Presidium Breaks Ground On 466K SF Luxury Multifamily Development In Alliance Town Center

Demand for multifamily product in North Fort Worth prompted real estate investment and management firm Presidium to break ground on a luxury multifamily community, Presidium at Revelstoke, in the Alliance Town Center area.

Courtesy of O'Brien Architects
Rendering Of Presidium At Revelstoke Multifamily Development In Alliance Town Center.

Alliance Town Center is a highly trafficked shopping and dining hub in North Fort Worth, where local populations are continuously growing on Tarrant County's appeal to local and national businesses.

“Corporate relocations and expansions are driving the demand for high-end multifamily communities in North Fort Worth,” Presidium co-founder and co-CEO John Griggs said.

Units in the three-story 466K SF development will be armed with smart technology, allowing residents wireless control over their apartment temperatures and lighting fixtures.

Presidium expects to complete the development's first building in mid-to-late 2020. In totality, Revelstoke will sit on 17.24 acres and offer 408 residential units with 9-foot ceilings, upscale finishes, and a fitness center with a yoga and spin studio.

Presidium purchased the land from Hanover Property Co. The investment firm hired O’Brien Architects to handle the development's design, Kimley-Horn as its civil engineer and Provident General Contractors to build out the project.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

KDC Pursues $3.5B In Financing For AT&T's Huge HQ Campus In Plano

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Carrier To Invest $600M In Fort Worth Advanced Manufacturing Facility

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Venu Closes $60M Sale-Leaseback Deal For McKinney Concert Venue Land

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Trammell Crow Breaks Ground On Office-To-Resi Conversion In Dallas: The DFW Deal Sheet

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development