Introducing Gardens of Frankfort: A Proposed Senior Living Development Enriching Frankfort's Community and Economy

LFI Real Estate has proposed a new real estate project designed exclusively for seniors. "Gardens of Frankfort" is not just a development; it's a testament to fostering community bonds and enhancing the town's tax base. 

"Gardens of Frankfort" caters to the increasing need for seniors who seek to downsize or retire within the comfort of their familiar surroundings. This community is exclusively tailored for individuals who wish to remain close to their families, grandchildren, and the vibrant community life that Frankfort offers. 

"Gardens of Frankfort" would contribute to the town's tax base without burdening local schools with additional enrollments; this development promises to enhance the tax revenue directed towards the school district. By attracting seniors who will contribute to the local economy through dining, shopping, and paying sales taxes, "Gardens of Frankfort" offers a sustainable financial benefit to the village.

The project owners draw upon their successful track record, exemplified by a similar development situated just across the street - Gateway Frankfurt. Mike Rose developed this precedent-setting community years ago, demonstrating that senior housing can seamlessly integrate into Frankfort's landscape while providing residents with a high-quality living environment.

“Frankfort has always been a community focused on families. What happens when our seniors cannot afford to live anywhere near their children and grandchildren? We think this proposal can benefit the community in so many ways, and I’m just excited to be able to do this in my hometown for the past 40 years” Mike Rose, Founder & CEO of LFI Commercial Real Estate. 

While exact revenue projections for "Gardens of Frankfort” are subject to various factors, including market dynamics and occupancy rates, preliminary estimates suggest a substantial boost to the town's general revenue. This injection of revenue promises to fortify Frankfort's financial health, enabling continued investment in essential services and infrastructure for the benefit of all residents.

"Gardens of Frankfort" represents more than just a real estate project; it's a commitment to nurturing a thriving, intergenerational community where seniors can age gracefully while maintaining close ties to their loved ones and contributing meaningfully to the town's economic vitality. 

About LFI Real Estate

Founded in 1973 by Michael H. Rose as a full-service real estate development company, located in Mokena, IL, Location Finders International - LFI is a vertically integrated real estate organization focused on the acquisition, development, and creation of innovative commercial real estate solutions for its real estate portfolio consisting of more than 100 properties across the U.S., with a concentration in the Chicagoland area, ranging from small to large size retail centers, medical office buildings, prime commercial buildings, single tenant retail with large national or regional tenants, to be developed properties, large manufactured home communities, industrial parks, and hotels, currently valued more than $500 million. For more information, visit the LFI Real Estate website at www.lfirealestate.com/. 

Media Contact:

Contact: Rimas Grabliauskas

Email: rimas@lfirealestate.com