In the Pipeline: Senior Housing Construction Projects (6/6/2012)

Construction: Completed

Atria Adds Memory Care Apartments to Rhode Island Senior Living Community

Atria Senior Living recently opened a memory care “neighborhood” at its Atria Bay Spring Village assisted living community, located in West Barrington, R.I., reports the local Patch.com. The growing dementia population led the senior living company to add new memory care development. 

“With an aging population and Alzheimer’s disease on the rise, memory care is a growing need in Rhode Island and across the nation,” said Todd Smith, executive director at Atria Bay Spring Village. “The additional Life Guidance apartments will provide older people living with memory impairments an opportunity to live in a comfortable setting designed with dignity and safety in mind. This expansion helps us provide the highest quality of life possible for older people in the most comfortable surroundings.”

Atria Bay Spring Village now has 25 Life Guidance apartments. The new “neighborhood” features a living room, dining room, library, and a secured outdoor courtyard, along with apartments that have gotten upgraded carpeting and paint, and new bathroom fixtures, cabinets, and surfaces. 

Epoch Senior Living & National Development Open New Massachusetts Senior Living Community

A joint venture between Waltham, Mass.-based Epoch Senior Living and Newton, Mass.-based National Development has resulted in the opening of Waterstone at Wellesley, a senior living community located in Wellesley, Mass.

The project was built on the site of a vacant Grossman’s Bargain Outlet that had been empty for nearly 20 years; it was demolished in 2010 in preparation for the Waterstone campus.

Waterstone at Wellesley is a 207,742-square-foot development with 134 apartments, a fitness center, pool, theater, restaurant-style dining, designer kitchens, a putting green, a riverfront walking trail, and an underground parking garage.

Elkus Manfredi Architects was the project architect, and Wellesley Design Consultants provided interior design services. Cranschaw Construction served as the general contractor. 

Friendship Senior Options Opens Illinois Life Care Community

GreenFields of Geneva, sponsored by nonprofit organization Friendship Senior Options, recently celebrated its grand opening ceremony. Located at 0N801 Friendship Way in Geneva, Ill., the Life Care community has 147 independent living apartments with amenities that include restaurant-style dining, a fitness center, access to walking trails, a creative arts studio, a club room, and underground parking. Residents also have priority access to 51 on-site assisted living apartments, 26 memory support apartments, and 43 private skilled nursing suites. 

Lutheran Homes Completes $4 Million Expansion of Ohio Senior Care Facility

Lutheran Homes Society recently completed a $4 million expansion on The Labuhn Center, a short-term skilled nursing and rehabilitation facility located on the Lutheran Home at Toledo campus in Ohio. 

The project added 27 private rooms with attached baths to the existing senior care campus, along with a therapy gym, a transitional room for patients preparing to return home, a dining room with a cafe, and Wi-Fi access in every room. 

The Labuhn Center is separated from the campus’s existing, traditional long-term nursing facility. It has received its certificate of occupancy and will open upon receiving clearance from the state of Ohio.

Upon opening, which is expected by the end of June or early July, Lutheran Home at Toledo will begin renovating its existing nursing and rehabilitation unit. 

Construction: In the Process

Chicago CCRC to Re-Open in July After $145 Million Construction Project

The Admiral at the Lake, a nonprofit continuing care retirement community located on Chicago’s North Side, will re-open its doors to residents in Mid-July. The community has been constructed on the site the former building and houses 200 independent living apartments along with assisted living and memory care units, and skilled nursing care beds. 

A new 31-story high-rise building features garden and rooftop terraces, restaurant-style dining, a creative arts studio, a club room, a theater, and a fitness center with a heated outdoor pool. About 80% of the community’s independent living units have been reserved.

The tower, along with a four-story apartment building, are replacing an 11-story apartment hotel built in 1920.

AHEPA National Housing Corporation Breaks Ground on Low-Income Senior Housing Project

The Department of Housing and Urban Development and AHEPA National Housing Corporation (ANHC) of Fishers, Ind. recently broke ground on a residential community for low-income seniors in Tallmadge, Ohio. 

ANHC will sponsor the apartment community, which will be supported by owner corporation AHEPA 63 Apartments, Ltd., comprised of members of the Goodfriendship AHEPA Chapter #63 of the Order of AHEPA, based in Akron, Ohio.

The 50-unit affordable apartment building will be completed in May of 2013 and is intended for income-qualifed people aged 62 or older, or those with disabilities. AHEPA Management Company will manage the complex.

The project’s financing comes from 4% bonds along with a $5.2 million HUD award and another $1.6 million in tax credit financing from Ohio Capital Corporation for Housing. 

Providence One Breaks Ground on $24 Million Independent Living Community in Fla.

Providence One Partners LLC and DeBartolo Development LLC recently broke ground on a $24 million, 173-unit independent living facility in Wildwood, Fla.

The full-service rental community, called Providence Independence, is for seniors aged 55 and older and will be situated on seven acres of land adjacent to The Villages, a master-planned age-restricted retirement community with more than 89,000 residents.

“The population in this primary market area is expected to continue to grow at record rates resulting in an increased and unmet demand for independent living rental communities,” DeBartolo President & COO Edward Kobel said in a statement. “We are excited to be in this real estate sector, and given the current demographics this is the right time to grow our presence in this area. The DeBartolo organization has always operated from a family approach and providing seniors a first class living opportunity like Providence Independence is truly an extension of our family.”

Amenities will include a business center, a coffee cafe/grill, a fitness facility, a full-service restaurant with a dancing floor, music, and bar areas, a card room with billiards, a barber/hair salon, a theater with a full gaming area, a chapel, central living rooms, craft and sewing rooms, 24-hour secured access, and an outdoor exercise lap pool with surrounding sundeck and cabanas. Providence Independence will be a three-story building with 123,838 square feet of living space. 

Construction: Planned

Norwell Company Buys Senior Care Facility from Quakers, Plan $3 million Renovation

In April, the Norwell Visiting Nurse Association and Hospice bought an assisted living facility formerly run by the New England Yearly Meeting of Friends, a network of Quaker congregations, for $1.625 million, reports Boston.com.

NVNA and Hospice organization plans to invest about $3 million into the rest home for renovations and expects it to re-open in 2013.

The building will be renovated into a hospice residence with room for 12 as a place for dying people in the surrounding communities who are getting home healthcare services from NVNA and Hospice and wish to stay out of a hospital or nursing home, but can’t stay at home. 

Renovation plans include adding a nondenominational chapel, updating elevators, replacing windows, and creating two kitchens —one for patients and their families, and one for volunteers and caterers to prepare meals, the article says. 

$15.8 Million Senior Housing Project to Break Ground in Baltimore

Construction will start on Thursday for a $15.8 million senior housing project in Baltimore, Md., reports the local CityBiz journal.  The development, a 100-unit community called The Greens at Irvington Mews, is funded by Low-Income Housing Tax Credits, equity from Enterprise Community Investment, Inc., a Capital One Bank loan, HOME funds from Baltimore City, the Neighborhood Stabilization Program, and developer equity. 

Harkins Builders, Inc. is the development contractor, and Hord Coplan Macht is the architect. Habitat America will provide property management services once construction has been completed by the end of 2012.

The Greens at Irvington Mews will feature more than 5,000 square feet of common area space, including a fitness room, computer center, lounge, community room, and hospitality suite. The community will include 18 two-bedrom and 82 one-bedroom units for seniors and people with disabilities earning 50% or below the area median income, and is located nearby shopping, public transportation, and medical facilities.