Palladium USA is excited to announce the development of Palladium City Skyline, a 243-unit luxury mixed-income multifamily residential community located in the 4900 block of East Lancaster Avenue. This eight-acre property will be a transformative gem for the community, offering an array of top-tier amenities that cater to diverse lifestyles. The development will feature thoughtfully designed indoor and outdoor children’s play areas, a state-of-the-art fitness center, a sparkling swimming pool, a dog run, and numerous other amenities aimed at enhancing the quality of life for its residents.
“Construction has started, and we will be delivering the clubhouse and first units in early 2026”, says Tom Huth, President and CEO of Palladium USA.
Palladium USA has finalized a design that reflects the community’s needs and aspirations and Palladium City Skyline marks the first new private construction project within Fort Worth’s Public Improvement District #20 in two decades, representing a significant milestone in the revitalization of the East Lancaster Avenue corridor.
“I am thrilled to welcome Palladium City Skyline to our community and District 11. This mixed-income development is a shining example of how we can create vibrant, inclusive neighborhoods that offer high-quality housing options for residents at all income levels. By providing both luxury and affordable living spaces, Palladium City Skyline will play a key role in the ongoing revitalization of the East Lancaster Avenue corridor”, says Fort Worth District 11 Councilmember Jeanette Martinez.
Palladium City Skyline, a public-private partnership with the Fort Worth Housing Finance Corporation (FWHFC), was designed by Arrive Architecture Group. The development will be built in partnership with Treymore Construction and the FWHFC. The project is supported by a $6 Million Multifamily Direct Loan from the Texas Department of Housing and Community Affairs (TDHCA), ensuring affordable rental options for individuals earning 30%, 60%, 70%, and 80% of the area’s median income.
Cindy Boling, President of the Central Meadowbrook Neighborhood Association said “Central Meadowbrook Neighborhood Association (“CMNA”) is excited for ground to break on this amazing residential development. We welcome Palladium City Skyline to our neighborhood!”
TDHCA issued $30 Million in tax-exempt bonds, Regions Bank provided $27 Million of equity and $30 Million of long-term debt, and TDHCA provided over $30 Million of 4% Housing Tax Credits for this placement.
Kim Parker, Executive Director of Palladium USA, stated, “We are thrilled to bring Palladium City Skyline to Fort Worth. This development is a testament to our commitment to creating high-quality, inclusive communities that meet the diverse needs of modern residents, and will be Palladium USA’s fifth multifamily development within the city of Fort Worth
