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~$74M downtown multifamily housing project sets new timeline

The developer has also worked on projects in Denton, Hutto, and Houston.

A skyline view of downtown Fort Worth. In the middle of the photo towards the right, a blue location dropper points out where the new development will be located.

The development’s location is currently a vacant parking lot. | Image via FTWtoday

After announcing the project in 2022, the developer of a ~$74 million multifamily project has a new timeline and additional details.

New timeline

According to recent Texas Department of Licensing and Regulation filings — which are subject to change — construction on the project could begin in April 2025. The new anticipated completion date for the development is February 2027.

Project details

  • Who | Miami-based development company Resia
  • What | 312,000-sqft, 12-story apartment tower with a 1,200-sqft bath house + 220,000-sqft, 10-story parking garage
  • Location | 1000 Jones St. in downtown Fort Worth, between Fort Worth Central Station + the convention center
  • Cost | ~$74 million, featuring a $61 million apartment complex + $12.9 million parking garage

More from Resia

The Miami-based developer celebrated the opening of its Resia Dallas West project earlier this year. The 336-unit development is spread across eight apartment buildings in southwest Dallas.

The company has also worked on developments in Denton, Hutto, and Houston.

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