Terracap is under initial design and planning phase to build senior living residential complex in Lockwood Ridge, intersection of North Lockwood Ridge Road and Desoto Road in Sarasota, Florida.
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 which consists of approximately 33,000 homes and 28 villages/neighborhoods.
