AUSTIN – DMA Development Co. LLC is developing Arbor Park, a $17 million
senior-housing facility.
The four-story project will have 147 units for adults aged 55+. Some units
will be reserved for tenants making below 80, 50, or 30 percent of the area
median income.
It will have a large community area with a kitchen, ground-floor library,
private courtyard, fitness center, floor lounges, laundry facilities, and high
ceilings.
Opening is slated for late 2023.
Looking for more Austin-area senior
living news? The Texas Real Estate Research
Center’s got you covered.
Source: Connect CRE
