In a joint venture with Scottsdale, AZ-based RED Group, LLC and Seattle, WA-based Leisure Care, Opus West Corporation has broken ground on 24.7 acres in the Houston suburb of Missouri City for the mixed-use Colonial Lakes Village project. Colonial Lakes Village will include a 222-unit independent senior living community as well as 50,000 square feet of office condo space, 5.2 acres devoted to retail pad sites and 20,000 square feet of retail space.
The community defines a new category of stylish, health and wellness-oriented living options available to older adults. The office condo space will consist of buildings sized at 3,500 square feet, while residences will range from approximately 776 square feet to 1,356 square feet. Current plans call for five retail pad sites. The layout of The Reserve at Colonial Lakes will provide for easy flow and include several aesthetically minded elements, including activity courtyards, a heavily landscaped lake and roundabout, view corridors and passive courtyards that will enhance the sensory appeal of the complex.