Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Friday, February 05, 2016
Construction begins on Midtown Park senior living development in North Dallas
The new senior living development will bring 109 skilled nursing and senior living suites to North Dallas.
A development group — US Freedom Capital and OnPointe Health Development — started construction Wednesday on a new senior living community in Midtown Park in North Dallas.
The 77,132-square-foot, three-story campus will sit at 8160 Meadow Road near Manderville Lane is in proximity to Texas Health Presbyterian Dallas hospital.
In all, the project, called Adora Midtown Park, will bring 109 skilled nursing and assisted living suites to this part of the city upon completion.
The senior-living community will have hospitality-style facilities that will give discriminating residents an unmatched level of transitional post-acute care and senior living suites, said US Freedom Capital Principal David Gunderson.
Adora Midtown Park was funding by foreign investors from Saudi Arabia, Canada, Brazil and India that are seeking U.S. residency through the EB-5 investor visa program. The new development will create more than 290 jobs.
US Freedom Capital and OnPointe Health provided bridge capital to help the project quickly launch as investors go through the immigration process.