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Anna EDC approves up to $800,000 incentive for Foursquare Healthcare skilled-nursing project

October 02, 2025 | Anna, Collin County, Texas


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Anna EDC approves up to $800,000 incentive for Foursquare Healthcare skilled-nursing project
The Anna Economic Development Corporation voted to approve a resolution authorizing an incentive agreement with Foursquare Healthcare Limited to reimburse qualifying site improvements up to $800,000 for a proposed skilled-nursing facility.

The resolution (2025-10-14) passed by voice vote after a motion and second; board members present voted in favor and there were no recorded opposing votes. Natasha (EDC staff) said the developer’s “investment in this project is about $26,000,000,” and described a 120-bed medical lodge planned on about 5.5 acres with a future second phase of medical offices on roughly 8 acres.

Why it matters: EDC staff framed the incentive as support for utility and infrastructure work at a site that currently lacks water, sewer and gas service. The project is presented as a short-term rehabilitative skilled-nursing facility with a portion for long-term care and is projected to bring “approximately 100, high quality paying jobs,” Natasha said.

Details and board discussion: Staff described the site as located near Highway 5 just before Foster Crossing and said the EDC agreement will reimburse construction costs for utilities and other qualifying site work up to the $800,000 cap. Board members praised the project as adding local medical capacity and jobs, and said the developer maintains properties in its own portfolio and uses masonry architecture that will fit into nearby neighborhoods. A board member referenced internships and workforce opportunities tied to the facility.

Formal action: The board made and seconded a motion to approve the incentive agreement; Mr. Williams seconded the motion and the board approved it by voice vote.

Next steps: The agreement authorizes reimbursement for qualifying site improvements; the transcript does not specify a construction timeline, final permitting steps, nor the date when reimbursements would be paid.

Votes at a glance: Resolution 2025-10-14 — Approve incentive agreement with Foursquare Healthcare Limited for up to $800,000 reimbursement for qualifying site improvements. Outcome: Approved (voice vote).

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Scribe from Workplace AI
Scribe from Workplace AI