FORT WORTH–Trademark Property Co., in partnership with Sarofim Realty Advisors, has closed on the acquisition of 63 acres of infill land located on the Trinity River in southwest Fort Worth, which will be home to Waterside, a 400,000-square-foot-plus mixed-use development. The first phase of construction will begin on Monday, Oct. 20. Trademark purchased the land from Bryant Irvin Recreation Complex (CERA), formerly Lockheed Martin Recreation Association, which owned 81 acres at the location.
The project will include Fort Worth's first Whole Foods Market, a 45,000-square-foot edition that will offer a large outdoor seating area, among other features that will be tailored to Waterside. Trademark reps tell GlobeSt.com that additional retail tenants will be announced in the next two to three weeks.
The project also will feature 375 high-end, multifamily rental homes built by Transwestern Development Co. In total, Waterside will include 200,000 square feet of retail space and riverside restaurants, 20 acres of residential, 200,000 square feet of office space and a signature hotel. Phase I is slated to open spring 2016.
A significant aspect of the project is its Conscious Place designation, which will be a sustainable development model implemented at Waterside in partnership with Whole Foods Market as a place of commerce, community and meaning. It is designed to engage guests and bring people together by educating, inspiring, hosting and raising awareness in a natural and inviting environment and will offer everything from pet parks, urban gardens to solar power charging stations and 'information stations' with interactive displays.
“We have a vision of what this landmark site and its river frontage can become and how it will tie directly to our new 'Conscious Place' initiative,” says Trademark CEO Terry Montesi. “We are creating a district that reminds us about the importance of healthy living, sustainability, and connecting with and being involved in the community. This is the best opportunity ever to live out our purpose statement 'to be extraordinary stewards, enhance communities and enrich lives' and partner with a world class, purpose-driven retailer like Whole Foods Market.”
Upon completion, Waterside will be a walkable district with dynamic shopping, leisure activities, offices, hotel and residential living situated along the Trinity River.
Trademark has partnered with San Francisco-based Field Paoli as lead architect and Denver-based Stantec Vibe in charge of place-making, environmental graphics and landscape. Additionally, Fort Worth-based Kimley Horn & Associates will lead the civil engineering efforts with EMJ Construction building the project.
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