Hook ’em Horns. Even though the project was announced back in 2006, the Texas Exes, the former student association, recently contacted us to let us know that it was making progress on completing its 57-acre independent living campus. The Exes have a unique ability to have access to a diverse, loyal group of alumni who want to maintain access to the university’s performing arts and athletics programs as well an ongoing affiliation with the School of Nursing and Social Work.
Longhorn Village residents will choose from one or two bedroom apartment residences or stand alone villas and the project is structured as a CCRC through payment of a 90% refundable entrance fee and an ongoing monthly service fee. Each residence has a complete kitchen and elegantly appointed interior. Plans call for 180 apartment residences and 38 villa residences. The community will provide numerous services and amenities including restaurant-style dining and an indoor pool. Residents also are provided wellness programs, nutritional advice, extensive recreational facilities, and intellectually stimulating activities.
Cooperative Retirement Services of America (CRSA), the company leading the development team, provides development, marketing, management and financial services to 37 other senior living communities in 19 states. Four of CRSA’s properties are also university-related communities. In addition to the Texas Exes and CRSA, the Longhorn Village development team includes Rees Associates, Dallas, TX, architects; Manhattan Construction, Dallas, TX, contractor; and Herbert J. Sims, Southport, CT, investment banking.