AVENIDA PARTNERS ANNOUNCES A PARTNERSHIP WITH ARTEMIS REAL ESTATE PARTNERS TO DEVELOP A RESORT-STYLE ADULT ACTIVE LIFESTYLE COMMUNITY IN CARROLLTON, TEXAS

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Avenida Carrollton will offer newHigh-end apartments and chalets at market prices for people aged 55 and over

NEWPORT BEACHCalifornia. , April 22, 2022 /PRNewswire/ — Avenida Partners brings its award-winning design to Carrollton – a northern suburb of dallas. The resort-inspired community will offer 155 market-priced rental apartments comprised of one and two-bedroom apartments floor plans, as well as 48 duplex and triplex chalets. This thoughtfully organized the community will offer a new residential option for people 55 and older who reside in or move to Carrollton and the biggest dallas area who want more time to enjoy themselves with a maintenance-free, program-enriched lifestyle.

Avenida Carrollton will offer 155 market-priced rental apartments featuring one- and two-bedroom floor plans, as well as 48 duplex and triplex cottages.

Avenida Carrollton will be located at the northwest corner of North Josey Road and Arbor Creek Drive and will span 10 meticulously landscaped acres with over 35,000 square feet of premier interior and exterior amenities. The community will feature a “Texas modern architectural design with state-of-the-art finishes including designer floors, quartz countertops, walk-in closets, walk-in showers and private patios and balconies. Apartment floor plans will range from 686 square feet to 1,285 square feet; Duplex and triplex cottages ranging from 1,360 square feet to 1,490 square feet equipped with attached garages and front and back yards.

“We are thrilled to offer the proud town of Carrollton two new options to settle down: an apartment, where they can live just down the hall from their friends; or a cottage offering the conveniences and luxuries of home. single family without the added responsibilities of ownership,” said Matthew May, Vice President at Avenida Partners. “The dual product offering will not only appeal to local residents of Carrollton, but will attract customers from across MSA, supporting the immigration that is occurring throughout dallas with an attractive new housing option for the active adult.”

Avenida will partner with Artemis Real Estate Partners for the development. “Artemis is excited to build her relationship with Avenida and excited to develop complex style active adults,” said Kelly SheeyCEO of Artemis.

Residents will enjoy over 12,000 square feet of interior amenities that feature a sophisticated yet refreshing design palette and 25,000 square feet of custom exterior amenities. Interior amenities will include a Great Hall, private dining room, fitness center, yoga and dance studio, lounge and creative arts studio. The plethora of indoor spaces is complemented by outdoor amenities that will include a pickleball court, swimming pool and spa, BBQ and poolside lounge and community gardens with a dedicated farm-to-table courtyard. Residents of Avenida Carrollton will enjoy full access to the highly engaging Avenida Resident Enrichment Program which offers over 300 activities per month, ranging from pinot and painting to water aerobics.

Companies 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 company with offices in Newport Beach, Californiaand Nashville, TN. Avenida’s award-winning team specializes in developing active and vibrant adult communities, carefully designed and expertly built for the next generation of seniors. Avenida communities offer the most important elements to create a home that promotes a healthy, active and engaged lifestyle. Avenida Partners’ portfolio includes over 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 features a robust mix of amenities, programs, and amenities. For more information and to learn about other Avenida communities, please visit www.avenidapartners.com.

About Artemis Real Estate Partners
Artemis Real Estate Partners is a metropolitan based investment manager washington d.c.with offices at New York City, Los Angeles and Atlanta. Artemis harvested approx. $7.5 billion of capital in core, core plus, value-add and opportunistic strategies. The company makes equity and debt securities investments in real estate through United States, with a focus on healthcare real estate (including working adults, independent living, seniors housing, medical practices and skilled nursing), multifamily, industrial, office, retail, d hospitality 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.

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