A moratorium on new apartments? Some Fort Worth city leaders think the city's over-saturated
As Fort Worths population grows, a group of City Council members are calling for a moratorium on some new apartment developments, citing concerns the city has become over-saturated with multi-family housing.
The heart of the issue is whether Fort Worth has jeopardized future commercial growth by giving in to developers who request rezoning for apartments.
Councilman Dennis Shingleton at a recent work session called on the council to block new zoning changes that would allow apartments and townhouses on property that isnt currently zoned for dense housing. Council members Gyna Bivens and Jungus Jordan joined him in asking city staff to study the number of multi-family developments in progress in Fort Worth and determine if rezoning land is in the best interest of the citys long-term plan.
Whens enough, enough? Shingleton asked during a recent interview with the Fort Worth Star-Telegram. I dont want a glut of apartments but I dont want too few of them either.
Read more: https://www.dallasnews.com/business/real-estate/2021/01/04/a-moratorium-on-new-apartments-some-fort-worth-city-leaders-think-the-citys-over-saturated/