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The complex just north of the Stockyards will provide affordable housing to one of Fort Worth\u2019s most visited entertainment districts.<\/p>\n
Courtesy of Oldham Goodwin<\/p>\n
Fort Worth families looking for an affordable place to live near the Stockyards will soon have another option.<\/p>\n
Bryan-based developer Oldham Goodwin<\/a> is partnering with housing nonprofit Fort Worth Housing Solutions<\/a> 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.<\/p>\n The Exchange Apartments will cost $71 million to build, and will be the anchor of Oldham Goodwin\u2019s 14.6 acre Stockyards North Master Plan, the press release said.<\/p>\n \u201cThe Exchange is more than a residential community \u2014 it is the catalyst for a walkable, mixed-use district that will shape the future of Stockyards North,\u201d said Oldham Goodwin CEO Casey Oldham in the press release.<\/p>\n Future phases of the master plan community include a Home2Suites by Hilton, retail, restaurants and other commercial opportunities.<\/p>\n \u201cThe 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 Worth\u02bcs history and character,\u201d said Fort Worth Housing Solutions president and CEO Mary Margaret Lemons.<\/p>\n 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<\/p>\n Oldham Goodwin has been active in the Stockyards since 2006 when the company converted the old AmeriSuites<\/a> on East Exchange Avenue to the Hyatt Place.<\/p>\n The company also redeveloped the Wells Fargo bank building known as \u201cthe wedge\u201d<\/a> into the 170-room SpringHill Suites by Marriott hotel in 2019.<\/p>\n President and COO Hunter Goodwin said the company has been bullish on the Stockyards since its first investment in 2006.<\/p>\n \u201cIt 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,\u201d he said<\/p>\n