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Presidium at Edgestone Recognized as a ‘Best Suburban Multifamily Project’ Finalist in North Texas

By September 23, 2020 September 25th, 2020 No Comments

The Dallas Business Journal awards program honors the best real estate deals in North Texas from the previous year.  

Presidium, a diversified real estate development, investment and management firm, has been recognized by the Dallas Business Journal ‘Best Real Estate Deals of 2019 Awards.’ Presidium at Edgestone, the first luxury senior living community of its kind to be developed in the City of Frisco, has been named a finalist in the ‘Best 2019 Suburban Multifamily Project’ category. The program commemorates stakeholders and dealmakers that brought about 2019’s best transactions and projects in North Texas. 

“The main focus of our projects is to create an enjoyable and cohesive community for our residents, and Edgestone does just that. With a plethora of unique amenities and services, Presidium at Edgestone will truly provide a one-of-a-kind living experience. We are honored to be recognized as a finalist by The Dallas Business Journal and proud to present Presidium at Edgestone to the North Texas community,” said John Griggs, Co-CEO and Co-Founder of Presidium. 

Recently completed in September 2020, Presidium at Edgestone is the only luxury age-restricted product in Frisco 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 conveniently-located 18-acre gated development has been designed to carefully balance the needs of today’s adults who desire an active, maintenance-free lifestyle.

Located near Plano’s burgeoning Legacy West development, Presidium at Edgestone is in close proximity to more than $8-billion worth of commercial developments including The Star, The Gate, Ward Park, Frisco Town Square, Stonebriar Centre and Frisco Station.

Now in its 28th year, the Dallas Business Journal’s Best Real Estate Deals of 2019 Awards recognizes outstanding projects or deals initiated in 2019 (ground broken or lease signed), active in 2019 (under construction) or completed in 2019 (took occupancy). Properties involved in qualified deals must be located within Collin, Cooke, Dallas, Denton, Ellis, Grayson, Johnson, Kaufman, Parker, Rockwall, Tarrant or Wise county. 

“I’ve been fortunate to be a judge for this event for at least two decades. The reason I love to do so is that every year … (is) the bar kept being raised. For every category. For every submission. Not just bigger deals, but more creative,” said Chuck Dannis, Senior Managing Director, National Valuation Consultants, Inc. “The DFW real estate community just keeps getting better, stronger and more involved every year.”

Winners of this year’s awards program were revealed at the Dallas Business Journal’s virtual event on September 23, 2020.

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About Presidium:

Founded in 2003, Presidium is a Texas-based real estate developer, owner, and operator with a 17-year operating history and an existing real estate portfolio totaling approximately $2 billion AUM. We represent a spectrum of disciplines including acquisitions, development, property management, asset management, construction, law, finance, accounting, special servicing, and public-private partnerships. Presidium is committed to providing best-in-class housing for individuals of all income levels and creating great spaces that enhance people’s lives. For more information about Presidium, visit www.presidiumre.com.