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

Taiwan Semiconductor Manufacturing Co. Could Expand In North Texas

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

How Terrell Is Transforming Into A DFW Aerospace Powerhouse

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Younger Partners Buys 261K SF Terrell Power Center: The DFW Deal Sheet

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

'Office Is Back' As Corporate Relocations Continue To Fuel Demand In Collin County

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