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The Sinclair Building (originally the Dulaney Building) is a Zigzag Moderne skyscraper in downtown Fort Worth, Texas. Located on the west corner of Fifth and Main street, the 200-foot-tall, sixteen-story tower neighbors fellow Art Deco landmarks the Kress Building and Blackstone Hotel .
The Fort Worth skyline as viewed from the west. Fort Worth, the 5th-most populous city in the U.S. state of Texas, is home to 50 high-rises, 21 of which stand taller than 200 feet (61 m). [1] The tallest building in the city is the 40-story Burnett Plaza, which rises 567 feet (173 m) in Downtown Fort Worth and was completed in 1983. [2]
The smart buildings technology startup behind downtown’s Sinclair Hotel is looking to expand its R&D footprint in Fort Worth, and it’s looking for help from the city.
In July 2009, in a filing with the Securities and Exchange Commission, Sinclair stated that if the company could not refinance its $1.33 billion debt, or if Cunningham Broadcasting became insolvent due to nonpayment on a loan worth $33.5 million, Sinclair may be forced to file for Chapter 11 bankruptcy. [28]
Famed Fort Worth resident Amon G. Carter was the first guest of the new Blackstone Hotel. Sid Richardson had a penthouse in the Blackstone for $750 a month from 1929–1932. The Blackstone was the first skyscraper in Fort Worth to embrace Art Deco architectural elements.
Sinclair has lost more than 70% of its market value in the last five years. The company’s market capitalization is about $975 million with an enterprise value of about $4.7 billion. Sinclair changes
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