Real Points

Daily Reports on Commercial Real Estate


Lovers Lane Senior Living Community on Tap

Category:
Author:
By
Post date:
February 6th, 2013 6:48am

Rendering: The Tradition at Lovers Lane

Tradition Senior Living LP will break ground Thursday on The Tradition-Lovers Lane, a high-end senior living community. The development will feature a 202-unit independent living complex, designed by Houston-based Meeks + Partners, at the corner of Matilda and Milton streets. It also includes a 109-unit assisted living/memory care facility next door, designed by Dallas-based D2 Architecture LLC.

Jonathan Perlman, founder and CEO of Tradition Senior Living, said the project is expected to open in June 2014.

It will be the company’s second project. The first, The Tradition-Prestonwood, a 220-unit independent living facility on Prestonwood Boulevard, opened in 2010 and is nearly full.

Like that property, the Lovers Lane facility will be built by TSL’s construction arm, Four Suns Construction LLC and managed by Tradition Management LLC. Amenities include four courtyards, underground parking, wellness programs and fitness areas, and an indoor pool.

A marketing center for the new community will open in April at Lovers Lane and Matilda Street.



Leave a Comment

* required fields

Welcome to D Real Estate Daily, a news site brought to you by D Magazine Partners



Sectors


Submarkets



  • Hand & Stone Massage and Facial Spa has leased 3,287 square feet of retail space in The Centre at Preston Ridge Shopping Center in Frisco. More »
  • Arlington Independent School District has leased 28,592 square feet of government space at 690 E. Lamar Blvd. in Arlington. More »
  • Proton Partners LP has purchased two buildings with a total of 37,771 square feet of office space at 14330 Midway Road in Farmers Branch. More »
  • Pharmacy Corp. of America has leased 18,193 square feet of industrial space in One Paddock Place at 2214 Paddock Way in Grand Prairie. More »
  • DXP Enterprises Inc. has leased 13,313 square feet of industrial space in Westfork Center Building B at 1515 Avenue S in Grand Prairie. More »
  • Bill Sheahan Designs LLC has leased 1,033 square feet of retail space at 6969 Hillcrest Ave. in University Park. More »


Supporting Partners