A GILAD DEVELOPMENT. OCCUPANCY 2019.
The Lake District is an upscale 160 acre mixed-use community around a six-acre lake. Designed with elegant water features, tree lined parks, and antebellum-inspired architecture, The Lake District conveys a sense of place. Eight primary elements combined create a village with urban amenities and a vibrant street life important to retail in a suburban community.
|Big Box Retail||327,600 sf||Blocks C, D & E|
|Main Street Retail||199,155 sf||Blocks A & B|
|Residential||100||Multi-Family Units over retail|
|236||Single Family Lots|
|Hotels||2 Outparcels||150 keys connected to Main Street
250 keys visible from the highway
|Out Parcels||9 QSR, FSR & Service Retail Pads|
|Office||70,000 sf||4 Buildings|
|Performing Arts Center||Approx 300 seats|
|Health and Wellness||Up to 20,000 sf|
|Child Learning Center||2.06 acre PAD|
The sheer magnitude of the project will attract residents, retailers, shoppers and visitors from both a local and broad geographic ring. (Please edit to include the prevalent counties surrounding Lakeland, Tennessee.
Located in the affluent Lakeland Tennessee just outside the Memphis City Limits in Northeast Shelby County at I-40 and Canada Road. A new cloverleaf single point interchange at Canada Rd. is slated for completion early 2017 with direct ingress and egress to I-40. Average drive counts are 53,467 cars per day.
Additionally, the site is located with in the new outer road loop of Highway 385 and I-269 providing access to the entire regional community including West Tennessee and North Mississippi markets.
THE DISTRICTSThe Lake District is a distinct upscale neighborhood. Each of the eight elements are identified as independent Districts promoting connectivity.
The Lake District is seeking two upscale hotel concepts.
Site – Two Outparcels
- 150 keys connected to Main Street; 250 keys visible from the highway
- The site can be configured for 1 Flag with 2 concepts for higher efficiency or two separate Flags.
- Excellent highway visibility
Greater Memphis is home to Fed-Ex and other major national distribution centers including Nike, Williams-Sonoma, numerous consumer electronics businesses, and the biomedical industry.
Regional Power Center
Regional Power Center – Blocks C, D & E
The Retail Quarter is located on I-40 and Canada Rd. for excellent visibility and access.
Tenant Mix Grocery, apparel, furniture, home goods, sporting goods, and others.
Notes A natural extension of the Wolfchase regional trade area which is 100% built out for new large developments, The Lake District is clearly the next regional retail opportunity.
MAIN STREET DISTRICT
Town Center Retail Development
Town Center Retail Development – Blocks A & B
The heart of the village, the Main Street District is represented by chef driven restaurants, café’s, and a mix of national and local boutique retail opportunities including lakefront restaurant pads.
Restaurants 3 lakefront sites
Main Street Retail Contiguous space available
Notes Main Street offers apartment living above the retail and links the residential town homes and manor homes via walking bridges crossing the lake.