From The Fort Worth Report:
The next step in the Stop Six neighborhood transformation plan is set to bring an additional 80 apartments and townhomes to the historic southeast Fort Worth area.
Babers Manor, located on a vacant lot at the corner of Ramey and South Hughes avenues, will bring in two-story and three-story apartment buildings and townhomes. The project is estimated at $30.5 million, and groundbreaking is expected in early 2024.
Construction is anticipated to last 18 months, with a completion in the latter half of 2025 and tenants moving in shortly after, Fort Worth Housing Solutions and master developer McCormack Baron Salazar Inc. said in an email.
About 51 of the 80 units will be set aside for low-income households, of which four will be permanent supportive housing. The project will include some apartments set aside for former Cavile Public Housing residents, who will get first pick. The remaining 29 homes will be rented out at market rate.
The first development in the project is Cowan Place, a 174-unit mixed-income, senior living community. That work is expected to be completed later this year. Work on the second part of the project, Hughes House, a mixed-use development with apartments and townhomes, is still ongoing.
For the residents of the historic Stop Six neighborhood, this new development is the latest toward continued, renewed investment in a long-neglected area of the city.
“We want this to be a model that will accent the neighborhood, complement the investment that the city (and Fort Worth Housing Solutions) has made in this area,” said Historic Stop Six Neighborhood Association President Michael Moore.
Read The Fort Worth Report's article "More apartments, townhomes coming to Stop Six as part of transformation plan," featuring Fort Worth Housing Solutions.