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Denison Development Alliance News

Posted on: September 3, 2020

Preston Forrest Development Chooses Denison

Front view of Westlake Townhome project

Preston Forrest Development Announces Construction for Westlake Townhome Development

Westlake Townhome Community is the first of its kind in Denison, Texas for modern, upscale, townhome‐style living

Denison, Texas – Preston Forrest Development, a Plano‐based real estate investment and development company, today announced the beginning of construction for Westlake Townhomes, a 12‐unit development located at the southwest corner of Crawford Street and Lillis Lane in Denison, Texas.

The development is a new concept to Denison and will begin to fill a major void in this region where demand for upscale housing is being driven by a rapidly expanding medical sector and an influx of residents relocating from the DFW Metroplex and beyond.

With long‐term leases available, these spacious mostly 3‐bedroom, 2.5‐bathroom units, will feature high end finishes, nine‐foot ceilings, and a modern exterior as well as attached two car garages and private patios. Located on the Waterloo Creek greenbelt, plans for future hike and bike trails connecting the community to the City of Denison trail system will be an amazing added benefit to this convenient upscale living.

“We believe Westlake Townhomes will fulfill an unmet need in Denison,” said Dru Landrum, President of Preston Forrest Development. “As the City of Denison continues to grow and thrive, we see a great opportunity for a residential community focused on those seeking an upscale, active lifestyle with the convenience and privacy that townhomes afford.”

Jeff Dowden of Re/Max Signature Properties will provide lease‐up services for the development, with Shelton Architecture ‐ Dallas, LLC the architect of record and Independent Financial providing financing. Project Advocates is contributing consulting and project management services. Construction is underway, with pre‐leasing available this winter. For more information about leasing contact Jeff Dowden at 903‐821‐4557 or jeffdowdenrealestate@gmail.com.

About Preston Forrest

Preston Forrest is a real estate investment and development company based in Plano, Texas, focused on identifying opportunities to create value for investors and community stakeholders in underdeveloped markets through ground‐up and value add projects.

Contact:
Dru Landrum, President
Preston Forrest Development
dlandrum@prestonforrest.com

Front view of Westlake Townhome project

Aerial view of Westlake Townhome projectStreet view of Westlake Townhomes project

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