Fort Worth city council members will be asked to vote Tuesday on amending the zoning regulations in what will become the newly-named Panther Island District.
A massive development is planned along the banks of the Trinity River, just north of downtown.
Part of the plan is to flood much of what is now known as Panther Island Pavilion, the park that hosts the annual Fort Worth’s Fourth celebration, to develop a lake similar to Austin’s Lady Bird Lake.
Nearby, canals would be constructed to connect the lake to a new housing and business development.
“To put it in terms people know, it’s the San Antonio Riverwalk. Our very first section of Riverwalk in Fort Worth,” Trinity River Vision Authority executive director JD Granger said.
Granger said he expects a public announcement of the first building construction in the area within the next 45 to 60 days.