Bowery Southside Apartments

Our Role

RPL supported project construction oversight on behalf of an institutional equity investor for the development.

Unique Approach

• Involved related street extensions and widening.
• Created a new public park across the street.
• Impacted by adjacent highway and railroad rights of way.

Outcomes

• Completed in rapid time.
• Leased up quickly due to up-and-coming neighborhood.

Scope of Work

Development of an apartment complex including two 4-level wood-framed buildings in addition to two, 3-level wood-framed townhome style buildings with 463 surface parking spots on over 8 acres.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Fort Worth, Texas
• Size: 303 units, 4 floors, 248,600 SF
• Timeline: 2018 to 2020
• Services: Residential Development Oversight
• Cost: $48 million