Press Release Correction for Spectrum Retirement's "Luxury Senior Living Coming to Lake Travis" Release

    AUSTIN, TX, November 12, 2015 /24-7PressRelease/ -- Construction is underway on Lake Travis Independent Living, an Independent Living community designed to offer Austin's growing senior population luxury at an affordable price, including flexible month-to-month leasing programs.

Slated to open in early 2017, Lake Travis Independent Living is a project of Spectrum Retirement Communities, a Denver-based company ranked in the top five senior living companies for excellence by its peers. The 150,000-square-foot community is located on nearly six acres in Lakeway Regional Medical Center complex, directly north of Lake Travis High School.

"The Austin-Round Rock area has the nation's fastest-growing pre-senior population," said Jeff Kraus, managing director of Spectrum Retirement Communities. "This is Spectrum's first senior community in Texas and we believe seniors moving into retirement will appreciate our offerings, which cater to an active lifestyle and include a flexible leasing program, high-class amenities at an affordable price, and convenient access to the reason residents choose Austin - its beautiful outdoor spaces."

The three-story community will offer 140 well-appointed residences, ranging in size from studio apartments to two-bedroom units. Residents can take advantage of tranquil grounds and walking trails surrounding the community, as well as Spectrum's top-flight amenities - including chef-prepared dining, Colors of Spectrum wellness programs and entertainment activities run by the community's Director of Fun.

Lake Travis Independent Living is Spectrum's first community in Texas. The highly regarded company develops, owns and operates senior living communities throughout the U.S.

About Spectrum Retirement Communities
Denver-based Spectrum Retirement Communities, LLC, is considered a leader and innovator in senior living. Ranked in the top five senior living companies for excellence by its peers, the privately held company owns and operates 30 senior living communities in 12 states from New York to Oregon. Spectrum currently employs a staff of more than 2,000 and oversees more than 3,500 apartments. Celebrating its second decade of operations, the rapidly growing company has seven communities under construction and will manage 4,372 senior apartment homes in 2016. For more information, visit www.spectrumretirement.com.

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