Avenida Partners Announces Partnership with Artemis Real Estate Partners to Develop a Resort-Style Active Adult Lifestyle Community in Carrollton, Texas
Avenida Carrollton will be located at the northwest corner of North Josie Road and Arbor Creek Drive and will be spread over 10 acres with over 35,000 square feet of best interior and exterior amenities. The community will feature “Texas Modern” architectural design with state-of-the-art finishes that include designer floors, quartz countertops, walk-in closets, step-in showers, and private patios and balconies. Apartment floorplans will range from 686 sq ft to 1,285 sq ft; With duplex and triple cottages ranging from 1,360 square feet to 1,490 square feet, equipped with attached garages and front and back yards.
“We are excited to offer two new options for calling the proud city of Carrollton home: an apartment, where they can stay right down the hall from their friends; or a cottage that has the conveniences and luxury of a single-family home. Featuring additional responsibilities of ownership,” said Matthew May, Vice President of Avenida Partners. “The dual product offering will not only cater to local Carrollton residents, but will attract patrons from across the MSA, supporting migration to Dallas with an attractive new housing option for active adults.”
Avenida will partner with Artemis Real Estate Partners on the development. “Artemis is excited to build our relationship with Avenida and develop a resort-style active adult,” said Artemis Senior Managing Director Kelly Sheahy.
Residents will enjoy over 12,000 square feet of interior amenities featuring a sophisticated yet refreshing design palette and 25,000 square feet of custom exterior amenities. Interior amenities will include a luxurious living room, private dining room, fitness center, yoga and dance studio, salon and creative arts studio. A plethora of interior spaces are complemented by outdoor amenities that will include community gardens with a pickleball court, pool and spa, poolside grilling and lounge areas, and a dedicated farm-to-table patio. Residents of Avenida Carrollton will enjoy full access to Avenida’s highly engaging Resident Enrichment Program that offers over 300 activities a month – from pinot and paint to water aerobics.
Firms involved in the project include Meeks + Partners, REES Associates, DTJ Design, DesignSixTwo, WGI and KWA Construction.
To learn more about Avenida Carrollton and to join our VIP interest list, please visit www.avenidapartners.com/avenida-carrollton.
About Avenida Partners
Avenida Partners is a national real estate development firm with offices in Newport Beach, California and Nashville, Tennessee. The award-winning Avenida team specializes in the development of vibrant active adult communities that are thoughtfully designed and expertly built for the next generation of senior citizens. Avenida communities provide the most important things in building a home that promotes a healthy, active and engaged lifestyle. Avenida Partners’ portfolio includes more than 2,000 units and 2 million square feet of living and social space. Each community reflects the unique architecture of the neighborhood in which it is built and also has a strong mix of facilities, programs and amenities. For additional information and to learn more about other Avenida communities, please visit www.avenidapartners.com.
About Artemis Real Estate Partners
Artemis Real Estate Partners is an investment manager based in metropolitan Washington, DC with offices in New York City, Los Angeles and Atlanta. Artemis has raised approximately $7.5 billion in capital across core, core plus, value-add and opportunistic strategies. The firm makes equity and debt investments in real estate across the United States, with a focus on healthcare real estate (including active adult, independent living, senior housing, medical offices and skilled nursing), multifamily, industrial, office, retail, hospitality. Is. and self-storage. Artemis specializes in joint venture partnerships with established, diversified and emerging operating partners and direct investments. More information can be found at www.artemisrep.com.
Source Avenida Partners
