(MoneyNewsWire.Net, November 01, 2014 ) Dallas, Texas – The Horizon Companies, an organization that is focused on the development of multifamily residential properties, has announced plans for $40M in new home construction over the next two years. According to Horizon's managing partner, Preston Byrd, The company will be building new housing to fit not only the need for new units in under-served areas; but also to fit the economic condition of the market. “Our target rental client is identified by the market's median income as established by each city’s income trends, and will vary from city to city,” said Byrd.
The company's development activities are geared towards providing affordable housing options to residents within various communities, “but not at the cost of comparable living,” added Byrd. “We are providing quality residential properties to those who have had very limited options in the past, and we have made it our business to build and manage properties that allow residents to feel proud of their homes, and become more invested in their neighborhoods.”
The current construction plan is scheduled to be initiated in 2015 with completion expected during 2016. Design details for the housing developments where not released, but “will be released at the appropriate time – likely at or around the time of groundbreaking.” http://www.topix.com/yp/collierville-tn/BLB181SK14SGJBSRc-preston-byrd-memphis">Horizon will manage the construction project as well as the properties - upon completion.
About Horizon:
Horizon Companies is gearing up to develop $40M in new construction multi-family housing lead by Preston Byrd. These new developments are expected to begin In February of 2015 and should be completed by January 2016. These new developments will bring new and affordable housing to upcoming growing markets. Affordable multifamily housing is one of the most under-served markets in the country. It is defined as rental housing that is priced below comparable market rate in the rental housing segment.
About Preston Byrd:
Preston believes that the goal of strategy is to enable yourself to consistently make core directional choices that will best move your business toward your desired future. With his diverse experience, he is now able to counsel other entrepreneurs, bringing a fresh perspective to start-up and growing companies in a wide variety of industries.
Community involvement has been at the heart of the businesses Preston has built. He gives back, and encourages future leaders and new business owners to do the same. Preston speaks, consults, and mentors on the topics of entrepreneurship and leadership. Connect with him at: https://foursquare.com/v/preston-byrd-memphis/541b9494498e76f1b4218b4a to learn more.
Contact:
Connie Glover
connie@cmariemarketing.com
214-459-3288
http://prestonbyrd.tumblr.com
Preston Byrd
Connie Glover
214-459-3288
connie@cmariemarketing.com
Source: EmailWire.Com
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