A new mixed-income apartment community is officially on the way just north of the Fort Worth Stockyards, and it is coming in big. The Exchange Apartments will bring 296 studio, one-, two-, and three-bedroom homes to the corner of North Main Street and Northeast 29th Street as the first vertical phase of a 14.6-acre Stockyards North master plan. Announced today, the project is a partnership between developer Oldham Goodwin and public housing authority Fort Worth Housing Solutions.
What The Exchange Will Include
In a press release via Oldham Goodwin, the developer put the project cost at about $71 million and confirmed it will include 296 studio, one-, two-, and three-bedroom units. Residents are set to get a resort-style pool, fitness center, clubhouse, dog park, and grilling areas as part of the package.
CEO Casey Oldham called The Exchange "the catalyst for a walkable, mixed-use district," and said the community will serve as the residential anchor for the larger Stockyards North plan.
Where It Fits In The Master Plan
Fort Worth Housing Solutions described The Exchange as its first housing community in the Stockyards and framed the public-private deal as a tool to keep more workers and families living near the district’s jobs and businesses, according to a statement from Fort Worth Housing Solutions. Local reporting and tourism figures put annual visitation to the Stockyards at roughly nine million, a number developers point to as support for adding workforce housing close to the area’s hospitality and retail jobs.
Local Context And Developer Track Record
Oldham Goodwin has been working in and around the Stockyards since the mid-2000s and has already put its stamp on several nearby properties. The firm converted an AmeriSuites into a Hyatt Place and later repositioned another building into the SpringHill Suites by Marriott, as reported by the Fort Worth Star-Telegram. Company leaders say The Exchange will be the first vertical piece of a mixed-use neighborhood that combines new homes with hotels, retail, and restaurants.
What’s Next
Future phases of Stockyards North are slated to add a Home2Suites by Hilton, along with street-level retail and restaurants. In its release, Oldham Goodwin also named Strategic Construction, Sage Architecture, Kimley-Horn, and Amegy Bank as project partners. Developers say The Exchange is intended to help stitch together a walkable, mixed-use corridor that supports both the Stockyards’ tourism economy and nearby residents who work in the district.
