Join The Discussion

 

Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

read more >

Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

read more >

Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

read more >

Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

read more >

Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

read more >

Third tower would expand options at Trinity Terrace

 

A. Lee Graham
lgraham@bizpress.net

Retired seniors could gain new residential living options if Trinity Terrace opens a third tower.
The planned 23-story tower would sit on land currently used as a parking lot at West 10th and Fournier streets. It would cover 290,000 square feet and offer 123 apartments.


An estimated construction cost has not been determined.
“[We] originally considered it in 2008, but the economic world took a downturn and the expansion was not as appetizing,” said Lee Patterson, executive director of the housing community, which is owned by Cumberland Rest Inc., a Fort Worth nonprofit.
Trinity Terrace debuted in 1983 with a 15-story tower featuring 197 apartments and a skilled nursing floor with 60 beds.
A second tower opened in 2008, a floor taller than the original tower and boasting 80 units.
If marketing studies confirm strong demand, prospective tenants can expect apartment pre-leasing to begin in January; half of the planned units need to be leased before construction begins, Patterson said.
“We are conducting a feasibility study to see what the market will sustain,” he said.


Apartments would range from 1,600 to 2,700 square feet. But what would distinguish the third tower from the existing towers?
“It will expand our skilled nursing facility and assisted living along with a dining room venue in on the 16th floor,” Patterson said.
A skywalk is planned to extend from that level to the Terrace Tower, providing a connection to the new sky dining room that will serve as the dining area for both towers.
Plans call for independent living units on the new tower’s ground level, with residents entering the building through private 10th Street entrances. Filling the other floors would be assisted and independent living units, topped by penthouses on higher floors.

 

 

< back

Email   email
hide
TCU/Baylor
Did the College Football Playoff Committee get it right?