The $94.3 million development is a project of Trinity Metro, which owns the 2-acre tract, and Fort Worth Housing Solutions, which will lease the land and develop the project. The tract is now a park-and-ride lot and bus stop just south of the T&P Lofts on the southside of Interstate 30, where commuters pick up the Trinity Railway Express and beginning later this year, the 27-mile rail line TEXRail to Dallas-Fort Worth Airport.
The project has been in the works since 2013. At one time, a pedestrian bridge was planned over Main Street to connect a residential building and hotel site with a parking facility on the east side of Main Street.
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The agencies are in negotiations with Lewisville-based RMGM Developers, an affiliate of Matthews Southwest, to be the developer, said Mary-Margaret Lemons, president of Fort Worth Housing Solutions. Matthews Southwest has done several projects in Dallas, including the $346 million Omni Dallas Hotel and the $27 million Lamar Street retail project in front of it, the Alamo Drafthouse Cinema and a 164-unit loft development called Belleview, according to its website. Read more from star-telegram.com…
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