In the Pipeline: Senior Housing Construction Projects (8/8/2012)

Construction: Planned

Erickson Living Plans Colorado CCRC Expansion, Hires Contractor

Erickson Living’s Wind Crest retirement community has selected Brinkmann Constructors as the general contractor for its newest neighborhood. The four-story continuing care neighborhood is currently under design and will have 128 residences offering assisted living, memory care, post-acute rehabilitation, and long-term nursing care services to residents.

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Denver, Colo.-based Brinkmann recently began pre-construction activities for the project, which was designed by Lantz-Boggio Architects of Englewood, Colo. 

Wind Crest is located on 84 acres in Highlands Ranch, Colo. Its independent living neighborhood has 575 apartment homes in a variety of one- and two-bedroom floor plans and pricing options, and is 97% sold. 

WholeLife LLC to Buy Land for $30 Million Luxury Active Adult Community in Texas

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Dallas, Tex.-based developer WholeLife LLC is on the verge of buying a 35-acre plot of land in The Woodlands of Texas with plans to break ground on a luxury rental community targeted at baby boomers, reports the Houston Business Journal.

The rental community would be called WholeLife, and is part of the developer’s vision to create 100 similar locations throughout the country in the next five to seven years. The Woodlands community will cost about $30 million to develop.

Two Virginia Nursing Homes Plan New Facilities

Two nursing homes in the Roanoke area of Virginia, Friendship Retirement Community and Medical Facilities of America, have filed paperwork with the state as part of plans to build two new facilities, reports Roanoke.com, but due to the state’s Certificate of Need (CON) system, which regulates the number of skilled nursing beds and facilities, the process has an indeterminate timeline. 

Friendship Retirement Community is reportedly in the process of finalizing architectural plans to build a new center in Roanoke County, and has proposed relocating 120 of its existing facility’s 373 beds to the new location. The current facility, Friendship Health and Rehab Center, is the largest operating in Virginia. 

If approved, Friendship’s proposal would make changes to its existing facility by creating more private rooms and providing more space to its Alzheimer’s program. Additionally, the facility is seeing a lot of short-term rehabilitation traffic, according to company CEO Russ Barksdale, and the new center plans on accommodating that trend. 

Medical Facilities of America told the state it’s looking for a new site in Roanoke and Roanoke County, says the article. The company also plans to transfer beds from several of its existing locations for the new project; it currently owns and operates 40 skilled nursing centers.  

Menorah Park to Add Memory Care Center to Ohio Community

Menorah Park Center for Senior Living plans to develop a memory care center and program at its Stone Gardens Assisted Living community, located in Ohio. 

The 7,000-square-foot center has an estimated $800,000 price tag and is called Helen’s Place, named after a former Stone Gardens resident. The center will be located on Stone Garden’s third floor and will have 10 one-bedroom apartments and four studio apartments. 

So far, the project has received a $250,000 grant from the Irving I. Stone Foundation, and Menorah Park plans to continue fundraising until October, after which construction is expected to begin. The project’s estimated completion date is Spring 2013. 

Construction: In the Process

Genesis Healthcare Building $30 Million Pa. Short-Term Rehab Facility

Genesis Healthcare is in the process of building a $30 million short-term rehabilitation facility in Voorhees, Pa. in addition to currently converting three of its traditional nursing homes in Southeastern Pennsylvania to a new rehabilitation model aimed at preventing rehospitalizations, reports the Philadelphia Inquirer.

The Vooorhees facility, located nearby a hospital that opened in May 2011, will have 124 beds, all in private rooms. The facility will have doctors on staff and will offer therapy 12-1/2 hours a day, seven days a week. The center will include a water-therapy pool and cooked-to-order meals. 

All four “PowerBack” sites, including the one currently being built, are expected to open this year, according to Genesis; the nursing home chain also plans on breaking ground on another PowerBack site in Moorestown this fall. 

Health Care REIT Inc., a Toledo, Ohio-based REIT, is providing Genesis’ financing for the facility and will own the building upon completion. 

