DALLAS—Nearly four years after initial planning work, Dallas-based Tradition Senior Living is poised to begin construction on its luxury senior living community on a high-profile tract of land near Central Market off Lovers Lane in Dallas.

The financial details of the project were not disclosed in an article in the Dallas Business Journal.

"This is a fantastic site," Jonathan Perlman, founder and CEO of the development firm told the Journal. "Finding funding for projects this size is challenging, especially for a small group, but I think our partners and lenders financing this project speaks volumes about it."

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.