Presidium Satisfies The Demand for Luxury Class-A Multifamily Developments in Burgeoning North Fort Worth Market multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.
FORT WORTH, TX - Presidium, a diversified real estate development, investment and management firm, has broken ground on Presidium Berkshire, a 352,000-square-foot, 340-unit luxury apartment community just minutes from one of Fort Worth’s most sought-after entertainment districts, Alliance Town Center (ATC). Presidium Berkshire is the second of three planned Presidium projects for the immediate area, which will total approximately 1,100 apartment units within the next four years. The firm’s first delivery in this area was the recently completely 408-unit Presidium Revelstoke, and the third part of this development plan will be an adjacent, yet-to-be-announced project with up to 350 multifamily units.
Builders plan 1,100 apartments in North Fort Worth near Alliance Airport
Presidium is putting up the 340-unit project, its second in that area.
Presidium Berkshire apartments are being built near Alliance Town Center.(O’Brien Architects )
Developers have broken ground on a North Fort Worth rental community – part of a plan to bring 1,100 new apartments to the area near Alliance Airport.
Texas-based apartment builder Presidium has started construction on its 340-unit Presidium Berkshire apartments on Berkshire Lake Boulevard near Alliance Town Center, which is on Interstate 35W.
“North Fort Worth is experiencing explosive growth,” Presidium’s John Griggs said in a prepared statement. “The area has emerged as one of the largest logistics hubs in the country and also has drawn in numerous Fortune 500 companies including Charles Schwab, Facebook, Amazon, BNSF Railway and Bell.”