Texas Developers Plan Fort Worth Senior Living Community
Dallas-based HealthCap Partners LLC and Fort Worth-based Hillwood Properties plan to develop a senior living community in Alliance Town Center in Fort Worth, Dallas Business Journal reports.
The initial phase of construction would consist of 60-units of the senior living community, 40 of which would be assisted living units and 20 memory care units.
Developing a senior living community in Alliance Town Center will expand on the area’s other health care offerings, including a soon-to-be developed $71 million HCA North Texas hospital.
A future phase of the project could see an additional 20 units added to the community.
Market Study Leads to $9 Million Proposed Senior Living Project
To meet a growing demand for senior living, a local architect has paired with a nonprofit to propose a $9 million senior housing community in Cottage Grove, Minnesota, reports the South Washington County Bulletin.
The proposal of the tentatively named Summerhill Crossing was the result of a recent market study, which found a lack of senior care services in the Cottage Grove area.
Mike Rygh, a Cottage Grove native and founder of Custom One Homes, paired with national senior housing and long-term care services provider Ecumen to provide an open house to discuss the project.
The community will feature 66-units for independent, assisted living and memory care. The breakdown consists of 54 units dedicated to independent and assisted living, with 12 units reserved for a memory care wing.
Plans for the proposed community will go before the Cottage Grove City Planning Commission on Monday, May 20. If approved, the project would go to the Washington County Planning Commission and then the Cottage Grove City Council for final approve.
Maplewood Senior Living Plans Assisted Living Project in Bethel, Conn.
Maplewood Senior Living, LLC plans to develop a new 84-unit assisted living community in Bethel, Connecticut, according to a report from Westfair Communications.
The project has been dubbed Maplewood at Stony Hill and will be designed by Perkins Eastman, a Stamford architecture firm.
The assisted living community will place a special emphasis on residents with memory loss, according to Maplewood, and will also house a family and community Alzheimer’s and Dementia Education and Learning Center, which will be staffed by in-house experts, physicians and support professionals.
“We’re thrilled to be building in Bethel and appreciate the town’s assistance in making this project a reality,” said Gregory D. Smith, Maplewood chairman and CEO. “We’re excited about adding new jobs to the local economy, as well as providing much needed programs and services to the area’s seniors and their families.”
Construction is expected to begin this summer and completion is slated for late summer of 2014.
Developer Plans Chicagoland Assisted Living Community
Village trustees in Grayslake, Ill. prepare to welcome a new 84-unit assisted living community to the Chicago suburb, the Chicago Sun-Times reports.
Journey Senior Living at Grayslake is the name of the property presented to committee members last week by real estate developer Bill Hardy.
The 79,000-square-foot, L-shaped building will have three stories and be located near the southeast corner of routes 45 and 120.
The community will consist of a mix of six studio and one-bedroom units on the first and second floors, while the third plays home to a memory care area.
Journey Senior Living will be staffed 24/7 by 22 specialists, according to Hardy.
Hardy is applying for a special-use permit, which will be presented at the committee’s May 21 meeting. The Zoning Board of Appeals has already approved the request.
Mainstreet Proposes “Next Generation” Senior Community
The Plan Commission of Merrillville, Ind. responded with positive reviews to a proposed “next generation” skilled nursing facility and assisted living community, the Chicago Sun-Times reports.
The proposed community would feature a theater, office/business center, sit-down restaurant and bistro, according to site development manager Michael Klingl, of Arlington Heights-based Greenberg Farrow.
Mainstreet Property Group LLC wants to build a 65,000-square-foot single-story building on about 11.3 acres on 93rd Avenue, east of Broadway.
The community would be 75% skilled nursing and 25% assisted living, according to Klingl, with 100 units that will resemble hotel rooms.
Mainstreet Property will come back before the Plan Commission next month with a preliminary plan.
Flintridge Partners Plans Resort-Style Senior Living Community
Flintridge Crestavilla Investors, LLC has closed escrow on an 11.5-acre site for development of a new resort-style senior living community.
The community, Crestavilla, will be located on Niguel Road just south of Crown Valley Parkway in Laguna Niguel, California.
Completion of land purchase comes just six weeks after a unanimous vote of the Laguna Niguel City Council approving the project.
Crestavilla will be the first senior living community in the city to present residents with continuing levels of care, including independent living, assisted living, and memory care.
Residents will have the choice of living in one- or two-bedroom units, with floor plans ranging in size up to 1,190-square-feet.
The resort-style community will also feature Spanish architecture, restaurants, a health spa and salon, theaters and a chapel. In all, the community will provide more than 80,000-square-feet of indoor amenities.
