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Classified in: Business
Subject: CXP

Embrey Partners to Begin Construction On New Fort Worth Multifamily Project


FORT WORTH, Texas, Jan. 20, 2020 /PRNewswire/ -- Embrey Partners will begin construction this month on The Elm at River Park, its newest multifamily project in Fort Worth, Texas.

Embrey closed in late December on its purchase of the site, which is adjacent to The Shops at Clearfork on River Park Drive near the Trinity River Trails River Park Trailhead and Waterside. The 293-unit property, with an urban contemporary farmhouse design, is just a 10-minute drive southwest from downtown Fort Worth.

"The opportunity to develop this project in such a desirable area with great access to the Chisolm Trail Parkway and nearby amenities such as premier shopping is exciting for Embrey," said John Kirk, Managing Director & Executive Vice President for Development. "Our reputation is for developing places where people want to be and residents will have easy access and walkability to a movie theater, retail shopping like Nordstrom, dining like Mutt's Cantina, and Whole Foods grocery. It's just a short walk to recreational opportunities along the Clear Fork Trinity River and the connecting trails."

The multifamily community will offer a mix of one-, two- and three-bedrooms with structured parking. There is a rich mix of amenities for residents including a resort-style pool, a state-of-the-art fitness center, a dog park, and bike storage.

First occupancy for residents is planned for the summer of 2021.

About Embrey Partners

San Antonio-based Embrey Partners, Ltd., is a diversified real estate investment company that owns, develops, builds and manages market-rate multifamily and commercial assets in targeted markets across the United States. Since 1974, Embrey has developed more than 39,000 apartments and over 6 million square feet of commercial property. Embrey is one of the leading developers in the multifamily sector, with approximately 6,000 units under construction or in development. www.embreydc.com

 

SOURCE Embrey


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News published on 20 january 2020 at 09:00 and distributed by: