Lockwood Ridge
Residential Development
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Terracap is in the initial design and planning phase to build a senior living residential complex at Lockwood Ridge, at the intersection of North Lockwood Ridge Road and Desoto Road in Sarasota, Florida.
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The complex will consist of 130 units, 80 units dedicated to assisted living and 50 units for memory care.
- The location is characterized as an attractive suburban area. The property is located 3.7 miles east of Sarasota Bay and 6.7 miles away from Bradenton in Manatee County with a population of 56,551.
- North of the Sarasota County border is the Lakewood Ranch area, an attractive, growing community comprising approximately 33,000 homes and 28 villages/neighborhoods.
