North Texas’ apartment-building boom is all about the millennials.
Young professionals taking jobs in the Dallas-Fort Worth area have created record demand for rental housing.
But their grandparents need some new digs, too. The number of high-end senior housing communities in the area is also increasing.
The quality of these facilities is being ramped up for a new generation of seniors used to finery and frills at home and when they travel.
“Some people still have the mind-set of the old nursing home and that stigma,” said Dallas developer Jonathan Perlman. “They lose that notion when they see one of our facilities.”
Perlman this week is opening his firm’s newest assisted-living apartments — Tradition-Prestonwood, in Far North Dallas.
Read more on the Dallas Morning News