Trademark, SCOA Break Ground on Fort Worth Community
First United Bank provided $61 million in construction financing.
Trademark Property Co., in a joint venture with SCOA Real Estate Partners, has broken ground on The Vickery, a 307-unit luxury community in downtown Fort Worth, Texas. The developer benefited from $61 million in construction financing originated by First United Bank. Architectural services are provided by GFF. Trademark previously unveiled its plans for the asset in December and expects to open it in Spring 2026.
The Vickery will encompass 307 apartments, 14 townhomes, as well as a standalone restaurant with a cocktail lounge. Common-area amenities are slated to include a coworking lounge, EV charging stations, a rooftop lounge and a heated swimming pool.
Located at 700 W. Vickery Blvd., the project spans 5 acres and provides access to major arteries such as interstates 30 and 35W, as well as Henderson Street. Major employers within a 2-mile radius include Medical City Forth Worth and John Peter Smith Hospital. Residents will have access various dining facilities along South Main Street, situated less than a mile away.
A brownfield redevelopment
Trademark is constructing The Vickery on the site of a former drainage detention area. The developer benefitted from the area’s Tax Increment Finance District, which aims to improve infrastructure. The property is also designed to meet LEED Bronze certification.
Trademark’s mixed-use footprint in Panther City is set to expand. The developer recently acquired a 4-acre parcel south of its WestBend property, in the city’s University District, where it plans to add more multifamily, retail and office space.
Dallas-Fort Worth’s development pipeline totaled 73,752 units under construction as of January, according to Yardi Matrix. Of these, the same data provider expects that roughly 39,000 will come online in 2024, should market conditions hold.
