LIVE OAK, TX—The active senior living community, Larkspur at Gateway, will serve increasing demand from the baby boomer generation and respond to the need for affordable senior housing in the northeast San Antonio area. The 213-unit project plans to break ground in late 2017 and is scheduled to deliver in early 2019.
“We believe in providing seniors with an affordable place to call home without sacrificing amenities or upgrades,” said Noah Drever, managing partner of Drever Capital Management. “We aim to create true communities where neighbors know each other and residents feel a real sense of home.”
The Larkspur community will provide amenities to encourage active living and a neighborhood environment for its residents. A recent study found that more than 3.1 million US citizens were part of an active adult community, a significant increase as the country's largest generation ages. Many are leaving home ownership behind due to the responsibilities of home and yard maintenance coupled with the desire to live close to family and friends. Active seniors gravitate to communities where they don't have to sacrifice comfort or location while having easy access to the activities and amenities they are used to enjoying.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
