Buckner International To Build $108 Million Dallas CCRC

| April 9, 2014

Buckner International, a global developer of housing including senior living communities, announced it has plans for its next faith-based senior housing development: Ventana by Buckner in North Dallas.

The CCRC is projected to cost roughly $108 million and is expected to be developed over the next four years, targeting completion in 2018.

Buckner International plans to finance the development through tax-exempt bonds and pre-sales for the 313 apartments that will be developed among the community’s two 12-story towers.

“For more than 135 years, Buckner International has been dedicated to transforming lives and building strong families,” said Albert Reyes, president and CEO of Buckner International in a press release. “Through Buckner Retirement Services,we’re able to enrich the lives of senior adults and their families while they maintain independence and dignity.”

The community, designed by D2 Architecture of Dallas, will encompass 182 independent living residences, 36 assisted living apartments, 24 memory care apartments, 48 skilled nursing apartments and 24 short-term rehabilitation apartments.

Amenities under the plan include three dining areas; a wellness center with fitness room, weights and cardio machines, pool, aerobics room, chapel, movie theater, roof terraces and gardens, business center, library, day spa, 24-hour security and indoor parking.

The twin towers will comprise 450,000 square feet on nearly three acres of land in Dallas’ North Park neighborhood.

Written by Elizabeth Ecker


Companies:

Category: CCRCs, Development, Senior Housing, Senior Living

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