, though Vornado is concentrated in NYC and not a master-planned community operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/clearforkfortworth
• Instagraminstagram.com/discoverclearfork
• Xx.com/Clearfork1848

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clearfork