Funding type
This project involves public funds, public land, or is a Federally funded roadway project.
Lake Forest Senior Living, LLC
4656 W UNIVERSITY DR, Mckinney, TX, 75071
Lake Forest Senior Living, LLC is a new construction project at 4656 W UNIVERSITY DR, Mckinney, in Collin County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Nov 2028. The project has an estimated value of $63.0M across about 247,383 sq ft.
- Estimated project value
- $63.0M
About this figure
Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.
- Reported floor area
- 247,383 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $255/sqft
About this figure
Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.
- Scheduled duration
- 1y 8mo
About this figure
The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.
The project record
Project timeline
Explore filed milestones and scheduled dates. Open a milestone for its source.
3 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
Source: TDLR filing
View source recordScheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
167 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled completion · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
611 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Lake Forest Senior Living, LLC
Lake Forest Senior Living, LLC is a new construction project located at 4656 W University Dr in Mckinney, Texas. The development is registered with TDLR and features a total of 247,383 square feet of space. The estimated cost for this build is $63,000,000, which equates to a cost of $255 per square foot. The project is targeted for November 2028.
Project Scope and Design
The site will consist of three apartment buildings housing a total of 222 senior living units. One building includes retail space and a clubhouse with 72 units. The other two buildings are identical structures, each containing 75 units. The site also includes four garage buildings and one maintenance building. Kayasa Holdings LLC is the owner and developer of record for this project.
Able City is the design firm of record. The company has six other TDLR-registered projects with a combined value of $17,917,341. These include Heritage Self Storage Units in San Antonio, the South Texas Food Bank in Laredo, and S. J. Davis Middle School in San Antonio. All of these other projects have completed their review process. Dominic Marinelli is the registered accessibility specialist for this specific development.
Timeline and Financials
The project was registered with TDLR in September 2026. Plan review is pending for this filing. Construction is scheduled to begin in March 2027 according to the official filing. The total scheduled build window is 611 days. This timeline is longer than the county median of 212 days for similar new construction projects in Collin County.
The estimated cost of $63,000,000 is above the county median of $800,000 for new construction filings. The cost per square foot of $255 is also above the county median of $120. This project involves public funds, public land, or is a Federally funded roadway project.
Collin County unemployment was 4.6 percent in July 2026, higher than a year earlier. The ZIP code 75071 has a population of about 69,396 people. The median household income in this area is $132,839. There are 23,861 housing units in this ZIP code. The median owner-occupied home value is $448,500. Housing in this area is predominantly owner-occupied according to U.S. Census ACS 2023 five-year estimates.
Project Registered
Project has been registered with TDLR and is in pre-construction phase
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Lake Forest Senior Living, LLC is a New Construction project located at 4656 W UNIVERSITY DR, Mckinney, TX 75071 in Mckinney, Texas. The project has an estimated value of $63.0M covering 247,383 sq ft. KAYASA HOLDINGS LLC is the property owner and Able City is the design firm of record. The project was registered with TDLR on September 15, 2026.
Frequently Asked Questions
What is the current status of the project?
The project was registered with TDLR in September 2026. Plan review is pending. Construction is scheduled to start in March 2027. Completion is targeted for November 2028.
Who is the developer and design firm?
Kayasa Holdings LLC is the owner and developer of record. Able City is the design firm of record. Dominic Marinelli is the registered accessibility specialist.
How many units and square feet are included?
The project includes 222 senior living units across three apartment buildings. The total square footage is 247,383 sq ft. There are also four garage buildings and one maintenance building.
Is the project open for residents?
No. The project is in the construction phase. Plan review is pending and construction has not started yet. Completion is targeted for November 2028.
What is the estimated cost of the project?
The estimated cost is $63,000,000. This equates to $255 per square foot. This is above the Collin County median for new construction projects.
What is Lake Forest Senior Living, LLC?
Lake Forest Senior Living, LLC is a new construction project at 4656 W UNIVERSITY DR in Mckinney, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Senior Living consists of 222 units. Total 3 apartment buildings. 1 apartment bldg has retail and clubhouse with 72 units. The other 2 bldgs are identical with 75 units each. Site has 4 garage bldgs and 1 maintenance bldg.
Is Lake Forest Senior Living, LLC open in Mckinney?
Lake Forest Senior Living, LLC is still under construction in Mckinney, TX, with an estimated completion of Nov 2028 according to its TDLR registration.
Where is Lake Forest Senior Living, LLC located?
Lake Forest Senior Living, LLC is located at 4656 W UNIVERSITY DR, Mckinney, TX, 75071, in Collin County.
Who is the owner or developer of Lake Forest Senior Living, LLC?
KAYASA HOLDINGS LLC is the property owner/developer of record for Lake Forest Senior Living, LLC, per its TDLR project registration.
Who is the architect or design firm for Lake Forest Senior Living, LLC?
Able City is the design firm of record for Lake Forest Senior Living, LLC, according to its TDLR filing.
How much does Lake Forest Senior Living, LLC cost and how big is it?
Lake Forest Senior Living, LLC has an estimated construction value of $63.0M and approximately 247,383 square feet (about $255/sqft), based on its TDLR filing.
Scope of Work
Senior Living consists of 222 units. Total 3 apartment buildings. 1 apartment bldg has retail and clubhouse with 72 units. The other 2 bldgs are identical with 75 units each. Site has 4 garage bldgs and 1 maintenance bldg.
Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.
Location & views
4656 W UNIVERSITY DR, Mckinney, TX, 75071
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