More luxury apartments are coming to Fort Worth’s Southside, but the builder is including tiny studio units designed to be affordable so that people who already live in the eclectic area can afford to stay there.
The seven-story complex known as the Rosedale will be built at the southwest corner of West Rosedale Street and South Jennings Avenue. It will feature 285 apartment units on five floors, two floors of structured parking and a large courtyard. Construction has begun and is scheduled to be completed in spring 2020.
The project is being built by the Hudgins Companies, which is erecting a similar project known as Mag & May just a block to the south of the Rosedale project. Mag & May also features a mix of apartment sizes, as well as ground-floor retail, a second-floor pool overlooking the popular Magnolia Avenue and locally created artistic works on the building’s exterior.
“We are continuing on the platform started by our Mag & May development by providing housing options that are specifically designed to appeal to those that currently live, work, and play in Near Southside,” Donald L. Hudgins Jr., the firm’s principal and founder, said in an amail. “Continuous evolution of the multifamily product type has always been paramount for us, and we are excited to offer some amenities at this project that the market hasn’t seen before.”
The Rosedale will offer 13 floor plans, including 465-square-foot efficiency units, 580-square-foot ground floor loft units and 1,285-square-foot two-bedroom penthouse units with clear and unobstructed views of downtown Fort Worth.
Rent amounts aren’t yet available, a spokeswoman said. However, a check of rental rates for Mag & May on Apartmentlist.com shows that a 465-square-foot studio apartment in that development is available starting in February for $970.
The Rosedale units also will feature Dwelo smart home systems that allow residents to control their lights, locks, thermostats, perimeter and controlled access points, and more via their smart phone. They also have LED lighting throughout and a 1 GB fiber internet pipeline dedicated to the property itself.
The apartments are also furnished with birch cabinets and quartz counter tops. Plans call for a rooftop lounge, dog grooming facility, private workout rooms and an arcade room.
Fort Worth’s Southside is a 1,400-acre district just south of downtown. As the area grows in popularity, a nonprofit organization known as Near Southside Inc. is working on ways to keep housing in the area affordable.
Citywide, Fort Worth has experienced a dramatic increase in apartment rental costs. Since 2010, 16,640 apartment units have opened in Fort Worth — but only 4 percent (710 units) are renting for below the average rent price of $1,093 per month.
Brian Crowell, a partner with the Hudgins Companies, said in July that he wants to build properties in south Fort Worth so that “people can engage with the streetscape.”
This report includes information from the Star-Telegram archives.