May 20, 2021
FORT WORTH, Texas – CRG, the real estate development and investment arm of Chicago-based Clayco, today announced leasing is underway for Broadway Chapter, a five-story, 320,646-square-foot, new-construction rental community with 242 apartments at 401 Hemphill St. in Fort Worth’s Near Southside district. Designed by Lamar Johnson Collaborative (LJC), Broadway Chapter is the first development delivered as part of CRG’s $1 billion residential strategy, which aims to invest in multifamily developments to serve middle-income earners in select U.S. markets. Broadway Chapter is slated to welcome first move-ins in July.
“We are excited to enter the Fort Worth market with a residential offering that meets the needs and desires of those choosing to live in a vibrant city neighborhood,” said J.J. Smith, CRG managing partner, residential group. “Ideally located with easy access to Fort Worth’s employment hubs and recreation areas, and outfitted with Zoom-friendly coworking spaces and work areas in every apartment, Broadway Chapter is designed for today’s hybrid-work lifestyle.”
Located on two acres at the corner of Hemphill Street and West Broadway Avenue, Broadway Chapter will offer a mix of studio, one- and two-bedroom apartments, including 15 one-bedroom lofts boasting 20-foot ceilings, and 4,500 square feet of indoor amenity space to include a library, a state-of-the-art fitness center with Peloton bicycles and a yoga area, and a resident lounge with coffee bar. Outdoor recreational amenities include a landscaped courtyard and sun deck with an infinity-edged swimming pool, in-pool loungers, grilling stations, dining areas, fire pit and terrace seating.
The spacious, open plan apartment homes include oversized windows with expansive views of downtown Fort Worth; wood-style plank flooring; chef’s kitchens with stainless steel appliances; bedrooms with large walk-in closets and custom shelving; full-size in-unit laundry; and private balconies per plan. Floor plans range in size from 547 to 1,195 square feet and are priced from $1,300 to $2,700 per month.
Additional resident amenities include secure bike storage and a five-story parking garage, accessible from Grainger Street and connected to the west side of the building. The site will offer wireless connectivity at speeds of up to 1GB with coverage to include all common areas, including the lobby, lounge and outdoor recreation areas.
“The apartments look and live like high-end luxury residences in the city center,” Smith said. “The one-bedroom lofts are a particularly distinct offering for the Fort Worth market, offering beautiful downtown views and the opportunity for a flexible space that can serve as a designated bedroom, office, reading nook or exercise space.”
Broadway Chapter is ideally positioned in Fort Worth’s Near Southside district, a mixed-use, walkable urban neighborhood located less than one mile from the city’s downtown. The Near Southside serves as Fort Worth’s design district, boasting more than 70 creative firms, and the city’s medical district where the area’s largest hospitals are located including Cook Children’s Medical Center, Baylor Scott & White All Saints Medical Center, Texas Health Harris Methodist Fort Worth and John Peter Smith Hospital. Near Southside residents also enjoy some of the city’s most celebrated restaurants, along with a vibrant arts and cultural scene as recently acknowledged by the Texas Commission on the Arts when the area was awarded the prestigious cultural district status in 2020.
CRG worked in partnership with Near Southside, Inc.’s ArtSouth community art program to identify an artist to create a 5,000-square-foot mural covering the southern façade of the parking garage, visible from W. Peter Smith Street. Through its community-led selection process, ArtSouth commissioned North Texas artist Eric ‘Drigo’ Rodriguez to install an original work, Cosmic Journey, created specifically for Broadway Chapter. The mural will be officially unveiled in June.
Construction was completed by Dallas-based Cadence McShane Construction.
“Part of CRG’s residential development strategy is to deliver the highest quality apartments in growth markets, and Broadway Chapter perfectly aligns with this plan,” Smith said. “We believe demand for urban living will remain strong and communities like Broadway Chapter, offering a superior residential experience with easy access to entertainment, culture and employment opportunities, will flourish.”
For leasing inquiries, prospective residents may contact the leasing team, Kairoi Residential, at 817-415-1000 or BroadwayLeasing@kairoi.com or visit the leasing office at 401 Hemphill St., which is open from 9:00 a.m. to 6:00 p.m. Mondays, Tuesdays, Thursdays and Fridays; 9:00 a.m. to 7:00 p.m. on Wednesdays; 10:00 a.m. to 6:00 p.m. on Saturdays; and 1:00 p.m. to 6:00 p.m. on Sundays. Prospects can also view property photos at https://www.broadwaychapter.com/.
CRG is a privately held real estate development firm that has developed more than 9,000 acres of land and delivered over 200 million square feet of commercial, industrial, institutional and multifamily assets exceeding $12 billion in value. CRG leverages a powerful North American platform with local market expertise and offices in Atlanta, Chicago, St. Louis, Southern California, Phoenix and Philadelphia. CRG’s philosophy of developing for the future and anticipating the enhanced needs of next generation users led to the creation of its industrial brand, The Cubes, and its multifamily brand, Chapter. For more information, visit CRG’s website at www.realcrg.com.
LJC is a full-service design and architecture firm committed to enhancing the quality of the human experience and to improving how design and architecture can impact each individual’s emotional being. By harnessing the power of integrated design, including architecture, workplace strategy, interior design, landscape architecture, urban planning and engineering, the company achieves its clients’ goals and aspirations. For more information, please visit www.theljc.com.
About Cadence McShane Construction Company:
Cadence McShane Construction Company is the builder of choice in the state of Texas and its surrounding region, specializing in the Education, Multifamily, Senior Living, Commercial, and Industrial market sectors. As a highly-experienced provider of general construction, design- build, and construction management, Cadence McShane deploys a culture of relentless service with an entrepreneurial spirit that originates from the inside of each individual and helps constantly deliver reliable results of excellence. Since 1985, our dedication and commitment to this philosophy have built a solid foundation of expertise for everything we do. For additional information, visit the firm’s website at www.cadencemcshane.com.
About Art South:
Art South is an innovative public-facing art program of Near Southside Arts facilitating public-private partnerships to offer selected artists commission and exhibition opportunities in Fort Worth’s Near Southside district. Art South helps to connect and facilitate private art investment to public-facing calls for artists to broaden access to opportunity for artists within the community and elevate dialog about why arts investment matters and is beneficial.
About Near Southside, Inc.:
Near Southside, Inc. (NSI), a 501(c)4 flagship community organization widely recognized for its 25-year track record of progress, serves as the community captain steering economic and cultural initiatives benefiting Fort Worth’s 1,400 acre Near Southside district. Sister organization, Near Southside Arts (NSA), a 501(c)3 non-profit organization managed by NSI, is aligned in mission and governance with NSI and tasked with representing the Near Southside Cultural District that was formally designated in 2020 by the Texas Commission on the Arts. Both organizations share a 53-member board of directors, officers, and staff representing a cross-section of district stakeholders and community-minded leaders. Whether working toward complete streets, public parks, community events, historic restorations, urban villages, homes for eclectic local businesses, multi-purpose spaces, or anything with a “coming soon” sign, Near Southside, Inc. and Near Southside Arts collaborate with business owners and residents to usher progress within the neighborhood.
For over two decades, the Near Southside has placed cultural investment at the center of its revitalization. The district hosts arts-centric community events including ArtsGoggle, Open Streets, Friday on the Green, and Park(ing) Day that together attract over 100,000 attendees from around North Texas annually. In addition, the Near Southside district is home to many of Fort Worth’s notable theaters, live music venues, galleries, recording studios, film companies, chef-led restaurants and visual art schools. Info at www.nearsouthsidefw.org and www.nearsouthsidearts.org.