DALLAS — The Legacy Senior Communities has broken ground on The Legacy Midtown Park, a nonprofit continuing care retirement community in Dallas. Development costs are estimated at $175 million.
Development
Peacock Partnership Buys Former Hotel in Atlanta for $70M Seniors Housing Redevelopment
by Jeff Shaw
ATLANTA — Peacock Partnership Inc. has completed its purchase of the former Presidential Hotel, located near Atlanta’s “Spaghetti Junction” highway interchange of I-285 and I-85. The buyer plans to convert the long-vacant property into a seniors housing community.