NORMAN, Okla. — MedCore Partners and The National Realty Group (TNRG) have started construction of Sooner Station at University North Park, a 188-unit senior living community.
The construction site is situated less than five miles from The University of Oklahoma, on the north side of University North Park, a large, mixed-use project currently under development.
Sooner Station will offer 100 independent living, 64 assisted living and 24 memory care units. The OU Foundation sold the eight-acre plot to the development team.
Integral Senior Living (ISL) will manage Sooner Station, which is scheduled to open in fall 2021.
The project is the third senior living development for MedCore Partners and TNRG. The companies previously opened the 80-unit Spring Cypress Assisted Living and Memory Care community in Cypress, Texas in June 2018. The 190-unit Fountainwood at Lake Houston in Northeast Houston slated to open in November. In the past eighteen months, MedCore and TNRG have also partnered on the acquisition of six operating senior living communities.
BOK Financial provided construction financing, while Tulsa-based ACRON USA provided an equity investment. Pi Architects provided architectural, engineering, interior design, and landscape design services for the project. Tulsa-based Cowen Construction is the general contractor.