Wisconsin-based developer Royal Capital is set to commence construction in November 2026 on five new buildings at the Evans and Rosedale mixed-use urban village in Fort Worth, Texas, with the initial phase covering approximately $6.2 million (€5.7 million) in construction value, as reported by the Fort Worth Report. The filings, submitted to the Texas Department of Licensing and Regulation, confirm the first physical construction activity on the long-awaited $63 million development in Fort Worth's Historic Southside neighbourhood.

The five structures include an 11,029 square foot mixed-use retail building at 916 Evans Avenue, costing more than $1.8 million (€1.66 million), a future restaurant site of 2,659 square feet at 928 Evans Avenue costing approximately $716,200 (€659,000), and a 3,680 square foot leasing office and fitness centre on Missouri Avenue at a cost of approximately $941,031 (€867,000). Two residential buildings are also planned in the 900 block of Evans Avenue, including a seven-unit flat-style residential building of 11,182 square feet at 901 Evans Avenue. All five structures are scheduled for completion by November 2027.

The broader Evans and Rosedale urban village spans a six-acre, multi-block site located less than five minutes from downtown Fort Worth. In addition to the initial construction phase, Royal Capital plans to deliver up to 181 affordable housing units with income restrictions intended for the neighbourhood's older residents, alongside at least 15,700 square feet of commercial space including restaurants, a fitness centre, a coffee shop and a grocery store.

Kevin Newell, president and CEO of Royal Capital, told Southside residents in February that the development north of Rosedale and Evans would start in autumn 2026, saying: "Hope y'all are excited. This thing's coming."

The city of Fort Worth has committed an incentive package of approximately $19.7 million (€18.1 million) to support the project, comprising city grants, performance-based Chapter 380 grants payable over 20 years capped at $6 million (€5.5 million) annually, up to $7 million (€6.4 million) in reimbursements through the Southside tax increment finance district, and the sale of 36 city-owned lots to Royal Capital at $1 each. Once construction begins, Royal Capital has 24 months to complete the project under its agreement with the city.

View the full construction filing details and project scope in the complete article.