ABILENE,
Texas, Feb. 13, 2024 /PRNewswire/ -- First
Financial Bank has announced a $5.5
million investment to support the Landmark at Abilene senior housing project. The historic
renovation of the former Travis Elementary School at 1101 S. 9th
Street will involve converting and expanding the building into 29
affordable housing units for senior citizens.
The original schoolhouse on that lot was built in 1903 and was
known as South Ward. It later became known as Travis Elementary and
was rebuilt in 1922 by renowned architect David S. Castle. The school closed its doors in
1985.
Landmark at Abilene will occupy
nearly a full block in the Original Town South neighborhood, with
plans to redevelop the entire site. The restored property will
include amenities such as a community room, dog park, picnic area,
theater room, walking trail, and a courtyard for the residents.
Construction is expected to be completed by spring of 2025.
"First Financial is proud to support this important project for
Abilene," said F. Scott Dueser, President and CEO of First
Financial Bankshares, Inc. "This historic rehabilitation will
provide more access to quality affordable housing for senior
citizens, while also restoring a cherished piece of Abilene history. It's an honor to help bring
this positive addition to our community."
The project is being led by Overland Property Group (OPG), a
developer with extensive experience constructing affordable
housing, senior housing, and historical renovations. The project is
made possible by tax-credit funding from Texas Department of
Housing & Community Affairs (TDHCA) and partnerships with the
Midwest Housing Equity Group and First Financial Bank.
About First Financial Bank, N.A.
First Financial Bank,
N.A. is a wholly-owned subsidiary of First Financial Bankshares,
Inc. (NASDAQ: FFIN). Headquartered in Abilene, Texas, First Financial Bankshares is
a financial holding company that through its wholly-owned
subsidiary, First Financial Bank, N.A., operates multiple banking
regions with 79 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan,
Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El
Campo, Fort Worth,
Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Lumberton, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral
Wells, Montgomery,
Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port
Arthur, Ranger,
Rising Star, Roby, San
Angelo, Southlake,
Spring, Stephenville, Sweetwater, Tomball, Trent, Trophy
Club, Vidor, Waxahachie, Weatherford, Willis, and Willow
Park. The Company also operates First Financial Trust &
Asset Management Company, N.A., with nine locations and First
Technology Services, Inc., a technology operating company. The
Company is listed on The NASDAQ Global Select Market under the
trading symbol FFIN. For more information about First Financial,
please visit our website at http://www.ffin.com.
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SOURCE First Financial Bankshares, Inc.