Cadence McShane's Broadway Chapter Apartments earns 2022 TEXO Distinguished Building Award

Cadence McShane Construction Company received first place in the 2022 TEXO Distinguished Building Award in the General Contractor – Residential Multifamily 1 ($0 - $150M) category for the Broadway Chapter Apartments project. The project was selected based on these criteria:

Difficulty in construction resulting from design, location, and materials
Unusual construction techniques involved
Final appearance and quality of the finished product
Timeliness of completion

Broadway Chapter ext 2 — Broadway Chapter Apartments was designed by Lamar Johnson Collaborative.

Cadence McShane Construction Company's Broadway Chapter Apartments project is located in Fort Worth Texas and was designed by Lamar Johnson Collaborative, built on behalf of CRG Real Estate Solutions. The community features 4,500 square feet of common space and consists of a state-of-the-art fitness studio, coffee bar, library, lounge, and Zoom rooms. Outside amenities include an infinity edge pool, a recreational area, dog run, outdoor grilling areas, fire pit, and sun deck.

Broadway Chapter Apartments Interior — The lounge is one of the many amenities of the Broadway Chapter Apartments.

The 320,000-sf complex offers units in studio, one-bedroom, and two-bedroom. Each apartment has oversized windows that allow views of downtown Fort Worth.

Across the country, multifamily rents have skyrocketed. Year-over-year rents are up by double digits in nine of the top 30 markets, while national YoY rent growth is up 6.3%. Emerging from the pandemic, a perfect storm of migration, enhanced government stimulus and a hot housing market, among other factors, has enabled this extremely strong growth.