The View 38002 March 2020 The View March 2020 | Page 3

www.theview38002.com
MARCH 2020 |  Page 3
THE LAKE DISTRICT
S
omething new is happening over
at the corner of I-40 and Canada
Road. Groundbreaking began on
February 5th, 2020 for The Lake District.
Centered around a 10-acre lake, this site
will host both commercial and residen-
tial purposes to give homeowners easy
access to shopping, business services,
and recreation. The mixed-use develop-
ment features over 160 acres of upscale
architecture with walkable convenience.
So far, there are plans for offices, two
hotels, retail and entertainment, restau-
rants and cafes, luxury apartments, and
custom-built single-family homes. These
areas will be separated into five districts:
inline retail, Main Street, office, hotel,
and residential.
Heading the development of The Lake
District is Gilad Development, Inc. Ye-
huda Netanel, the owner and found-
er, and Maggie Gallagher, Director of
Development, have worked hard to
bring this vision to life along with their
team of local attorneys, builders, and
realtors. LRK is providing the Mas-
ter Plan that gives construction teams
the community standards to follow
for a cohesive look throughout the
community. LRK is a national archi-
tectural firm based in Memphis. LRK is
creating the architectural guidelines for
the entire project.
Residents will be able to enjoy Phase
1 just in time for the holidays of 2020,
providing new homes and shopping
experiences to enjoy during the festive
season. At the completion of phase I, you
can expect to see:
• 132,000 square feet of inline retail and
restaurant space
• 2 hotel sites
• 109 townhouses
• 15 pad sites
The neighborhood and retail opportu-
nities offered at The Lake District will also
be surrounded in the nature encounters
provided by the landscaping. The de-
velopers have already started working
with a landscaper to begin a nursery to
grow the trees that will be utilized in the
community. Being able to walk around
the lake and through the community will
be an experience in itself.
So far in the lineup of spaces, Phase 1
consists of The Stock Market Grocery,
Hollywood Feed, Brick House Gym, Fire-
house Subs, Elite Total Health walk-in
clinic, Germantown Village Wine and
Liquor, Gloss Nail Bar, Gould’s Salon
and Spa, Osaka Japanese Cuisine, a nine-
screen Malco Theatre, and a Starbucks.
There is still space available for businesses
to join in on the opportunity to be a part
of The Lake District. Top companies in
shopping and lifestyle experiences are
encouraged to take advantage of what this
community brings to the area. Leasing is
on the hunt for the best in restaurants,
entertainment, and health and wellness
brands.
“If you want to remain relevant in your
business and how you grow and expand
your business, you need to be a part of
what’s relevant today, and The Lake Dis-
trict is providing that environment, that
platform for you and for your business to
expand,” says Maggie Gallagher.
Sometime in 2022, Phase 2 should open
to expand The Lake District even further.
This second aspect of the project will
focus on the Main Street district. It will
expand the property to include:
• 176,000 square feet for retail and res-
taurants
• 171 single-family homes
• 396 apartments above retail space
• 168 age-restricted apartments
• 75,000 square feet of office space
• A public space for live music and com-
munity events
Townhomes were originally planned
for development during Phase 2 but
were moved up to Phase 1 of the project
due to growing interest in the residential
space.