City Of Fort Worth: Encore Development Features First Section Of Panther Island Riverwalk

Dallas TX

03 February, 2022

5:57 PM

Description

Press release from City of Fort Worth: February 03, 2022 Encore Panther Island is opening as the first multifamily development on Panther Island. The community comes from Encore Multi-Family LLC, a subsidiary of Dallas-based Encore Enterprises Inc. "We are excited to develop the first multifamily community on Panther Island," said Charlie Keels, president of Encore Multi-Family. "Our five-story urban development with luxurious amenities, beautiful canal splitting the property and garage parking will be a one-of-a-kind apartment community that residents will want to live at and be a part of." The development features creative solutions to connect the streetscape to the Panther Island Riverwalk planned for the district. Residents will enjoy amenities like waterfront balconies, an infinity pool with cascading waterfalls, a state-of-the-art fitness facility and a top-floor lounge featuring views of downtown. Located at the intersection of Fourth and North Main streets, the 300-unit community will be within walking distance of Panther Island Brewing, Coyote Drive-In and Panther Island Pavilion. In conjunction with the Encore Panther Island opening, the public has access to the first completed section of Panther Island's signature canal. The 225-foot-long segment provides the public with a pedestrian-friendly setting reminiscent of the San Antonio Riverwalk and replaces the costly curb-and-gutter underground system typically built by cities for stormwater. The City of Fort Worth and the Tarrant Regional Water District have established a process where developers pay TRWD to build the canals. This allows TRWD to own and operate the canals, guaranteeing that the discharge from the densely populated area will not negatively impact the quality of the water in the Trinity River. The location and volume capacity of the canals will negate the city's need for large stormwater arterials in the area, cutting the city's costs of stormwater infrastructure needs by more than 50% and saving the taxpayers about $14 million, according to Panther Island developers.     Photo: The 225-foot-long canal segment at Encore provides a pedestrian-friendly setting.     Get articles like this in your inbox. Subscribe to City News.   This press release was produced by City of Fort Worth. The views expressed here are the author's own.