JLL Capital Markets arranged the financing for the development of Northwest Village, a Class A multifamily project near Alliance TX

Rendering of first phase of Northwest Village,
a to-be-built Class A multifamily project
 located in Northern Fort Worth, near the
 master-planned Alliance,TX community

 

 CHARLOTTE, NC – JLL Capital Markets has secured senior and mezzanine financing for the development of the first phase of Northwest Village, a to-be-built Class A multifamily project located in Northern Fort Worth, near the master-planned AllianceTexas community.

 

JLL represented the borrower. The terms are confidential.

 

Northwest Village, developed by Woodfield Development, will feature 455 luxury apartments and town homes including 238 one-bedroom, 194 two-bedroom and 23 three-bedroom units with an average unit size of 974 square feet.

Travis Anderson 

The development will offer top-of-the-line amenities, such as a large coworking space with private conference rooms and individual offices, a state-of-the-art fitness center with group fitness and yoga rooms, a two-story sky lounge, a game room with golf simulator and indoor putting green, two unique pools and outdoor lounge areas for relaxation.

 

The first apartments are slated for turnover in early 2026.   

 

Northwest Village is just the beginning of a larger community development plan. Alongside the 15-acre multifamily parcel, the project will also include an additional 15 acres of commercial/retail space, a 17-acre town home community and a two-acre public park.

 

Strategically positioned at the NWC of Hwy 114 & Roaring River Road, Northwest Village benefits from its proximity to AllianceTexas, the impressive 27,000-acre master-planned community that is home to 559 companies, offering a wide range of shopping, dining and entertainment options across its four million square feet of space.

 

 Additionally, the area boasts over 63,000 jobs, contributing to the rapid expansion of Fort Worth as the fastest-growing large city in the nation.

 

JLL’s Debt Advisory team was led by Senior Managing Director Travis Anderson and Managing Director Cory Fowler.

 Cory Fowler

"The demand drivers in the thriving North Fort Worth submarket have consistently resulted in strong leasing activity," said Fowler. "With this sustained growth in demand drivers, exceptional liveability and a robust high-income job market, we anticipate strong and continued demand for the area in the foreseeable future."

 

.For more news, videos and research resources, please visit JLL’s newsroom.

 

CONTACT:

Grace Lewis

PR, Capital Markets

JLL

2401 Cedar Springs Rd.

Dallas, Texas 75201

M +1 903 520 3478

JLL.com