‘The Rosedale’ Will Contribute to the Renaissance of East Fort Worth and Provide Texas Wesleyan Students with a Modern Living Community for Years to Come.

FORT WORTH, Texas (July 1, 2021) — Texas Wesleyan University, in partnership with Panteras Development Partners and Miyama USA Texas, announced today plans to officially break ground on ‘The Rosedale’ — a sophisticated, 48,721 SF student residential apartment building on the corner of East Rosedale and Collard on July 20, 2021, at 10 a.m. The exciting legacy project features a three-story building with one and two-bedroom apartments, private-secured parking, and numerous other exciting amenities designed with the Texas Wesleyan student and beloved faculty and staff in mind. The project will serve more than 100 students and is a $10.5 million investment in the East side of Fort Worth. The endeavor is in line with the efforts to revitalize the area through The Rosedale Renaissance, a $22 million project spearheaded by Texas Wesleyan, the City of Fort Worth, and Tarrant County for the campus and the Polytechnic neighborhood.

The Rosedale, anticipated for completion on July 1, 2022, is designed with high-end details and modern amenities to fit the student lifestyle. This includes a lounge with large-screen televisions, a weight room, a gym, study rooms, a conference room, and a rooftop patio, plus an onsite, gate-secured parking lot with 101 available spots.

When asked about this addition to East Fort Worth and what this will mean for campus life at Texas Wesleyan, University President Fred Slabach said, “The addition of The Rosedale, steps from the heart of the Texas Wesleyan campus, is the latest example of the commitment we’ve made to immerse our students in the community we’ve called home since 1890. A key component of our new Engage 2025 strategic plan is enhancing diversity, inclusion, student life, civic responsibility, and economic opportunity empowering our students’ success while revitalizing our campus and neighborhood. The Rosedale fulfills that vision by allowing our students to learn, work and live within our East Fort Worth neighborhood, enabling them to plant long-lasting roots and build strong relationships that our community will benefit from for generations to come.”

A considerable amount of time and intentional effort has gone into crafting a housing solution best suited for the neighborhood and the university’s current and future students. Owner and operator Miyama USA Texas and student housing developer Pantera Development Partners have taken an innovative approach to the project by working closely with the University’s Division of Student Affairs who hosted two meetings last year with graduates, undergraduates, and staff to hear the voices of the people who would be most affected by this project. The development team has continued to share progress and updates with the students and staff.

”The Rosedale project has been a true collaboration between Texas Wesleyan and our development teams. We believe that the investment in the campus and prioritizing their needs for the space will ensure that it becomes a vital part of the university for the students and facility for years to come,” Alex Bryant, co-founder, and Managing Partner of Panteras Development Partners, said about working with Texas Wesleyan.

Miyama USA Texas has a long history of investing in communities across DFW. They bring years of experience working with leading-edge student housing, developing housing for the University of North Texas in Denton in the 1990s. Their unique approach ushered growth for the growing school. The team at Miyama USA Texas is making a long-term investment in Texas Wesleyan, choosing to stay on and manage it rather than build and sell. This unique approach will help ensure the project is successful and can evolve in the years to come.

“Our investment approach has been to always hold the assets for a long term and manage our own assets so that we can hear voices of our residents directly and continue to improve our service,” said Sawako Miyama, President/COO Miyama USA Texas.

She continued, “We especially look at the Rosedale project as a long-term partnership with Texas Wesleyan University, so it is vital for the success of this project to root ourselves more deeply in this community so that we can contribute to the future growth of the University.“

Texas Wesleyan, Miyama USA, Texas, and Panteras Development Partners will celebrate the project’s official launch with a special groundbreaking ceremony on July 20, 2021, at 10 am.

For more information or to set up interviews with Miyama USA Texas or Texas Wesleyan, contact Holland Sanders at holland@hollandcollective.co.

