Join The Discussion

 

Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

read more >

Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

read more >

UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

read more >

Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

read more >

Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

read more >

Trinity Terrace to build 23-story River Tower

Trinity Terrace rendering. 

By Scott Nishimura
snishimura@bizpress.net

Trinity Terrace, the Fort Worth retirement community that overlooks the Trinity River downtown, plans to launch construction in November on a 23-story River Tower, Trinity Terrace said Friday.

It will be Trinity Terrace’s second major expansion since 2009, when it built the City Tower to go with the Terrace Tower, which opened 31 years ago. Construction will take about two years, Rene Beauchamp, Trinity Terrace’s residential services director, said in an interview.

The new tower, which will front 10th Street on the north side of the property, will have independent living apartments and penthouses, assisted living apartments, a memory care wing, and a 14th floor restaurant with an a la carte menu. The new tower will include extensions of the Terrace Tower’s hospital and assisted living floors.

The tower will have 79 independent living apartments ranging in size between 1,450 square feet and 3,300 square feet, 12 penthouses on three levels, 17 assisted living apartments, and four "brownstones" at street level on Fournier Street facing west. The 79 independent living apartments are "70 percent full,” Beauchamp said.

"We're way ahead of schedule," Beauchamp said. Trinity Terrace needed 30 percent pre-leasing to secure loans, and its goal was 50 percent before groundbreaking, she said.

Space, Trinity Terrace's hotel-like amenities, and continuum of care are strong appeals, Beauchamp said. Couples, for example, don't have to worry about travelling to see an ill spouse, she said.

"If you need those services, they are there," she said.

Manhattan Construction, which built the Texas Rangers’ Globe Life Park in Arlington, the Pier 1 headquarters in downtown Fort Worth, and Southwestern Baptist Theological Seminary Student Housing, will be the contractor, Trinity Terrace said.

The current Terrace Tower hospital floor has 46 beds. The expanded floor will feature all-private rooms and 17 more beds.

Trinity Terrace is converting all of its current hospital floor beds from semi-private rooms to private.

Trinity Terrace has one main dining room that is served largely by a buffet, and a game room that is being converted to a bistro. It also offers a private dining room on its assisted living floor, and food service to the hospital wing.

The complex’s Terrace and City towers have 280 apartments and 330-340 residents. Entrance fees and monthly charges vary by apartment size, lease flexibility and the number of people living in the unit.

Trinity Terrace declined to disclose what it's paying to build the new tower.

< back

Email   email
hide
Midterms
What was the message of the midterm elections?