FRISCO, TX - Presidium, a diversified real estate development, investment and management firm, has broken ground on Presidium Frisco Square, a 337,000-square-foot residential community situated within one of the most high-profile mixed-use developments in the Dallas-Fort Worth (DFW) metroplex, Frisco Square. With its first units expected to be delivered in June 2023, Presidium Frisco Square will offer a total of 368 apartment homes equipped with top-tier amenities in a sophisticated community setting to accommodate one of the fastest-growing cities in the nation.
“Nestled in the heart of more than 4.4 million square-feet of a booming office, retail and dining destination, Presidium Frisco Square will add even greater value to the area’s existing infrastructure and offer future residents the ability to live, work and play seamlessly in a true mixed-use environment,” said John Griggs, Co-CEO and Co-Founder of Presidium. “With high-end amenities chosen for modern living and an architecturally-inclusive design, Presidium Frisco Square embodies the best of the city’s go-getter mindset as it continues to be one of the most burgeoning urban cities in America.”
Designed by Dallas-based O’Brien Architects, Presidium Frisco Square’s aesthetic approach was driven by three different types of architecture: American Classic, Mercantile and Spanish Mission, which are uniquely incorporated throughout the community. Each of the luxury apartment homes will boast modern features including keyless entry, Ecobee thermostats with built-in Alexa capabilities, smart light switches and energy-efficient appliances.
The gated community will feature best-in-class amenities including a 13,000-square-foot leasing office that encompasses a club room, cinema lounge, golf simulator and theatre room, ultramodern fitness center, co-working lounge with micro-offices and podcast rooms. Situated on a 4.25-acre site, Presidium Frisco Square offers an abundance of open-air amenities featuring an outdoor pavilion, a rooftop terrace overlooking a resort-style pool and three courtyards outfitted with outdoor kitchens. The apartments will also include a dog spa and dog park for renters and their pets.
Presidium has also broken ground this week on 370 units in Jacksonville, FL. In addition to the recent groundbreakings, Presidium has begun advanced programming and design on 8 apartment communities, totaling over 2600 units. These are expected to break ground over the next six months throughout Texas, Florida, Georgia and New Mexico.
About Presidium: Founded in 2003, Presidium is a Texas-based real estate developer, owner, and operator with an 18-year operating history and an existing real estate portfolio totaling approximately $2.5 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