Imprint Property Group (IPG) broke ground on its third active adult recreational community in Texas. The 184-unit Larkspur at Creekside in New Braunfels signifies the first of a series of projects in a joint-venture partnership with Atlanta-based Batson- Cook Development Company (BCDC.
“Designed for people 55-years-old and up who want a carefree lifestyle in a location that’s ‘close-to-everything-important,’ it is a highly flexible, amenity-rich community,” said Noah Drever, founder and CEO of Tiburon, CA-based IPG.
He added that the project “also has innovative resident engagement programs that focus exclusively on research-based wellness, health, and enriching social experiences.”
Larkspur at Creekside will feature 32 two-bedroom private cottages as well 152 apartments in the main building. Amegy Bank and Fast Preferred Equity are providing financing, along with IPG and BCDC.
HEDK Architects of Dallas is the architect, and Godfrey Construction Company of College Station, TX is the general contractor.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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