Houston, Texas — According to state and local economic development sources Watermark Retirement Communities plans to invest $40,000,000.00 to build out 351,140 square feet of new space in Houston. The company plans to occupy the new space at 1245 W 18th Street in Houston, on or about August 1, 2021. According to the company website At Watermark, we’re committed to creating extraordinary and innovative communities where people thrive. Headquartered in Tucson, Arizona, Watermark currently manages 58 communities in 21 states, including CCRCs, standalone independent living, assisted living, and memory care communities in addition to Medicare-certified rehabilitation and skilled nursing neighborhoods. Watermark has ownership interests in many of these assets, both on its own and through its development arm, The Freshwater Group.

To learn more about Watermark Retirement Communities, visit http://www.watermarkcommunities.com/

Company Contact:
David Barnes, President
dbarnes@watermarkcommunities.com
520-797-4000

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