Project intelligenceTDLR TABS2025020837New Construction
Funding type

This project is privately funded, on private land for private use.

Magnolia Green Tempo in Fort Worth, TX

1201 Lipscomb St, Fort Worth, TX, 76104

Opening ~Dec 2026Review Complete

Magnolia Green Tempo is a new construction project at 1201 Lipscomb St, Fort Worth, in Tarrant County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Dec 2026. The project has an estimated value of $10.0M across about 88,067 sq ft.

Estimated project value
$10.0M
About this figure

Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.

Reported floor area
88,067 ft²
About this figure

Square footage reported for this scope of work. It may cover only part of a larger property.

Estimated cost / ft²
$114/sqft
About this figure

Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.

Scheduled duration
1y 2mo
About this figure

The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.

The project record

Project timeline

Explore filed milestones and scheduled dates. Open a milestone for its source.

Jun 9, 2025540 days across supplied datesDec 1, 2026

4 timeline dates shown.

  1. Project registered · TDLR filing

    Registration of the project with the Texas Department of Licensing and Regulation.

    Source: TDLR filing

    View source record
  2. Review complete · TDLR filing

    The filing records completion of the accessibility review.

    Same day as the preceding date shown.

    Source: TDLR filing

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  3. Scheduled construction start · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    114 days after the preceding date shown.

    Source: TDLR filing

    View source record
  4. Scheduled completion · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    426 days after the preceding date shown.

    Source: TDLR filing

    View source record

📰About Magnolia Green Tempo

Hemphill Hospitality LLC is constructing Magnolia Green Tempo, a new six-story hotel at 1201 Lipscomb St in Fort Worth, Texas. The project encompasses 88,067 sq ft of new construction on an urban site that includes a park. The estimated cost for this development is $10,000,000, resulting in a cost of $114 per square foot. The registered accessibility specialist for the project is Christopher R Hinkle.

Design and Construction Timeline

Type-Six serves as the design firm of record for this hotel. TDLR completed the plan review in June 2025, and the project is scheduled to finish in December 2026. Construction work is set to begin in October 2025. This timeline represents a scheduled build window of 426 days, which is longer than the county median of 214 days for similar new construction filings in Tarrant County.

The project is privately funded and located on private land for private use. It is registered with TDLR under the accessibility program. The status of the filing is Review Complete. The City of Fort Worth has one permit on file at this street address, issued between June 2025 and June 2025. This permit is a Commercial Building Permit with a declared valuation of $10,000,000, described as a 6 Story Hotel.

Local Context and Comparison

Magnolia Green Tempo is part of a portfolio of six other TDLR-registered projects designed by Type-Six, totaling $18,675,000. These include the Greenville Marriott SHS TPS in Greenville and the Home2 Abilene in Abilene. In Tarrant County, the median estimated cost for new construction is $800,000, and the median size is 8,200 sq ft. This project's cost is above the county median for its type, placing it in the top quarter of filings. Its size is significantly larger than the county median size.

The surrounding area in ZIP code 76104 has a population of about 20,694, with a median household income of $56,848. The area includes several local businesses such as Paris Coffee Shop and BREWED cafe. Other registered projects in the vicinity include John Peter Smith Hospital and Union Pacific Railroad, both involving renovation or alteration work. The Tarrant County unemployment rate was 4.4 percent in August 2026, lower than a year earlier.

Review Complete

Design review complete, construction may proceed

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Magnolia Green Tempo is a New Construction project located at 1201 Lipscomb St, Fort Worth, TX 76104 in Fort Worth, Texas. The project has an estimated value of $10.0M covering 88,067 sq ft. Hemphill Hospitality LLC is the property owner and TYPE-SIX is the design firm of record. The project was registered with TDLR on June 9, 2025.

Frequently Asked Questions

Is Magnolia Green Tempo open for business?

No. The project is under construction with a scheduled finish date of December 2026. The TDLR record confirms the status as Review Complete, but construction has not yet begun per the filing.

Who is the developer of record?

Hemphill Hospitality LLC is the owner and developer of record for the Magnolia Green Tempo project located at 1201 Lipscomb St in Fort Worth.

What is the total square footage of the hotel?

The new construction project includes 88,067 sq ft of space. This figure is part of the six-story hotel structure on the urban site.

When is construction scheduled to start and finish?

Construction is scheduled to start in October 2025 and is scheduled to finish in December 2026. The total build window is 426 days.

Is the project funded by public money?

No. The project is privately funded and located on private land for private use. It does not rely on public funding sources.

What is Magnolia Green Tempo?

Magnolia Green Tempo is a new construction project at 1201 Lipscomb St in Fort Worth, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: 6 Story Hotel on urban site with park

Is Magnolia Green Tempo open in Fort Worth?

Magnolia Green Tempo is still under construction in Fort Worth, TX, with an estimated completion of Dec 2026 according to its TDLR registration.

Where is Magnolia Green Tempo located?

Magnolia Green Tempo is located at 1201 Lipscomb St, Fort Worth, TX, 76104, in Tarrant County.

Who is the owner or developer of Magnolia Green Tempo?

Hemphill Hospitality LLC is the property owner/developer of record for Magnolia Green Tempo, per its TDLR project registration.

Who is the architect or design firm for Magnolia Green Tempo?

TYPE-SIX is the design firm of record for Magnolia Green Tempo, according to its TDLR filing.

How much does Magnolia Green Tempo cost and how big is it?

Magnolia Green Tempo has an estimated construction value of $10.0M and approximately 88,067 square feet (about $114/sqft), based on its TDLR filing.

Scope of Work

6 Story Hotel on urban site with park

Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.

Location & views

1201 Lipscomb St, Fort Worth, TX, 76104

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Related City Permits

Building permits found at or near this location

1201 LIPSCOMB ST, Fort Worth, TX 76104

6 Story Hotel

Awaiting Client ReplyCommercial Building PermitResidentialJun 2025
$10.0M
FTW-PB25-08050

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