In the Pipeline: Senior Housing Construction Projects (2/20/14)

| February 20, 2014

Construction: Planned

Prestige Senior Living and Nevada Health System to Develop Memory Care 

Prestige Care, Inc., and Prestige Senior Living, LLC, are teaming with Carson Tahoe Health to develop a memory care community on the health system’s Specialty Medical Center campus in Carson City, Nevada.

As a first step in the relationship between these organizations, the group will develop 40 units for memory care services, utilizing Prestige’s memory care program, Expressions, along with Carson Tahoe’s clinical expertise.

Carson Tahoe Health encompasses three hospitals, two urgent care facilities and several medical support facilities. Its network offers 22 locations in Carson City, Douglas County, Reno, Dayton, South Lake Tahoe, Yerington and beyond.

The health system provides a continuum of care that includes wellness, diagnostics, treatment, surgery, after-care and support to northern Nevada and eastern California.

The partnership will also enable Presitge to expand its memory care program to Nevada residents while also expanding on its growing family of more than 80 senior care communities.

Construction is expected to begin in 2014, though a specific date was not disclosed.

Developers Close Land to Build $35 Million Assisted Living Community

Officials associated with Charlotte, North Carolina-based Wellmore have closed on land in Tega Cay, South Carolina that will be the site of a new $35 million retirement community.

The 152-unit community will offer assisted living, memory care, skilled nursing services and short-term rehab, as well as a community clubhouse, gourmet dining and a wellness center for resident use.

The Tega Cay property will span nearly 150,000-square-feet once it is completed. The clubhouse and wellness center will span 25,000-square-feet.

The project will be constructed by Stonecrest Development and additional partners include CNL Healthcare Properties, Red Capital Group and Maxwell Group.

Construction is slated to begin in February 2014 with a proposed opening of Summer 2015.

HJ Sims and Omega Communities to Build $24.5 Million Assisted Living in Florida

HJ Sims this week announced the closing of a $24.5 million Series 2014 bond issue to assist Omega Communities in constructing a new rental assisted living and memory care community in North Port, Florida.

The Springs of South Biscayne will be located on the campus of the South Biscayne Church, approximately 45 miles south of Sarasota, FL.

Once complete, the community will offer 95 assisted living apartments and 35 memory care unites.

Birmingham, Alabama-based Omega Communities will own the community.

While the South Biscayne Church does not have an equity position or ownership interest in the community, it will receive a percentage of the operating profits from the facility.

The church will also have the ability to serve and minister to the staff and residents of the community.

Partners involved with the development include LCS Family of Companies, Gilbane Building Company and Lawson Group Architects.

Groundbreaking Nears for $41 Million Luxury Senior Apartments

Spokane, Washington-based Rockwood Retirement Communities will break ground next month on a $41 million, 11-story tower addition to one of its existing campuses, reports The Spokesman-Review.

The 165,000-square-foot tower addition will include 65 luxury apartments for seniors on the company’s South Hill campus in Spokane.

Most of the tower’s units will range from 900-square-feet to 1,970-square-feet, the article reports. The top two floors will offer “penthouse” units ranging from 1,050-square-feet to 2,210-square-feet.

Locally-based Walker Construction will be in charge of the construction. Nonprofit organization Spokane United Methodist Homes operates Rockwood Retirement Communities.

The community expects to begin accepting residents in 2016.

Construction: In process

CSI Support & Development Starts Construction on Michigan Senior Co-Op

CSI Support & Development, a company that provides affordable housing communities for seniors, has started construction on its first non-profit apartment building in Pontiac, Michigan.

Colony Lane will be a three-story building offering 77 units in a residential neighborhood within walking distance to nearby retail establishments.

The community will feature a centralized laundry room, common area balconies, lounges, library, computer center, exercise room, gated parking and secured entry.

Applicants eligible to live at Colony Lane must meet income guidelines established by the Department of Housing and Urban Development, and one household member must be age 62 at the time of initial application.

CSI Support & Development is a non-profit organization that utilizes a cooperative management system, engaging its resident membership in decision making at every level of its operations.

Applicants on the waitlist will have the opportunity to vote on décor decisions within the apartments and common areas of the building, as well as vote on the building name while the building is being constructed.

The organization currently has 56 locations in Maryland, Massachusetts, Southern California and Michigan.

$35 Million Expansion Underway for Kansas Assisted Living Community

Wichita Presbyterian Manor is currently undergoing a $35 million expansion project that is on track for a Summer 2014 completion.

Presbyterian Manors of Mid-America (PMMA) is working on the first phase of construction, which includes the transformation of 48 modersn assisted living apartments, 24 assisted living memory care suites and 50 skilled nursing suites.

The first phase also includes a Post-Acute to Home (PATH) rehabilitation wing and new health care common spaces, including a main kitchen.

The transformation of Wichita Presbyterian Manor will provide memory care services for the first time, which will assist the community in adjusting to the changing needs of residents with Alzheimer’s or other forms of dementia.

Phase two will bring 90 independent living apartment homes and amenities, including multiple dining venues and an array of social, cultural, educational and spiritual programs and activities.

Phase two construction is expected to be complete in late Summer 2015.

U.S. Memory Care Breaks Ground on $15 Million Texas Facility

U.S. Memory Care, LLC, announced this week that it recently broke ground on a new memory care community just north of Austin, Texas.

The Cedar Park facility costs approximately $15 million and is a continuation of U.S. Memory Care’s anticipated rollout of 20 facilities in the southern United States over the next four years, totaling a $250 million expansion of memory care facilities in Texas, the company stated in a release.

The 75-bed Cedar Park is located on 4.77 acres at C-Bar Road and Highway 1431 and encompasses 60,000-square-feet.

Cedar Park is separated into three separate neighborhoods, each of which offering enclosed gardens, meal service and opportunities to participate in “stimulating activities” with other residents and their loved ones.

The three neighborhoods connect to what U.S. Memory Care refers to as “Main Street,” a specifically designed town center where residents can visit the community’s Beehive Beauty Salon, Paula’s Sweet Shoppe, theater, music room, as well as other hobbies and more.

U.S. Memory Care selected America Development, a Dallas-based developer of healthcare facilities, to partner with them in the Cedar Park project.

Over the past 14 years, America Development has developed more than 750,000-square-feet of mixed-use, senior living communities, medical office buildings, rehabilitation hospitals, and other projects for ambulatory surgery centers and imaging centers.

Bedford, Texas-based Galier:Tolson:French handled architecture, while the construction contract was awarded to Irving-based Ridgemont Commercial Construction, Inc.

Cedar Park’s expected completion date is late 2014.

Construction: Completed

True North Group Welcomes Residents to Indiana Memory Care Community

North Woods Village at Edison Lakes, the first stand-alone memory care facility in Mishawaka, Indiana, has completed construction and began welcoming its first residents last week.

Having begun construction in April 2013, development followed a blueprint of creating individual neighborhoods within the building.

Each neighborhood, part of the community’s “New Directions” memory care program, provides those living with dementia an individualized environment that allows for more focused care and treatment.

Holladay Construction Group built the state-of-the-art facility.

Written by Jason Oliva


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Category: Affordable Housing, Architecture, Assisted Living, Development, Independent Living, Senior Housing, Senior Living, Skilled Nursing

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