The park-like grounds at Crestavilla will include more than seven acres of contemporary landscaping, swimming pools, fountains, and walking and hiking trails.
Flintridge Partners’ development plans include energy-saving features including rooftop solar panels, water-saving landscaping, as well as indoor heating and cooling technology. The project is designed to be LEED Gold certifiable.
“We’re looking forward to starting construction this fall,” said Marlon Fenton, project director and development partner at Flintridge.
Flintridge Partners anticipates the 224-unit community will open in 2015.
$35 Million Senior Housing Project Planned in Joplin, Mo.
Developers proposed a $35 million senior living project on Monday to the Joplin City Council of Missouri, reports The Joplin Globe.
The proposal by Wallace-Bajjali Development Partners in cooperation with O’Reilly Development Co. of Springfield is termed for about 150 units of senior transitional housing.
Included in the project would be a 50-unit complex for independent living, a 40-unit complex for assisted living and another complex consisting of 24 memory care units.
The three buildings would be constructed on the southwest corner of 26th Street and McClelland Boulevard.
A nearby tract south of the Joplin Elks Lodge would house 40, two-bedroom patio homes for seniors who still want to own a house, but without the maintenance, according to Wallace-Bajjali Development CEO David Wallace.
Wallace-Bajjali and O’Reilly contracted to oversee tornado redevelopment projects in Joplin, together forming SWJOMO Seniors LLC.
The two tracts of land for the project will be purchased by SWJOMO Seniors at a combined cost of more than $4.3 million by no later than April 2014.
Financing for the project would come from nearly $25 million in private equity and debt, and the partnership would seek approval from the city for $4.5 million in federal grant funds, plus $6 million from the Joplin Tac Increment Financing District, says Wallace.
Frank-Collins Group Plans Multi-Million Retirement Community
A new multi-million-dollar retirement community is coming to Wood County in West Virginia, News and Sentinel reports.
Lakeside Landing retirement community was announced during a gathering Tuesday at Grand Pointe Conference Center in Vienna.
Frank-Collins Group planned the development, which will sit on land off Interstate 77 at Staunton Avenue.
The site is tucked away, but still easily accessible and also has access to local shopping, hospitals as well as other points of interest to retirees.
Lakeside Landing hopes to keep even the most active retirees engaged while also providing a continuum of care for residents that ranges from independent living to nursing care in one community, developers said.
Units will feature independent living with the ability to adjust things as care needs change, including incorporating the need for caregivers so residents would not have to be uprooted and transferred to other care facilities.
Mainstreet Plans $14 Million Conversion of Hospital to Senior Housing
Carmel, Indiana-based developer Mainstreet is planning to convert an 8-acre site of a former hospital into senior housing, local news WLFI-18 reports.
Home Hospital on South Street in Lafayette will be turned into a 100-bed, $14 million investment, featuring amenities such as a cafe, salon, movie theater and outdoor trails.
The new development will be designed with a focus on hospitality to get people out of their rooms, unlike the typical medical design, according to Director of Development Doug Pedersen.
The building will contain 70 beds for skilled nursing care and 30 beds for assisted living residents.
Vacant since February 2010, Home Hospital is still undergoing demolition. Pedersen hopes to take the designs for the planned project to the Area Plan Commission in July.
If all goes according to plan, Mainstreet would begin construction in October and have the community open by the summer of 2014.
Borough Chooses Developer for School-to-Senior Housing Conversion
The borough of Carlstadt, New Jersey has chosen a developer to transform Lincoln School into senior housing, according to a report from North Jersey.com.
Carlstadt’s Senior Housing committee recommended Ralph Salermo, of MAR Acquisition Group based in Elizabeth, to be the project’s developer.
The committee’s decision was based on Salermo’s experience in doing other projects similar in scope and size to the one Carlstadt is undertaking, including five or six senior housing projects utilizing grant funding already under his belt, according to Mayor William Roseman.
The senior housing plan should have no more than 30 units and remain on the existing footprint of Lincoln School on Sixth Street, according to the committee. Each unit will have its own heating and air conditioning, and the building would accommodate two elevators.
While the building would be age restricted, the proposed plan did not specify a certain age requirement. City ordinance, however, states that housing constructed as “age-restricted” must have at least one resident of any unit be 62 years old or over.
Also within the ordinance, only affordable housing is permitted within the zone. Once the contract with the developer is finalized, the process of obtaining an architect would begin, according to Mayor Roseman.
Construction: In the Process
US Memory Care Breaks Ground on Two Texas Communities
US Memory Care, a Dallas-based owner and operator of dedicated freestanding memory care communities, recently broke ground on two more projects in Plano and Houston Texas.
