HomeTowne on Wayside, a 161,000 square foot affordable senior living apartment community in the Settegast neighborhood of Houston, Texas, celebrated its grand opening last month with project team members, financial partners and the City of Houston representatives. The $14.9 million community, developed by Integrated Real Estate Group, is the first of its kind in the economically-depressed neighborhood and features 56 one-bedroom units and 72 two-bedroom units.
“This new community brings an unprecedented standard of retirement living – previously unavailable to this senior population – into an overlooked area of Houston,” said developer Rick Simmons, president and CEO, Integrated Real Estate Group. “HomeTowne on Wayside would not have been possible without some visionary thinking on the part of the City of Houston and our banking partners, JPMorgan Chase and First Sterling Financial.”
