February 26, 2024
AUSTIN – Minneapolis-based developer Ryan Cos. has broken ground on Grand Living at The Grove, a five-story, 213-unit seniors housing project.
The 348,353-sf building will house 177 independent and assisted-living apartments, as well as 36 memory care apartments. Studio and one- and two-bedroom apartments will start at 450 sf.
Ryan Cos. is co-developing the project with Grand Living and Castletop Capital. PACE Loan Group and Bankers Trust provided financing.
Doors are slated to open early 2025.