Development costs for the two communities, each 57,000 square feet with 75 memory care beds, will be approximately $28 million, according to US Memory Care vice president Steve Belli.
Both locations will feature a “Main Street” themed common area that will include a beauty salon and barber shop, movie theater, private dining area, relaxation room, music hall, and sweet shop.
“We are extremely pleased with the positive response from the community and families who have visited our recently opened Colleyville facility and we will aggressively continue to identify markets throughout Texas and elsewhere where we feel our unique approach to this overwhelming healthcare issue is in need,” said Paula Jones, President of US Memory Care, in a statement.
Dallas-based America Development & Investments Ltd. is the developer. Construction is expected to be completed on both facilities in the first quarter of 2014.
Vista Prairies Communities Breaks Ground on $3.5 Million Senior Living Center
Vista Prairies Communities broke ground last week on a $3.5 million expansion at Fieldcrest Assisted Living Center in Sheldon, Iowa, local KTIV reports.
The expansion will add 25 new units to the senior community, including 13 for assisted living and 12 for memory care.
In addition to the Fieldcrest expansion, the CIty of Sheldon plans to extend the street as well as update the water and sewer infrastructure to the facility.
Construction on the new addition is expected to be completed by the end of the year.
Fresno Housing Authority Begins $6 Million Senior Housing Complex
California’s Fresno Housing Authority has broken ground on a $6 million senior housing development, Fresno Bee reports.
Construction has begun on Bridges at Florence, a 33-unit apartment rental complex at 649 E. Florence Ave. near Edison High School.
Seniors with annual incomes between $12,050 and $24,120 are eligible to live in the complex, according to the Housing Authority.
EMS Completes $12 Million Addition
Minneapolis-based Ebenezer Management Services (EMS) will open its new $12 million addition later this month on its Arbors at Ridges assisted living community in Burnsville, Minn.
The new three-story development expands Arbors at Ridges current assisted living offerings and features 62 assisted living units, including a guest apartment and six Care Suites designed for post-operative and therapy residents.
The addition also allows the Ebenezer Ridges community to add memory care services, which will complete the care continuum for Ebenezer Ridges residents.
Constructed and owned by Kraus-Anderson, the development will be an addition to the existing Ebenezer Ridges campus that currently offers skilled nursing transitional care, adult day care and child care.
The company has set a opening date for the new addition on May 21, 2013, with a grand opening celebration scheduled for Saturday, June 8.
Michigan Care Community Completes $4.6 Million Expansion
C.C. Hodgson Architectural Group recently aided in a $4.6 million expansion to Resthaven Care Community in Holland, Mich.
The 26,200-square-feet expansion includes a 16-room rehab cottage, gym and chapel and wellness center.
C.C. Hodgson Architectural Group, a Planetree certified architectural firm specializing in senior living, worked closely with the Resthaven team to design the facility.
The $4.6 million expansion involved two consecutive phases, first the rehab gym and chapel/life center, followed by the new rehab cottages.
CCH also designed Resthaven’s Good Shepherd Home, a memory care addition reflecting a household design.
“Environment is a critical component to healing,” said C.C. Hodgson President Cornelia Hodgson. “We strongly believe that design matters because we’ve seen the profound impact environments have on a person’s behavior.”
The Resthaven Rehab Cottage is designed for the needs of short-term patients (30 days or less) recovering from illness, injury or surgery.
Each of the guest rooms have an overhead electric lift system to move patients who cannot walk from their bed to the bathroom. Additional amenities include flat-screen TVs, wireless Internet, heated floors and individual thermostat control.
The new rehabilitation center will link directly to the new rehab gym and will provide indoor connections to the chapel life center.
Engel Burman Group Opens New Luxury Assisted Living Complex
The Bristal at White Plains celebrated its grand opening last week in the Baltimore area, reports Commercial Property Executive.
The assisted living community was developed by a joint venture between the Engel Burman Group and Caiola Partners and is located on the site of the former St. Agnes Hospital.
Shuttered in 2004, the abandoned hospital was acquired for $6 million from North Street Communities by Engel Burman, a Garden City-based company that owns and operates several Bristal assisted living communities on Long Island.
The Bristal at White Plains began admitting residents over the age of 65 in November 2012 and is currently at 40% occupancy.
The $30 million community features luxury hotel-like amenities such as daily housekeeping and laundry services, a 40-seat cinema, arts and crafts study, library, spa, private dining room, business center and heated outdoor pool.
The four-story building can accommodate 148 residents in 136 rental apartments with rents ranging from $4,000 to $8,000 per month. The building also includes 32 units dedicated for memory care.
Written by Jason Oliva
Latest Senior Housing News Research