Residential living in downtown Fort Worth is becoming more and more popular. In the immediate downtown area only 36 units are offered for sale. These are in the Landmark Towers on Houston St., with prices ranging from $131,250 to $612,500 for just a "shell" to be finished out by the buyer. Of the 36 units, 15 have already sold as of the middle of June.

At the northern edge of town, west of the courthouse, Perry Homes has 18 three story townhomes for sale in various stages of construction, ranging from 2105 to 2924 sq.ft. Called Remington Place, on Belknap, prices range from $248,800 to $284,450. These will be completely finished out and ready for move in.

To the west of downtown, on 7th Street and Summit, the Summit Lofts have ten units for sale, each with about 3500 sq. ft. for $450,000. All of the above residences for sale have many amenities, including terraces, covered, secured parking, the latest in technology and even, at the Summit Lofts, a special terrace garden to walk the dog.

Most of the residential opportunities downtown are for lease, with 350 units in the immediate downtown area at Sundance West and the Sanger Lofts, with only two units now available and a waiting list for others, the Historic Electric Building, Houston Place Lofts and the rental floors of Landmark Towers. Occupancy stands at about 98%.

Near downtown several apartment communities are in various stages of construction offering 872 units for lease. The Firestone along 7th and 5th Streets, the Reserve at Henderson St., Windsor Place on 7th St., and The Gates of 7th Street Station, across from Montgomery Wards on 7th Street, are all offering similar sizes and prices from 600 to 700 sq.ft. for $700 to $800 a month, to 1500 to 1600 sq.ft. for $1600 to $1700 per month. The Gates of 7th Street is the only apartment complex with units as large as three bedrooms.

Of all the amenities offered with all of these residential opportunities, the main thing missing is a good grocery store within convenient walking distance of any of them. As a preservationist, I would hope that one of the old car dealerships along 7th Street will be converted into a supermarket, rather than torn down.

I have some packets on several of these complexes and will be glad to give you more detailed information if you call me. Of course, since I do not handle rental properties, the units for sale are the ones that most interest me. They all will cooperate with Realtors, so if you have an interest, please be sure to call me first.
(July, 1999, No. 15)

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