In the Pipeline: Senior Housing Construction Projects (2/15/2012)

Alexian Brothers to Build $22 Million Nursing Home in Tennessee

Catholic senior ministries organization Alexian Brothers plan to begin construction later this year on a $22 million senior living facility in Signal Mountain, Tenn. The new construction, which the organization hopes to finish by January 2014, will replace a nearly 30-year-old, 114-bed building with a more than 100,000-square-foot nursing home that’s almost twice as large as the original.

The new building will provide in-demand private rooms and will modernize the facility to current standards. The current building is 88% occupied, but the Alexian Brothers expect occupancy to rise once the new facility is completed. The organization must first obtain a Certificate of Need from the Tennessee Health Services and Development Agency before beginning construction.


$6.3 Million Grant Helps Fund Construction of Low-Income Independent Living Facility

The Fay Biccard Glick Neighborhood Center is benefiting from the U.S. Department of Housing and Urban Development’s recent allocation of $31.5 million in funding for Section 202 Supportive Housing for the Elderly.

The local center received a $6.3 million grant that will be used to construct a three-story, independent living facility with 50 one-bedroom units for low-income seniors in a development that will include accessible units for both the physically disabled and the hearing and vision impaired.


Evergreen Cottages to Begin Construction on Texas Assisted Living/Memory Care Community

Evergreen Cottages, LP will soon break ground on an assisted living and memory care community in Katy, Texas. The community is being developed by a team of professionals who have experience in healthcare management and hospitality, and is expected to reach completion in July.

Liberty Senior Living Planning Senior Apartment Complex in North Carolina

Liberty Senior Living is creating a development proposal for Carolina Bay, a 120-unit retirement living apartment complex in Wilmington, N.C. It will have 46 assisted-living apartments and 30 skilled nursing beds on campus next to independent living apartments, and will be a “full-service” retirement community. The independent living apartments will range from 700-, 800-, and 900-square-foot one-bedroom units, to 1,200- to 1,300-square-foot two-bedrooms. Carolina Bay will be a primarily rental community with “support systems” and a limited number of condos. The development will include a fitness center, an “all-purpose” room, a traditional formal dining room, a pub, and a buffet-style bistro.

Senior Living Communities to Construct $30 Million S.C. Assisted Living Community

Senior Living Communities announced its intentions to build a $30 million assisted living community in Tega Cay, South Carolina, on Feb. 13. Construction on Wellmore is expected to begin in July 2012 and be completed by January 2014. Plans are for a 130,000-square-foot community that will offer assisted living apartments, memory care and skilled nursing services, and a 25,000-square-foot community clubhouse and wellness center for residents. Healthcare buildings will be organized into “neighborhoods,” and residents will dine together and have the same caregivers on a daily basis.