Thursday, October 29, 2015

Ventures Development Begins Construction on South 400 Apartments

The 2.1-acre parcel is located at the corner of Jennings
and Broadway avenues in Fort Worth.

FORT WORTH, TEXAS — Ventures Development Group (VDG) has begun construction on the first multifamily development in the Near Southside Community of downtown Fort Worth. The 2.1-acre parcel is located at the corner of Jennings and Broadway avenues across the street from the Broadway Baptist Church.

In conjunction with the development, the local tax increment district has approved infrastructure improvements, updated streetscapes and environmental remediation.

VDG has engaged the multifamily division of Stream Realty Partners to manage the five-story, 209-unit community, which will also include 2,600 square feet of ground-floor retail space and four live/work studio lofts. South 400 Apartments will include amenities such as a sky lounge overlooking the Fort Worth skyline and private terraces.

Texas Real Estate Business