In the Pipeline: Senior Housing Construction Projects (6/27/2012)

Construction: Planned

Developer to Turn Former Michigan School Into Senior Housing Facility

A developer is planning on buying a former elementary school in Grand Rapids, Michigan for $510,000 and turning it into an assisted living facility, reports MLive.com. Officials from the city of Grand Rapids signed off on the property getting rezoned for conversion; plans include around 50 living units, a dining hall, a recreation area, and offices.

G.A. Haan Development is the developer, and expects to close on the property by early July. The building is located on 7.5 acres and is currently 36,686 square feet, but the developer plans to add approximately 7,700-square-feet. To do the expansion, however, the Haan would have to get permission again from the city.

North Dakota Nursing Home to Build New $25 Million Facility

Baptist Home, a nursing home in northeast Bismark, North Dakota, is planning to build a new $25 million facility, reports Aberdeen News. Construction will begin soon on the 140-bed skilled nursing center, and residents will be able to move in by fall of 2013. The building will have 108 single rooms and 16 shared rooms, along with a 24-bed short-term rehabilitative care unit. The existing nursing home has been operating since 1948.

Nuns to Invest $16 Million in Mo. Senior Living Community Overhaul

Nazareth Living Center is planning a $16 million expansions project to add an independent living facility to its senior living community in the St. Louis, Mo. area, reports the local Business Journal. They are also planning to build a new dementia care facility, and replace its existing 150-unit assisted living building with a new structure.

To help finance the project, the nonprofit provider is issuing $8.2 million in bonds through St. Louis County’s Industrial Development Authority. Read more.

Construction: In the Process

The LaSalle Group Breaks Ground on Georgia Memory Care Community

Assisted living and memory care community developer The LaSalle Group celebrated groundbreaking yesterday for Autumn Leaves of Sugarloaf, located in Suwanee, Ga.

The LaSalle Group designs, develops, and constructs multiple memory care communities in a few market areas under the “Autumn Leaves” brand, which are operated by affiliate company Constant Family Management.

Each community is about 26,000 square feet and is staffed by trained and certified staff members who specialize in memory care needs.

Autumn Leaves of Sugarloaf is expected to open in early 2013.

Construction Begins for KTGY-Designed, $15 Million Affordable Senior Housing Complex in California

Construction recently began on a KTGY Group-designed affordable senior housing complex in Santa Clara, Calif. El Camino Real Senior Apartments is a development by ROEM Corporation in collaboration with Pacific Housing, Inc. and the City of Santa Clara.

“Providing affordable housing for our community is a very important City Council priority, and we are happy to see this high quality project move forward,” said Santa Clara Mayor Jamie L. Matthews during the groundbreaking ceremony. “This project is an excellent example of what the private and public sectors can accomplish by working together to meet affordable housing needs. The City’s Housing Authority is proud to partner with ROEM and others to create these new senior apartments–housing that will be safe, affordable, have easy access to public transportation and shopping, and meet senior needs.”

The low-income senior housing project is scheduled to open in the summer of 2013, and will offer 48 one-bedroom apartments that are affordable to seniors with annual incomes at or below 60% of the county’s median income.

“We are very pleased to be implementing our award-winning affordable housing model in and with the City of Santa Clara,” said Jonathan Emami, Vice President of ROEM Corporation. “Through a collaborative process the City of Santa Clara has shown once again that developing affordable housing through public-private partnerships greatly benefits the residents and the community, who in turn will have a sustainable, high quality and affordable place to call home.”

The $15 million development was designed by KTGY Group, Inc. It will be a three-story, “C”-shaped building wrapped around an enclosed landscaped courtyard that will act as an outdoor extension of the community room, with pedestrian access to parking and entry spaces. The project’s architectural style will feature a mission-style, uniform color scheme with contrasting materials and details, with accent color found in its architectural features.

Amenities in the complex will include a community room, a computer room, a laundry facility, a courtyard with a barbecue, and community gardens. The development will be constructed using sustainable building methods, and will incorporate a number of ‘green’ features for better long-term energy efficiency and sustainability.

El Camino Real Senior Apartments is financed with 4% Low-Income Housing Tax Credits and tax-exempt bond financing through the Freddie Mac Credit Enhancement Program. ROEM and Pacific Housing, Inc. have partnered with the Citi Community Capital, AEGON USA Realty Advisors, and the City of Santa Clara for financial support on the project, for which the city invested $7 million.

Continuing Life Communities Breaks Ground on Calif. CCRC

Continuing Life Communities recently broke ground for the first phase of construction for Stoneridge Creek, a continuing care retirement community in Pleasanton, Calif. The community is located on 46 acres, and the first phase will include independent living units, the community clubhouse, and recreational buildings.

The community will offer more than 20 different floor plans, including single-story villas with attached garages and apartment-style homes. On-site amenities will include several restaurant venues ranging from casual to fine dining; a resident library; billiard and card rooms; a computer lab and business center; a spa and fitness center; an open-air pool and steam room; a performing arts theatre for musical and theatrical performances; a movie theatre; and an art studio and woodworking shop. Outdoor amenities include tennis courts, a short-game golf course; a dog park; walking and cycling trails; and bocce and croquet courts.

There will also be an adjacent health center at Stoneridge Creek with 68 assisted living apartments and a memory support area, along with 73 skilled nursing beds. The health center will be staffed 24/7 by nursing professionals and is licensed by the state’s Department of Health Services and Department of Social Services. It will be open to the public, along with Stoneridge Creek residents.

Stoneridge Creek is already more than 60% reserved, and CLC expects to complete construction during the second half of 2013.

Construction: Completed

Greystone Healthcare Management Opens Care Center at Fla. Retirement Community

Greystone Healthcare Management recently opened The Club Health and Rehabilitation Center in The Villages, Fla., to provide rehabilitation services in a resort-style atmosphere to the community’s 75,000 residents.

The 51,000-square-foot structure has 60 beds, all in private suites.

“The Club is all about rapid recovery and rehabilitation, getting the patient well and back home to a quality, active lifestyle,” states Connie Bessler, CEO of Greystone Healthcare Management. “By using many “Culture Change” initiatives, The Club will provide our patients a unique concierge healthcare experience in an exclusive setting with resort-like common and dining areas, spacious and artfully appointed private suites, state of the art rehabilitation gyms, a Wi-Fi café and lush courtyards with water features.”