The first large private development for the Panther Island District was announced Oct. 20 and officials behind the Trinity River Vision project say they expect to see many announcements follow.
“This announcement just opened the next phase of Panther Island – dynamic vertical growth,” said J.D. Granger, executive director of the Trinity River Vision Authority, the organization responsible for the implementation of the Trinity River Vision (TRV) plan.
Encore Multi-Family LLC, a subsidiary of the Dallas-based Encore Enterprises Inc., announced Oct. 20 it is officially under contract to break ground on the first private development on Panther Island. The 233,198 square-foot multi-family community, called Encore Panther Island, will connect the streetscape to the Riverwalk environment planned for the district. Residents will have waterfront balconies, an infinity pool with cascading waterfalls, a state-of-the-art fitness facility and a top floor lounge that will feature views of downtown. Located at the intersection of 4th Street and North Main Street, residents at the 300-unit community will be walking distance to neighbors such as Panther Island Brewing, Coyote Drive-In and Panther Island Pavilion.
“As the first development within the district we have carefully designed our project to fully integrate into this special high-density mixed-use district. We are dedicated to creating a special pedestrian-focused experience that allows our residents to walk out their front door and walk along the canal to enjoy the boardwalk along Fort Worth’s future town lake,” said Bharat Sangani, chairman of Encore Enterprises.
The multi-family project will be a model – as well as a pioneer – for what Fort Worth area officials see as a massive mixed-use project that will change the shape of Fort Worth’s central city. The plans call for the creation of a Riverwalk, a lake, and canals along with an entertainment district and condos and apartments.
With some zoning approval from the Fort Worth City Council earlier this year, development is poised to begin, with Encore’s project the first out of the gate.
“The TRVA Development Committee is excited about Encore’s announcement of this magnificent project. Encore’s inspiring design of the residences and Riverwalk is exactly what Fort Worth has been wanting to see,” said Granger. “The section of Riverwalk that winds through the middle of Encore’s project will connect beautifully to Fort Worth’s most progressive mixed use high-density district and is a great snapshot of our future.”
The multi-family development will be situated along the first segment of a series of interconnected canals that will wind throughout the island.
“We carefully studied the Riverwalk in San Antonio and worked closely with the Trinity River Vision Authority Design Committee to combine the organic feel beloved in San Antonino with Fort Worth’s distinct culture to create a one-of-a-kind living experience,” said Bradley Miller, president of Encore Multi-Family. “We have designed community spaces along the Riverwalk to give our residents a true outdoor living room experience that will promote the active outdoor lifestyle that’s central to Panther Island.”
The design of the buildings celebrates Fort Worth’s connection to the railroad and takes cues from the historic railroad bridge trusses located throughout the city, according to Encore. The iron features throughout the design will be carefully balanced with extensive landscaping featuring a multitude of trees and native plantings.
Construction for Encore Panther Island is slated to begin summer 2017. Encore Multi-Family anticipates a grand opening date of summer 2018. Architect for the project is Good, Fulton & Farrell and the civil engineer will be Kimley-Horn & Associates.
Other multi-family projects by Encore include Encore Alsbury in Burleson, Encore Swiss Avenue in Dallas and Encore Crossing in Corpus Christi. Among the company’s retail projects, it is working on the Marketplace at Craig Ranch in McKinney.