Methodist Retirement Communities, a nonprofit organization based in The Woodlands, is putting plans together to close on a 19-acre tract in southwest Fort Worth, which will make way for a new $140 million senior living community.
The development group is awaiting city approvals before closing on the land, located off Chisholm Trail Parkway at Bryant Irvin and Altamesa boulevards within Tavolo Park. Tavolo is a $1 billion mixed-use development being built by Dallas-based Provident Realty Advisors.
The new community, called Stevenson Oaks, will bring 259 homes with a variety of living options and varying levels of care.
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