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Construction Starts on HGC's River Park Project, a Project in collaboration with Wood Partners

June 13,2025

River Park, a 365-unit, three-storey multifamily apartment development in southwest Fort Worth, has started construction. Located near the upscale Clearfork development, residents enjoy easy access to fine dining, luxury retail, and the Trinity River trails with convenient commutes to downtown Fort Worth, the Southside Medical District, and Texas Christian University.


Fort Worth is one of the fatest-growing cities in the US and the 11th largest city. Fort Worth's status as an expanding urban hub, bolstered by significant job and demographic increases, has attracted a talent and diverse labour pool, driving demand or new housing.


Texas benefits from a highly competitive business environment, underpinned by the absence of a state income tax, its central US location, and relatively affordable housing, all of which continue to encourage corporate expansion and relocation to the region.


With new supply slowing down and demand holding firm, Dallas-Fort Worth is approaching supply-demand equilibrium after record deliveries over the past two years. Declining vacancy rates reflect this new balance with rents forecasted to rise as conditions continue to normalise.

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