New apartments planned to ease Sherman housing shortage - KTEN.com - Texoma news, weather and sports

New apartments planned to ease Sherman housing shortage

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An artist's conception of the new apartment complex planned for Knollwood Road in Sherman. (Sherman Planning & Zoning) An artist's conception of the new apartment complex planned for Knollwood Road in Sherman. (Sherman Planning & Zoning)

SHERMAN, Texas -- More apartments are coming to the Sherman-Denison area.

Sherman Planning & Zoning approved a 66-unit complex in the 4800 and 4900 blocks of Knollwood Road, almost all of them with one bedroom.

"Our occupancy of local apartment buildings is 97 percent, so these units that are coming online are getting snatched away," said Sherman city spokesman Nate Strauch. "We brought another 150 online, so to have another 66 planned now, we think it's a great deal."

Daniel Worrell, the director of newest development, said the complex will be more modern than surrounding apartment buildings, with a unique design and a courtyard.

"Today we pulled the trigger on civil engineering," he said. "We already have architectural, conceptual plans, so we're moving along with that."

Even though the new apartments will add some extra space, city officials say it won't be enough to accommodate the rapid growth.

"We think even after this apartment complex comes online in the next 18 months or so, it's not really going to accommodate the need that we're already seeing," Strauch said. "We're going to need more of these building being built... more buildings being built in multiple parts of town."

If the Sherman City Council signs off on the plans at its meeting on July 15, construction is expected to begin on the new development within four months.

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