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3L Real Estate filed plans with the state to begin converting the former home of Fort Worth National Bank and Oncor Electric to more than 300 apartments. The 330K SF project at 115 W. Seventh St. is set to kick off in August and take just longer than a year to complete.

The estimated cost of construction is $30M, according to the permit filing. Ground-level retail will remain intact.

3L is among a growing group of developers looking to breathe new life into obsolete office buildings. Just steps away from the Fort Worth National Bank building, Icon Lodging plans to spend $33M converting the former XTO Energy Building into a Residence Inn.