The first phase of the city’s Cavile Place redevelopment plan are moving forward as the Fort Worth City Council unanimously approved two zoning changes on May 17 that would allow multifamily housing to be built along East Rosedale Street.
The rezoned areas are located at the 5400 and 4900 blocks of East Rosedale Street, which went from commercial to residential zoning. Fort Worth Housing Solutions (FWHS) is planning multifamily developments on both blocks – the building on the 5400 block will be three stories and 132 units, while the building on the 4900 block will be three stories with 107 units. FWHS is working on the project with Dallas’ Humphreys & Partners Architect.
The project cost and timeline have not been finalized yet, but FWHS hopes to start construction before the end of the year, said Sydnee Freeman, FWHS senior real estate development project manager.
FWHS has also applied for state tax credits to help fund the development, she said.
FWHS planning a meeting with the area’s neighborhood associations on May 28.
“A lot of people want to see some major changes at Cavile,” Freeman said.
Both projects are part of the first phase of the city’s overall plan to put housing and mixed-use development in the Stop Six neighborhood, roughly bounded by East Rosedale Street, Stalcup Road, Ramey Avenue and Edgewood Terrace. The city council adopted the plan, known as the Cavile Place Neighborhood Transformation Plan, in 2014 and intends to carry out the plan over the next 15 years. One part of the plan is to put mixed-income housing in place of the existing 300-unit Cavile Place apartments, which were constructed in 1954.