$12M SENIORS HOUSING FACILITY TO BE BUILT IN AUSTIN

AUSTIN — Irvine, Calif.-based Silverado Senior Living has teamed with Dallas-based Meridian Realty Advisors to develop the 45,000-square-foot Silverado Senior Living-Onion Creek, a memory care facility to be located on 5 acres at 1700 Onion Creek Pkwy. in Austin. The $12 million facility will be Silverado's eighth memory care facility in Texas. The new property is slated for a late 2012 completion.