Lake District Breaking Ground
Commercial Appeal - After four years of planning, the Lake District breaks ground on February 5th in Lakeland, Tennessee. On a 160-acre site worth $300 million, the project ranks as the second-largest residential and retail project in metropolitan Memphis. This urban village located in the far corner of Shelby County will consist of retail and residential areas separated by a man-made lake. Construction during Phase I of the project will include 109 townhomes, a hotel near I-40, and over 140,000 square feet of retail shops, restaurants, offices, and entertainment facilities. Phase II is expected to begin in two years and will consist of a lakefront boutique hotel, 25,000 square feet of restaurant space, 396 apartments above the retail shops, 171 single-family homes, and 75,000 additional square feet of corporate office space.