Nexus Companies, a California-based developer of luxury senior living communities, has unveiled plans to build its first luxury high-rise—and its first senior multifamily project outside the Golden State.
Nexus has acquired a 1.3-acre parcel in the affluent Turtle Creek neighborhood of Dallas where the company plans to build a 20-story senior living community that will be known as Vivant of Turtle Creek.
The $190M project, which will be designed by the Dallas office of HKS, is expected to break ground in Q2 2023. The luxury tower will include 168 assisted living units and 30 memory care units.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.