Argosy Real Estate Partners Acquires Site for Development of 1030 Fort Worth Avenue
We are pleased to announce that Argosy Real Estate Partners, in partnership with Larkspur Capital LP, has acquired an approximately nine-acre, fully-entitled site for the ground-up development of 1030 Fort Worth Avenue, a 146-unit townhome urban build-for-rent community. The site is located in the West Dallas submarket of Dallas, TX, within proximity to Trinity Groves, Bishop Arts, Design District, and downtown Dallas.
The project will feature two- and three-bedroom units in three- and four-story townhomes. Each unit will include a washer / dryer, stainless steel appliances, quartz countertops, private yards, and two-car attached garages. The project will also feature 12,600 sf of ground floor retail space. Community amenities will include a clubhouse, amenity deck, and resort-style pool.
Argosy’s development partner, Dallas-based Larkspur Capital LP, is a real estate developer focused on boutique projects in Dallas’s urban core. Founded in 2013, Larkspur is currently developing multiple townhome and multifamily projects in the Bishop Arts, Knox Henderson and Deep Ellum neighborhoods of Dallas.