The reconstruction of the Fort Worth Convention Center has reached a major milestone in the first phase of its transformation.

On August 8, the highest structural steel beam was lifted into position in Phase 1 of the project, a rite known in the construction industry as “topping out.”

The first phase of the expansion encompasses 76,794 square feet, including a southeast entrance and food and beverage facilities. It also includes plans to demolish the annex, increase loading dock space, and realign Commerce Street to make way for a future hotel pad. The $95 million first phase of the remodeling project is expected to be completed by 2026.

Fort Worth Mayor Mattie Parker expressed enthusiasm about the progress of the project.

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“Today is an exciting milestone as we continue to build on the success of our local tourism economy. The Fort Worth Convention Center expansion is more than just a building project, it is a pivotal component of Fort Worth’s vision for a vibrant, economically robust future,” Parker said, per WFAA.

The second phase of the expansion, which is still in the planning and designing phase, is projected to cost $606 million. Phase II will focus on the demolition of the arena and the construction of a new exhibit hall.

The new convention center will be pivotal for downtown’s development and is expected to draw more visitors and businesses to the area, according to city leaders.

Brian Newby, chairman of Visit Fort Worth’s board of directors, said the expansion will make the city a prime destination for conventions and large gatherings. Although many groups have expressed interest in booking their conventions in Cowtown, the convention center in its current state is inadequate to meet the needs of the event organizers.

According to a report by Fort Worth Star-Telegram, the convention center was opened in 1968 and was last expanded in 2003.

Broaddus and Associates and Elements of Architecture, Inc. are managing the reconstruction project. Other firms have worked on various aspects of the project, including design and consulting work by Thompson Ventulett Stainback & Associates Inc. and Fort Worth-based Bennett Partners. AECOM Hunt, Byrne Construction Services. and E.J. Smith Construction teamed up for the role of construction manager at risk for the first phase.

The AECOM executive vice president and chief operating officer for its south region, Monte Thurmond, thanked the team for their hard work thus far, adding, “I know that looking ahead to the next steps in this project, we’re in great hands. Together, we will drive this remarkable project forward, bringing new life to this facility, the surrounding community, and the entire City of Fort Worth.”