Brookdale Plans Expansion of Florida Senior Living Community
Brookdale Senior Living’s Freedom Pointe at The Villages continuing care retirement community is about to get bigger, reports The Villages Daily Sun. The national senior living provider is planning to build 60 assisted living apartments in a 3-story, 63,000-square-foot building, along with adding a 40-bed expansion to its existing Clare Bridge memory care center.
Construction for the expansion could begin as early as January, with a tentative opening date of the spring of 2014. The new assisted living and memory care units will add to the CCRC’s health care center with skilled nursing with rehabilitation services; the existing assisted living community; and the memory care center.
Brookdale awarded the architectural contract to Earl Swensson Associates, and the general contracting bid to T.W. Frierson Contractor—the team that built the Freedom Pointe independent living center.
Former Joliet Church Slated for $10.5 Million Senior Housing Conversion Project
An old Chicago-area church that was on the verge of of demolition last year will be converted into low-income housing for seniors, reports the Chicago Tribune. St. Mary’s Carmelite Church has been closed since 1992, but work on the $10.5 million project is expected to start sometime next year and take about a year to complete.
A Chicago-based developer, Celadon Holdings, is planning on transforming the church into a 40-unit independent living complex called The Limestone Residences on the Mother Road. The developer hopes to use a mix of private funding along with federal and state tax credits to fund the construction; because of its low-income and landmark restoration designation, the project is eligible for a variety of tax credits, says the article.
Illinois Village Board Considering Proposal for $22 Million Senior Housing Development
The Woodridge Village Board will soon decided whether to approve a proposal for a new senior housing development and the sale of village-owned land on which to build the facility, reports mysuburbanlife.com.
Alden Foundation has proposed to build a four-story, 94,000-square-foot, 94-unit building, and wants to purchase 3.5 acres of land from the village for $300,000 for the development site. The development, including the cost of the land, is estimated to cost about $22 million. If the proposal is approved, Alden will proceed with the zoning approval process for the property, which would take approximately three months to complete.
If the developer can get zoning approval and financing for the project, construction could begin by the winter of 2013 and open by early 2015.
Colorado County Buys Land to Build Senior Care Facility
Local officials for Colorado’s Eagle County have signed a purchase agreement for a 5-acre site in Eagle Ranch as a proposed location for a new senior care facility, reports the Eagle Valley Enterprise.
The county has been talking about building some such facility for decades, says the article. The development, called Castle Peak Senior Care Community, will be a 64-unit assisted living and skilled nursing facility that will also have memory care beds.
Augustana Care Corporation, a not-for-profit, Minnesota-based development, design and operation company specializing in senior living facilities, has partnered with the county for the Castle Peak Senior Care Facility. The county is currently looking for financial partners and plans to launch a private fund-raising campaign. Ground could be broken as early as fall of 2013.
Construction: In the Process
$4 Million Pennsylvania Senior Housing Development In the Works
Affordable Senior Housing is making progress on a $4 million project in Harborcreek Township in Pennsylvania, according to GoErie.com. Clover Construction, affiliated with Williamsville, N.Y.-based Affordable Senior Housing, and subcontractor Sam Hawley Builders are transforming the 18.6 acre site—which used to house the Harborcreek Mall—into a senior living complex.
The project is expected to be finished later this year; plans include a 120-unit, three-story complex with a mix of one- and two-bedroom apartments. The developer purchased the property from Harborcreek Township last February for $550,101.
United Properties Nearing Completion on First Senior Living Project in Minn.
United Properties is nearing completion on the construction of its first senior living project, called Cherrywood Pointe, in Roseville, Minn., reports the local Patch.com.
Construction for the 80-unit community, which will have independent living, assisted living, and memory care units, is expected to be finished by September. The development will include studio apartments and well as one- and two-bedroom units.
United Properties has hired Fairview Health Services subsidiary Ebenezer Management Services to manage Cherrywood Pointe.