The Rosedale At A Glance

Project Overview:
● Address: 3228 E Rosedale St, Fort Worth, TX 76105
● Building Info:
○ 48,721 Gross S.F.
○ 59 Units Total (18 – 1 Bedroom & 41 – 2 Bedroom Units)
● Amenity List:
○ Lounge
○ Gym/Weight room
○ Study Lab
○ Conference Room
○ Rooftop Patio
○ Package Locker
○ On-site Parking with Covered Parking Available
○ On-Site Storage Room
● Parking Count and Rates:
○ 101 Parking Spaces Provided
● Estimated Delivery by:
○ July 1, 2022

ARLINGTON, TEXAS – Manhattan Construction Company has been honored by the American Subcontractors Association (ASA) North Texas Chapter with the “Platinum $1 Billion + Award” for construction of Globe Life Field in Arlington, Texas. ASA North Texas is an industry organization that advocates for the subcontractor and supplier community, promoting fair business practices and providing professional education and networking opportunities throughout the construction industry. The ASA awards program recognizes outstanding projects in the commercial and industrial construction industry. The awards were presented during the organization’s event Friday, June 4, 2021, at Live! By Loews in Arlington, Texas.

“Manhattan Construction is greatly honored any time that our specialty trade partners honor us with their association award. This one means so much to our team,” Greg McClure, Manhattan Construction Company, Senior Vice President.

Built by Manhattan Construction Company and its trade partners, Globe Life Field is a new multi-purpose entertainment and sports facility for the Texas Rangers Baseball Club and the City of Arlington. The new 40,000-seat retractable-roof facility was built on a fast-track schedule.

From October 2017 to March 2020, Manhattan Construction team members and its trade partners spent more than 6 million work hours constructing the 1.8- million-square-foot ballpark.

Globe Life Field is a concrete and steel structure wrapped in glass, architectural precast, stone, and metal panels. The seven floors of the facility include multiple concourses, suites, restaurants, clubs, kitchens and concessions, retail areas, office spaces, and broadcast areas, in addition to baseball operations and clubhouses.

Approximately 130 Manhattan team members worked on the stadium, including superintendents, project managers, project engineers, carpenters, laborers, and operators. All told, about 11,000 people worked on-site throughout the project’s life, including team members with Manhattan’s 110 trade partner companies.

As a tribute to those who worked on the Globe Life Field project, Manhattan Construction Company created TEAMWORK magazine. The stories in this publication provide a window into the behind-the-scenes feats of collaboration that show how important our partners were in building this tremendous structure.

CBRE announced the sale of Interstate Crossing, a newly constructed, 1,023,488 sq. ft. Class A+ distribution facility in Fort Worth, Texas.

CBRE’s Jack Fraker, Randy Baird, Jonathan Bryan, Ryan Thornton and Eliza Bachhuber with CBRE National Partners represented the seller, Hunt Southwest Real Estate Development, LLC, in the transaction. A publicly traded REIT purchased the long-term leased fulfillment center for an undisclosed purchase price.

Located at 1851 NE Loop 820, Interstate Crossing’s Class A+ physical specifications, along with its strategic location along Interstate 820 and Interstate 35W, have positioned it well to compete with other top-tier industrial buildings in the market. The facility features 40’ clear heights, 100% HVAC in the office and warehouse, ample trailer and auto parking with expansion options, and 195’ truck courts.

“Beyond its state-of-the-art construction, Interstate Crossing drew heavy interest from the capital markets based on its best-in-class tenancy and its infill location within one of the largest and most active industrial markets in the nation. The sale of Interstate Crossing, originally developed as a speculative project, resulted in a significant and positive outcome for our stakeholders, the Lamar Hunt Family,” said Hunt Southwest President T. Preston Herold.

Located within the North Fort Worth submarket, Interstate Crossing is near high population growth and vast labor pools. The location along Interstate 820 and Interstate 35W is undergoing major infrastructure investments over the next two years, which will drive industrial demand in the area into the future.

According to CBRE’s U.S. Industrial & Logistics Figures for Q1 2021, the industrial market shows no signs of slowing down. Companies are leasing space at a historically robust pace to accommodate the large increase in e-commerce sales. Nearly 100 million sq. ft. was absorbed in Q1, the third highest mark on record.