Encore Panther Island opens as the first multi-family development on Panther Island. The multi-family community comes from Encore Multi-Family, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc. “We are excited to develop the first multifamily community on Panther Island,” said President of Encore Multi-Family Charlie Keels. “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 environment planned for the district. Residents will enjoy exceptional amenities like waterfront balconies, an infinity pool with cascading waterfalls, a state-of-the-art fitness facility and a top-floor lounge featuring the most dynamic views of downtown. Located at the intersection of 4th and North Main Streets, residents at the 300-unit community will be within walking distance of Panther Island Brewing, Coyote Drive-In and Panther Island Pavilion.
In conjunction with 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 (TRWD) 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 tensely 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 percent, saving the taxpayers about $14 million.
Want to learn more about the stormwater canals on Panther Island? Read Here.