City Of Fort Worth: Fort Worth Housing Solutions Celebrates The Holston's Opening

Press release from City of Fort Worth:

June 28, 2021

Fort Worth Housing Solutions celebrated the grand opening of The Holston, a luxury, mixed-income development serving residents in the thriving Alliance Corridor with development partner AMTEX and Greystar, a global rental housing company.

The 264-unit property offers high-end amenities in a resort-style community off Texas 170 and Keller Haslet Road in an area near major distribution centers for companies like General Motors, BEHR, Facebook and UPS and the high-performing Northwest Independent School District. It is managed by Greystar, a global leader in the rental housing sector.

Half of the Holston’s one-, two- and three-bedroom units will be leased at market rate; the other half will be available to households earning 80% or less of the area median income. In 2021, an individual earning $45,300 or less a year meets the 80% threshold. A three-person household earning $58,200 or less would also qualify for the workforce rate.

The Holston is named in honor of Barbara Holston, president of the Fort Worth Housing Authority from 1993-2014. Holston is credited with repositioning the agency that later became Fort Worth Housing Solutions from a traditional public housing model to its current mission of developing mixed-income residential properties in high-opportunity areas throughout Fort Worth and deconcentrating poverty in the process.

“We are thrilled to celebrate The Holston and the legacy of Barbara Holston with today’s grand opening event,” said Mary-Margaret Lemons, Fort Worth Housing Solutions president since 2017. “Ms. Holston was an advocate for self-sufficiency who encouraged our residents to participate in programs designed to help them succeed. It is fitting to name such a beautiful property in one of our city’s hottest job centers for her.”

The Holston already is 90% leased with the first residents signing on in December. Construction is expected to begin on an adjacent second phase, to be named The Opal, in fall 2021 or early 2022. The Opal will feature 339 units with a similar 50-50 split of market-rate and workforce-rate apartments. Construction is scheduled to take about 24 months with leasing to begin in 2023.

View leasing information for The Holston. 

Photo: The property is the first of two phases of mixed-income housing at Keller Haslet Road and Texas 170.

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This press release was produced by City of Fort Worth. The views expressed here are the author’s own.