Also in the area, the company\u2019s Southlake Hotel, a boutique property previously under the Cambria brand, will be rebranded as The Elmore Hotel, and become a Tribute Portfolio hotel by Marriott.\u00a0<\/p>\n
Cocktails and wine by the river\u00a0<\/p>\n
Business partners and friends Brian Torres and Chandon Sanders unveiled their latest venture: River\u2019s Cocktail & Wine Bar, a new destination at 4850 White Settlement Road in Fort Worth\u2019s River District. Named in honor of Torres\u2019 son, River Torres, the bar had a soft opening on May 31 and will host its official grand opening in early July.<\/p>\n
River\u2019s is the pair\u2019s second collaboration. They first joined forces in February 2022 when they acquired West 7th watering hole The Local. Sanders \u2014 who also owns Ninja Sushi Fort Worth \u2014 and Torres saw an opportunity to build something entirely new from the ground up in a fast-growing neighborhood.<\/p>\n
\u201cRiver\u2019s is our way of giving back to the city that helped us grow, and I get to do that while honoring my son,\u201d said Torres. \u201cWe wanted an energetic, inclusive spot where everyone \u2014 from cocktail aficionados to beer-in-hand sports fans \u2014 feels at home.\u201d<\/p>\n
Guests can expect inventive craft cocktails highlighting Texas spirits, housemade syrups, and seasonal produce.<\/p>\n
Son of a Baker Pizzeria will operate River\u2019s kitchen serving slices and whole pies until 2 a.m.\u00a0<\/p>\n
New multifamily planned\u00a0<\/p>\n
National multifamily developer Wood Partners announces its latest community, Alta River Park, in Fort Worth.\u00a0<\/p>\n
The multifamily community is set to break ground in June and deliver to the community in summer 2027.<\/p>\n
\u201cFort Worth continues to experience strong demand for high-quality, well-located housing,\u201d said Ryan Miller, managing director for DFW at Wood Partners.\u00a0<\/p>\n
Alta River Park will include 365 units, including a mix of studio, one-, two- and three-bedroom layouts. The complex is located just west of the Chisholm Trail Parkway and directly across from the Waterside Shopping Center.\u00a0<\/p>\n
In addition to community offerings, Alta River Park will feature a resort-style pool, pet facilities, a pickleball court, outdoor activity space, bike storage, a sky deck and direct trail access to the Trinity Clearfork trail system, an interconnected network of hike and bike trails spanning over 100 miles.<\/p>\n
Shopping center acquired\u00a0<\/p>\n
Whitestone REIT<\/a>, a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, acquired 5000 South Hulen, an 86,907-square-foot shopping center located as its name suggests, 5000 S. Hulen St.\u00a0<\/p>\n The acquisition of the high-volume 5000 South Hulen marks Whitestone\u2019s 29th asset in Texas \u2014 and 10th in the Dallas-Fort Worth metroplex.\u00a0<\/p>\n \u201cThe addition of 5000 South Hulen aligns strategically with our investment thesis, allowing us to add scale in a thriving and fundamentally strong region of Texas, a state we know well,\u201d said Christine Mastandrea, president and COO of Whitestone REIT. \u201cWe will leverage our deep relationships and market knowledge to unlock the full potential of the asset and look to re-merchandise where possible to ensure the center is adequately serving the long-term needs of the community.\u201d<\/p>\n Located adjacent to Hulen Mall, the highest-visited mall within a 30-mile radius, 5000 South Hulen sits between two heavily traveled thoroughfares in Interstate 20 and Hulen Street, which collectively attract more than 182,000 vehicles per day.\u00a0<\/p>\n More than 300,000 residents reside within a 5-mile radius of the center, with an average household income of $113,520, resulting in nearly $14 billion in spending power. The 5000 South Hulen shopping center is home to a mix of national and regional businesses, including Sephora, Old Navy, Barnes & Noble, Kincaid\u2019s Hamburgers and Jamba Juice.<\/p>\n Do you have something for the Bob on Business column? Email Bob Francis, business editor for the Fort Worth Report, at bob.francis@fortworthreport.org.At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here<\/a>.<\/p>\n \n\tRelated\n<\/p>\n Fort Worth Report is certified by the Journalism Trust Initiative<\/a> for adhering to standards for ethical journalism.<\/p>\n Republish This Story<\/p>\n
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