Presidium, a Dallas real estate development, investment, and management firm, said Monday it has broken ground on Presidium Berkshire, a 352,000-square-foot 340-unit luxury apartment community in Fort Worth’s fast-growing Alliance Corridor.
Presidium Berkshire is the second of three multifamily projects that Presidium plans in the corridor, totaling about 1,100 apartments within the next four years, the firm said. Presidium’s first project was the recently completely 408-unit Presidium Revelstoke.
“The third part of this development plan will be an adjacent, yet-to-be-announced project with up to 350 multifamily units,” Presidium said.
The project is aimed at serving population growth driven by the continued development of the AllianceTexas logistics hub.
“North Fort Worth is experiencing explosive growth,” John Griggs, co-founder and co-CEO of Presidium, said in a release. “The area has emerged as one of the largest logistics hubs in the country and also has drawn in numerous Fortune 500 companies. Following the success of our Presidium Revelstoke development, the neighboring community, Presidium Berkshire, will provide an excellent luxury housing option for the current and future residents of this booming submarket.”
Presidium expects to complete Berkshire, being constructed on a 12-acre site, in mid to late 2022, the firm said.
Dallas-based O’Brien Architects is the architect. The apartments will each feature 9-foot ceilings, natural wood-inspired flooring, energy-efficient stainless-steel appliances, in-unit laundry, walk-in showers with garden style tubs, and high finishes, Presidium said. “All apartment homes will be connected through a series of air-conditioned interior corridors with elevators for maximum comfort year-round.”
Amenities will include a clubhouse with gaming tables, “speak-easy style” bar, business center with wi-fi café, private offices and conference rooms, demonstration kitchen, two-story fitness center, 38 private garages, dog park, pet grooming station, car wash, resort-style pool with fountain splash pads, second-floor roof deck overlooking the pool, and outdoor kitchen with multiple grills.
Kimley-Horn is the civil engineer, and Provident General Contractors the builder.