$185M Waterside project starting in Fort Worth

FORT WORTH – Construction will begin next week on the $185 million Waterside development in southwest Fort Worth. The project includes a Whole Foods Market and a 375-unit multifamily community.

Trademark Property Co., in partnership with Sarofim Realty Advisors, closed on the purchase of 63 acres along the Trinity River at Bryant Irvin Rd. and Arborlawn Dr. from the Bryant Irvin Recreation Complex.

Trademark has planned the development for more than a year. In March, the City Council approved $18.5 million in incentives to help build roads and bridges in the project.

Trademark had been under contract to buy the land since May 2013.

Construction is scheduled to begin on October 20 on the initial phase of Waterside, which will include a 45,000-sf Whole Foods Market, space for shops and restaurants and an apartment community by Transwestern Development Co.

Phase one is excepted to be completed spring 2016, according to Trademark.

When completed, Waterside will have about 200,000 sf for shops and restaurants, 20 acres for residential use, 200,000 sf for offices and a signature hotel.