Two new Fort Worth residential properties are looking to be future of city
Walk out of your quiet, boutique apartment, and you’re steps away from communal workspace, a market, shops, museums, and restaurants. You’re on your way to a Buddha Board class (yoga on surfboards) in the heart of the city, when you realize you forgot to lock your door. No problem — you lock up from your phone, check that you switched your lights off, and slide onto your surfboard right on time.
That’s the vision Fort Capital has for Fort Worth’s up-and-coming Foundry District, north of West 7th Street, where it has just broken ground on two new residential properties.
“The existing West 7th Street district has been on fire for a while,” says Fort Capital’s founder and CEO, Chris Powers. “People love the quick access they have to retail, restaurants, and entertainment all in one.”
The company strategically chose the Linwood location for these new developments because it’s in a quieter neighborhood, set back from the hustle and bustle of the area, but it still has quick access to all of the entertainment and attractions the West 7th Street district has to offer. The mixed-use development will now be home to eight “smart-units” called The Townhomes at The Foundry, and Fort201, a multifamily property of 72 contemporary apartments.
The Townhomes are three-story units with high ceilings, two bedrooms, two-and-a-half baths, and a two-car garage. Sustainable design features like argon gas-filled windows and Smart Home automation are part of Fort Capital’s efforts to bring value to the area with “a product that is above and beyond what you typically see,” says Powers. The 2,134-square-foot townhomes will also boast rooftop terraces, complete with wet bar and cooking area, and are priced starting at $430,000.
Fort201 is Fort Capital’s multifamily project, with one- and two-bedroom apartments targeting young professionals. The apartments feature similar Smart Home capabilities, as well as Carrara marble countertops and an electronic doorman; rent starts at $1,075 a month. Construction has already begun and is scheduled to be completed in late 2017.
In addition to residences, The Foundry promises a mix of creative offices, event spaces, restaurants, and retail. A press release reports that tenants include M2G Ventures, Tactical Systems Network, Morris Capital, Hillstar Capital, M&O Station Grill, Fort Worth Screen Printing, City Surf Fitness, Cowtown Marathon, Leonard's Museum, and Feathers.
Powers says his long-term vision for the company is one that focuses “less on simply what we do, and more on why we do it.”
In The Foundry, that means cutting-edge, sustainable design strategies and amenities that make life easier and better overall for Fort Worthians. He believes the city is “in the early innings of its growth story, and we are committed to not only being a driving part of the growth, but also as a corporate spearhead in the future of Fort Worth — and how it is shaped."