Freestanding cottages will offer a sense of privacy and ease the transition from single family.
FRISCO, TX—Seniors housing demand remained at relatively healthy levels in 2018, amid expected steady economic growth and an improving housing market. However, new supply will put short-term pressure on occupancy and/or rent growth in select markets, according to a report by CBRE.
Another new project is Presidium's Artistry at Edgestone, the first senior living community of its kind to be developed in Frisco. When complete in summer 2020, the 188-unit community will be the only luxury age-restricted product here with freestanding independent living cottages that offer community members a heightened sense of privacy and ease the transition of moving from a single-family home. The 18-acre gated development has been designed to balance the needs of some seniors who desire an active and maintenance-free lifestyle.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
