In the Pipeline: Senior Housing Construction Projects (5/2/12)

The LaSalle Group to Develop $10 Million Memory Care Community in Georgia

Assisted living developer The LaSalle Group announced plans recently to develop its first memory care community in the Northeast region of Atlanta, Ga.

The nearly $10 million project will be under The LaSalle Group’s Autumn Leaves brand, which is managed, designed, and operated by Constant Care Family Management.

The development group has partnerships with Frost Bank and Silverado Interests to get the project underway. The Sugarloaf Autumn Leaves community will be about 26,000 square feet and will break ground in the next few weeks; it is expected to open in early 2013.

The Hankin Group to Open Affordable Senior Housing Facility in Chester County, Pa.

Real estate developer The Hankin Group will open a new affordable senior housing unit, the Bernard Hankin Senior Housing Facility, in Exton, Pennsylvania, on May 16, 2012. The building is currently in the process of obtaining LEED certification and will join its sister structure, the Potter Building, which was built in 1997. Both buildings are named after the founder of the Hankin Group, Bernard Hankin, and his wife, Henrietta Potter Hankin.

The Bernard Hankin Senior Housing Facility will feature a geothermal heating system of 42 500-foot wells, and a 47.8 kilowatt solar photovoltaic system—184 260-watt, roof-mounted solar panels. These features will provide electric that will offset the building’s common area utility costs.

The 50,857-square-foot building will have 50 apartments; each individual living area will have 635 square feet and will have one bedroom, a full kitchen, and full-sized appliances. The three-floor structure will have a community living area on each floor, which will feature a community lounge/reading room, a media screening room, and a craft room.

Warmer Winter Weather Puts $10 Million Omaha Senior Housing Project Ahead of Schedule

Community Development Inc., based in Idaho, is ahead of schedule in its $10 million development of a 60-unit independent living community in Bellevue, Neb., reports Omaha.com.

Walnut Creek Senior Apartments, located along Chandler Road west of 22nd Street, is about four weeks ahead of schedule, thanks to a warm winter, the developer’s senior vice president of finance said.

The 55+ complex will have 29 one-bedroom units and 31 two-bedroom units available, and the first residents are expected to move in before the end of July.

Innovative Senior Living to Open $7.5 Million Assisted Living Community

Innovative Senior Living recently broke ground on the construction of a $7.5 million assisted living community located at 844 N. Whispering Rabbit in Tucson, Ariz., reports Inside Tucson Business.

This is the second senior living project for the Tucson-based company, which develops assisted living and memory care communities. The development will feature a nine-home complex, called The Villas at Houghton, that will have capacity for 90 residents.

The first three units are expected to be completed in October.

Lifespace Communities to Begin $6 Million Renovation Project at Abbey Delray South

Abbey Delray South, a senior living community in Delray Beach, Fla., that’s owned and operated by Lifespace Communities, Inc., will soon undergo a $6 million renovation project, scheduled to begin in May.

The project includes a new gatehouse at the community’s entrance; exterior enhancements; an expanded 5,000-square-foot kitchen, and the creation of three distinct dining venues.  All of these are expected to be a “significant neighborhood investment,” with the residents most excited about the dining enhancements. The community will be introducing a bistro and a pub in addition to the main formal dining room.

The interior and exterior renovations are expected to be finished within a year, and the community will remain fully functional throughout.

Camphill Opens $22 Million Continuous Care Senior Living Community in New York

A new, $22 million senior living community offering a continuum of care recently opened in Columbia County, New York. Camphill Ghent is part of a larger Camphill movement, including the Camphill Copake village and a nationwide network of communities for adults with developmental disabilities.

There are 100 Camphill facilities worldwide, and Camphill Ghent is the first dedicated to the senior population. The community is geared toward independent living, but can also accommodate those who need some help with activities of daily living, ranging from housekeeping and cooking to maintenance and driving services. The community is also licensed to care for ambulatory adults who need more support, including 24-hour access to assistance and care.

Camphill Ghent has 31 independent living units, with studios, one-, two-, and three-bedroom apartments and townhouses. Rental fees start at $1,100 (including utilities), but 20% of the apartments are available to low-income seniors, with rents starting at $345.

There’s also an “Adult Home” with 29 beds for ambulatory adults who need help with activities of daily living. Residents are given three meals a day and 24-hour access to help on an as-needed basis; up to 18 residents can be funded by Medicaid.

The community features 21 co-housing apartments in three buildings that share common areas for social activities, and all Camphill Ghent residents can go to family-style dinners in the community dining room located in the Adult Home.

Camphill Village received $9.6 million in grants from the New York state Healthcare Efficiency and Affordability Law (HEAL) along with additional funding from First Niagara BAnk through tax exempt financing for $5.1 million through Columbia County Capital Resource Corp., and a $6 million loan from Camphill Village Copake Foundation, which also donated the land.