ITEX Breaks Ground on New Senior Community in Beaumont


BEAUMONT, TX — The groundbreaking ceremony for the Abiding Grace senior living community was a momentous event in Beaumont, Texas, signaling the beginning of an exciting new development. This project is a collaboration between ITEX, ICON, Antioch Missionary Baptist Church, the City of Beaumont Government, and several other partners, all focused on improving senior living in the region.

Pastor John R. Adolph, present at the ceremony, commended Chris Akbari, ITEX’s CEO, for his exceptional leadership. “Chris is doing a wonderful job of living his father’s legacy,” he commented, highlighting the importance of Chris’s role in such impactful projects.

The Abiding Grace community will feature 61 units, including 44 one-bedroom and 17 two-bedroom apartments, designed to create a supportive and engaging environment for seniors. This development represents more than just new buildings; it signifies the creation of a close-knit community for seniors.

Chris Akbari, speaking about the project, said, “The groundbreaking of Abiding Grace marks the beginning of an exciting new chapter. It’s not just about laying the foundation for a building; it’s about constructing opportunities and a better future for our local seniors.”

As the construction of Abiding Grace is set to commence, the project stands as a symbol of ITEX’s commitment to enriching the lives of seniors in Beaumont. This development is envisioned as a space where seniors can find both comfort and community.

About ITEX

Founded in 1981, ITEX has developed over 8,000 units in over 60 communities, representing more than $800 million in completed developments. The team currently manages over 7,400 luxury and affordable housing units. The development of new communities — from ground-up planning to comprehensive neighborhood revitalizations — is a core component of what ITEX does. ITEX is also recognized as one of America’s “Top Places to Work in Multifamily” and is a fast-growing multifamily developer with a passion for building quality housing and great resident experiences.

For more information about ITEX, please contact:

John Gonzalez


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