Townhomes Grab Center Stage in Lakeland’s Lake District
Potential homebuyers look at floor plans and the location for The Willows at The Lake, part of the $400 million Lakeland Lake District. The overall plan calls for retail, restaurants and entertainment space; two hotels; 75,000 square feet of office space; single-family homes and apartments – all surrounding a 10-acre lake.
As a result, Lakeland Mayor Mike Cunningham thinks seeing evidence of the first phase in recent months has stoked interest for potential buyers.
“It speaks for itself to see this many people here. I’m blown away seeing this much interest,” said Cunningham. “These people want to get in on the ground floor, be a part of the beginning of this and be able to pick their prime lots today.”
Townhome floor plans, designed by LRK Architects, will range from 1,636 square feet to roughly 1,816 square feet. In addition, pricing starts in the mid-$300,000s. Features include spacious kitchens, high ceilings, private courtyards, garages, and golf-cart parking.
The Lake District will have a population of 2,000
Gilad President Yehuda Netanel expects the first move-ins by this time next year. In December, an amendment to The Lake District’s master plan replaced 64 single-family homes with 109 townhomes.
Construction of Phase 2 of the project’s housing, including 177 zero-lot-line, single-family detached homes, 396 apartments and 168 age-restricted (55+) apartments, will begin in the fall of 2022.
Next month, the first business opening at The Lake District will be a new Starbucks facing Canada Road.
Other Phase 1 retail, including The Stock Market, Frida’s Mexican, Gould’s Salon and Spa, Brick House Fitness, Elite Total Health, AT&T and Gloss Nail Bar, and Malco Theaters, should open next spring.
Also, the Shelby County Sheriff’s Office will open a Community Outreach office as part of Phase 1.
The Lakeland Lake District will eventually have a population of about 2,000 people. This is the largest development project underway in Shelby County.
For more information, please check out the full article from the Daily Memphian.
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