Affordable apartment complex planned just north of the Fort Worth Stockyards
Fort Worth families looking for an affordable place to live near the Stockyards will soon have another option.
Bryan-based developer Oldham Goodwin is partnering with housing nonprofit Fort Worth Housing Solutions to build a 296-unit mixed income apartment complex on the corner of North Main Street and Northeast 29th Street, according to a press release.
The Exchange Apartments will cost $71 million to build, and will be the anchor of Oldham Goodwin’s 14.6 acre Stockyards North Master Plan, the press release said.
“The Exchange is more than a residential community — it is the catalyst for a walkable, mixed-use district that will shape the future of Stockyards North,” said Oldham Goodwin CEO Casey Oldham in the press release.
Future phases of the master plan community include a Home2Suites by Hilton, retail, restaurants and other commercial opportunities.
“The addition of affordable housing in the Stockyards helps ensure our neighbors who bring the district to life every day can afford to live and work in the iconic neighborhood that embodies Fort Worthʼs history and character,” said Fort Worth Housing Solutions president and CEO Mary Margaret Lemons.
The Exchange Apartments will feature units ranging in size from studio to three-bedroom. The complex amenities will include a pool, fitness center, clubhouse, dog park and grilling areas
Oldham Goodwin has been active in the Stockyards since 2006 when the company converted the old AmeriSuites on East Exchange Avenue to the Hyatt Place.
The company also redeveloped the Wells Fargo bank building known as “the wedge” into the 170-room SpringHill Suites by Marriott hotel in 2019.
President and COO Hunter Goodwin said the company has been bullish on the Stockyards since its first investment in 2006.
“It is very meaningful for our entire company to be able to bring a host of our services to one of our favorite Texas markets while also partnering with Fort Worth Housing Solutions, who continue to lead in addressing the nationwide housing affordability crisis,” he said
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