Texas Wesleyan University
The Rosedale
Texas Wesleyan University and a development group broke ground Tuesday on The Rosedale, a 48,271-square-foot student residential apartment building at East Rosedale and Collard streets.
The Rosedale - when complete in summer 2022 - will be the latest piece of the Rosedale Renaissance, an ongoing revitalization of the street around the university's Poly home, led by Texas Wesleyan, City of Fort Worth and Tarrant County.
"It's the latest example of the commitment we've made to immerse our students in a community," Fred Slabach, the university's president, said in remarks at the ground-breaking this morning.
The university has spent $50 million in the last 10 years on improvements to the campus, and government partners have invested more on the revitalization of Rosedale in front of the campus.
The irmprovments, including the Nick and Lou Martin University Center, are aimed at engaging students outside the classroom and improving their experience.
The $10.5 million three-story Rosedale apartment building will feature one and two-bedroom apartments and private secured parking. It will serve more than 100 students.
Construction is expected to be complete July 1, 2022, with amenities including lounge with large-screen televisions, weight room, gym, study rooms, conference rooms, rooftop patio, package lockers, and gate-secured parking with 101 spots, including some covered. The building will have 59 apartments, including 18 one-bedroom and 41 two-bedroom.
Owner and operator Miyama USA Texas and student housing developer Panteras Development Partners worked closely with the University’s Division of Student Affairs, which hosted two meetings last year with graduates, undergraduates, and staff.
"We're ecstatic to be a part of it," Alex Bryant, co-founder and managing partner of Panteras Development, said in remarks at the groundbreaking.
Miyama USA Texas has years of experience working with student housing, developing housing for the University of North Texas in the 1990s.