A GILAD DEVELOPMENT. OCCUPANCY 2019.
The Lake District is an upscale 162-acre mixed use community surrounding a 10-acre lake and waterways. Designed as an Urban Village, The Lake District is a walkable community with elegant water features, tree-lined parks, and inspiring architecture giving the sense of an established neighborhood with varying facades and roof lines. Intelligent design will leave a distinctive imprint on the regions for-sale residential market. Special attention is given to public spaces while parking structures eliminate extensive surface parking. Eight primary elements combined to create a village with urban amenities and a vibrant street life:
|Retail | Restaurant|
|Power Center Retail||125,000 sf||Blocks C & D|
|Main Street Retail||156,700 sf||Blocks A & B|
|Retail Pads||Eleven (11) outparcels totaling 12.43 acres|
|Hotel #1||124 keys visible from highway|
|Hotel #2||140 keys connected to Main Street|
|Performing Arts Center||33,670 sf|
|Residential||229||Single Family Detached|
|83||Town Houses Detached|
|95||Apartments over Retail|
|Assisted Living Units||2.25 acres|
|Large Outparcel||2.06 acres|
|Structure #1||350 spaces|
|Structure #2||200 spaces|
|Structure #3||100 spaces|
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
- 124 keys connected to Main Street
- 140 keys visible from the highway
- 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 – Blocks C & D
The Retail District 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
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 | 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.