Trademark snaps up Trinity River land in Fort Worth for Whole Foods-anchored development

Oct 16, 2014 - Dallas Business Journal

Fort Worth-based Trademark Property Co., in partnership with Sarofim Realty Advisors, has bought 63 acres of land on the Trinity River by Bryant Irvin Road and Arborlawn Drive for a new massive Whole Foods-anchored development.
Terms of the land acquisition were undisclosed. Trademark bought the property from Bryant Irvin Recreation Complex, formerly Lockheed Martin Recreation Association, which owned 81 acres at the site.
The development, known as Waterside, will bring the first Whole Foods to Fort Worth, as well as 20 acres of residential development, 200,000 square feet of office space and a hotel. The Whole Foods — as well as riverside restaurant space — will include large outdoor seating areas.

This new neighborhood will bring a focus of healthy living, sustainability and connecting with the community to Fort Worth, said Trademark CEO Terry Montesi.

"This is the best opportunity ever to live out our purpose statement, 'to be extraordinary stewards, enhance communities and enrich lives' and partner with a world class, purpose-driven retail like Whole Foods Market," he said, in a statement.

Construction is scheduled to begin on Oct. 20 on the initial phase of Waterside, which will include 375 luxury apartment homes developed by Transwestern Development Co., the Whole Foods grocery store, and retail and restaurant space. The phase is scheduled to open in spring 2016.
The project will include a public space called The Grove, which will include several heritage trees, outdoor seating venues, local micro-restaurants, public art and a community pavilion.

San Francisco-based Field Paoli is the lead architect on the project. Denver-based Stantec Vibe is the landscape and environmental architect. Fort Worth-based Kimley Horn & Associates will oversee the civil engineering of the project. EMJ Construction is building Waterside.


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