In the Pipeline: Senior Housing Construction Projects (10/31/2012)

Construction: Planned SRP Medical, Frontier Management to Build McKinney, Tex. Community SRP Medical and Frontier Management are planning an 80,000-square-foot McKinney, Tex. senior living community. The new development will offer 75 assisted living and 32 memory care units in studio, one-bedroom, and two-bedroom apartments. Amenities will include a theater room, dining and activity areas, and […]

As Development Costs Rise, Some Turn to ‘Constructability’ Counselors

Rather than risk going over-budget and endangering the future success of a planned senior living community, some companies are turning to “constructability” counselors to help ensure their plans for a project can be carried out as envisioned—and as budgeted. Senior living development projects are costing more to begin with and have increased 35%, on average, […]