A new multifamily development under construction in Texas will straddle two separate city blocks.
Oleander Apartments, a 327-unit multifamily development located in the Hospital District of Fort Worth, Texas, will be built on two separate blocks and connected by a bridge.
Developed by Dallas-based Lang Partners and designed by JHP Architects, the 279,114-square foot apartment complex will connect one five-story wood-frame building via a sky bridge to another five-story wood frame-building wrapped around a six-level concrete parking garage. The project is being constructed by KWA Construction.
The bridge will provide a crossover to the apartments’ garage, clubhouse, pool and other shared amenity areas. The neighborhood, besides providing a vast amount of high-income employment, offers many walkable dining and entertainment options. Rent will range from $1,100-$2,800 a month, according to a press release.
For the project, Lang Partners has received approval for $1.2 million in funding from the tax increment finance district, also for public right-of-way and easement improvements, utility work and streetscape improvements. It is expected to be complete in Summer of 2017.
“The construction of Lang Partners’ Oleander Apartments will be transformational for the Medical District due to the impressive design and the additional option of high-quality housing for those working and serving in the neighborhood, as well as those looking to be near the Magnolia Entertainment District,” says Brian Webster, executive vice president of KWA Construction.