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We are also pleased to announce the launch of the “So7 Owners Card”! Current homeowners, please stop by the sales center and get your card from Lauren or Denise. The card is good for special discounts at local restaurants and shops. Learn more…
Press Release:
Fort Worth’s So7 Urban Community Continues to Thrive
(Fort Worth, Texas) Fort Worth’s vibrant enclave of homes, shops and restaurants west of 7th Street is fast becoming a cultural icon in the heart of the city. Hughes Development LP recently completed a refinancing deal allowing for the continued leasing of So7’s rental apartments and retail space. One of only a few high-end urban developments in Fort Worth, the 25 acre mixed- use community features condominium lofts, townhomes, a Marriott Residence Inn, rental apartments and 60,000 square feet for shops and restaurants. The development is located adjacent to the Trinity Park in the Museum District.
In a tight economy, the refinancing is considered a significant achievement. “The public is aware we’ve been through a national housing crisis and every development project has had challenges. We’ve been very fortunate because we’ve been able to ride through the process in this climate,” says Ken Hughes, President, of the Dallas-based Hughes Development LP. The good news, Hughes says, is more and more empty nesters and others wishing for a more simple but elegant lifestyle are recognizing the value of urban living and being within walking distance to the Cultural District and Trinity Park.
“People are excited about this community,” says Hughes. Construction on the So7 master plan development began more than nine years ago. Recently, Parkside at So7 apartments, the only for-rent luxury apartments in So7, began leasing for mid-February occupancy. Facing the park and downtown, these are without equal in the city. The Stayton Retirement Community is also under construction with an estimated completion date of 2011.
The So7 vision has become a reality. The Townhomes are 70 percent sold and ArtHouse Condominium sales are increasing weekly. “With 10 closed transactions in the last 5 months of 2009, it is clear that our sales are strong despite challenging times. It’s a real testament not only to the value and desirability of the homes, but also the hard work and dedication of Denise Elliott and Lauren Vaughn of the So7 sales team. They make the whole process quick and easy for homeowners and are a joy to work with,” says Edward C. Lange, Senior Vice President, Residential Corporate Counsel, Republic Title.Hughes says several well-known restaurants and retail establishments will be joining Chef Tim Love’s Love Shack including Jean Michel Sakouhi’s modern French American, So7 Bistro, Fort Worth Running Company and others. “Both retail and residential residents are enthusiastic about So7 and excited to be in the hippest, fastest growing area of Fort Worth.”
For more information on So7, please call 817-885-7700 or visit www.sosevenfortworth.com
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