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Village at Southlake to get $3.7 million renovation

Staff Report
Published Dec. 11, 2012

The four-year-old Village at Southlake senior community in Lexington will get an upgrade to a resort and spa by a partnership investing $3.7 million into the 13-acre property.

Southlake currently comprises 124 rental residences including garden cottages and patio homes.

“We are setting a new standard in retirement living in the southeastern United States. We believe this transformation will offer an elegant but affordable luxury residential community,” said Noah Drever, managing director of Drever Capital Management of Tiburon, Calif., a co-owner and partner with Columbia-based Southlake Village LLC, which built the property in 2008.

Drever Capital Management has been engaged in luxury apartment renovation for 40 years, the company said.

The improvements will include recreation and spa amenities, a barbecue center, a redesigned clubhouse, movie theater, fully equipped indoor-outdoor entertaining kitchens, wine bar and technology center.

The renovated clubhouse will accommodate audiences for live community theater, exhibits, parties and musical performances. There will be walking paths, seating areas and horticultural educational activities, the company said.