FORT WORTH, TX—As the population continues to increase in DFW, housing is following suit in many metroplex areas. One recent example where leasing is underway is Presidium Revelstoke, a three-story, 466,515-square-foot residential community in Alliance Town Center in North Fort Worth. The project is expected to be fully complete next year.
This is the first multifamily community near Alliance Town Center that integrates SMART technology into each of its 408 units. This SMART technology allows residents to control the temperature, access and lighting from wireless devices.
"Presidium Revelstoke was designed to make life hassle-free for its residents in one of North Fort Worth's most up-and-coming areas," said John Griggs, co-founder and co-CEO of Presidium. "Our team focuses on sculpting a sense of place immersed in sustainable technology-rich environments and this project perfectly models those characteristics. We look forward to fueling that passion in our other upcoming developments."
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According to the US Census Bureau, Fort Worth was the fastest growing large city with an increase of 206,512 people between 2000 and 2010. This represents an average annual increase of approximately 20,650 people and a growth rate of 3.9% a year.
"Fort Worth has been a booming city for many years, but recently the growth in North Fort Worth has been especially explosive and very resilient even in the current environment," Griggs tells GlobeSt.com.
"As one of the world's premier logistics hubs, AllianceTexas has continued its pace of growth even through much of 2020 and we are drafting from those tailwinds in North Fort Worth. Add in key corporate relocations, including Schwab and growth in other top-tier employment, and the area is one of the hottest in the country."
Amenities include a pool with cabanas, gas grills and game areas, a second-floor outdoor deck overlooking the pool area and a fitness center with a dedicated spin and yoga studio. A 10,000-square-foot clubhouse and leasing center offer residents a full-sized demonstration kitchen, business center and billiards room. Other outdoor amenities include a dog park with a washing station, onsite car wash, electric car charging station and a community playground. Presidium Revelstoke is constructed on a 17.24-acre site.
Presidium engaged O'Brien Architects to design the property, Kimley-Horn as the civil engineering firm and Provident General Contractors as the builder.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