SCC Healthcare Group Breaks Ground on $10 Million Texas Senior Care Community

SCC Health Care Group, an owner/operator of rehabilitation and healthcare facilities throughout Texas, recently broke ground on an upscale, $10 million skilled nursing and long-term care community in Rockwall, Tex.

The new 52,000-square-foot post-hospital recovery facility will be called Broadmoor Medical Resort and is scheduled to open in early 2013. It is the first new skilled nursing facility to be built in Rockwall since the 1950s, and will be the area’s only designated Diabetes Education Center. 

Broadmoor Medical Resort will feature hotel-style recovery suites and resort-like amenities in a hospitality setting. Residents will have access to various levels of physical, occupational, speech, ultrasound, electronic stimulation, wound and IV therapy provided by a team of rehabilitation professionals. Admission to the health center will be initiated by a physician, hospital social worker, or discharge planner.

“We want to move away from the traditional, sterile health care climate,” said Don Miller, managing partner of SCC Healthcare Group. “Our medical resort will not have the feel of a rehabilitation center or skilled nursing community. It will feel more like an upscale experience in a hotel.”

Indiana Developer Breaks Ground on Senior Housing Conversion Project

New Albany, Indiana-based developer Matt Chalfant has recently begun construction on a project converting the former Silvercrest Children’s Development Center into senior housing development, reports the local Business First.

The current structure has two buildings and will be converted to offer independent living units ranging from condominiums to studio apartments, along with some assisted living units. When Chalfant bought the Silvercrest Center in 2007, the News and Tribune reported the project’s estimated cost to be between $8 million and $12 million. However, Business First reports that a recently-issued building permit indicates that at least $1.4 million worth of alterations are planned inside the buildings. 

SRP Medical Breaks Ground on Texas Senior Living Community

SRP Medical, an upscale senior living community developer, announced last week that it had broken ground on a new luxury senior housing complex in Spring, Tex.

Magnolia Heights will be an 85,000-square-foot facility with 60 assisted living apartments and 48 memory care apartments. It will be the Spring market’s first new community that offers both assisted living and memory care residences in the past 10 years.

Apartments will be a mix of studios, one- and two-bedroom homes with amenities that will include granite countertops, walk-in closets, and tile showers. 

SRP is a full-service real estate development company that focuses on healthcare-related projects in Texas and the Southwest region. It is partnering with Frontier Management for the Spring project; Frontier will oversee operations and management for the new facility. 

Magnolia Heights is scheduled for a May 2013 completion. Mutual of Omaha Bank provided construction financing, with Rogers O’Brien as the project’s general contractor and GHLA Architecture as architect.

Seasons Breaks Ground on $12 Million Fla. Memory Care Facility

On August 8, Kalyvas Group-owned Seasons broke ground on a new memory care and assisted living community located in Largo, Fla. in the Tampa Bay area. 

Seasons Memory Care is an 80-unit, $13 million facility that will open in the fall of 2013. The building will feature a lot of natural light with community spaces that include an atrium, library, living room, family cafe, and garden. Autumn Senior Living, LLC will manage the community upon completion. 

Construction: Completed

Ecumen Bethany Completes $3 Million Renovation and Expansion Project in Minn. 

Ecumen Bethany Community, located in Alexandria, Minn., recently completed a $3 million renovation and expansion project to improve short-term rehabilitation services and add memory care, says LeadingAge.

The remodeled short-term rehab unit is located on one floor in the community and offers easy access to the expanded therapy gym and dining area. Additionally, Ecumen Bethany now has private memory care suites with individualized services provided by specially-trained nurses and caregivers. 

Trisun Set to Open Senior Care Facility in Texas

Harden Healthcare subsidiary Trisun Healthcare opened its Trisun Care Center Lakeside facility in San Antonio, Tex. on Wednesday, Aug. 8, reports MySA.com.

The nearly 42,000-square-foot skilled nursing and rehabilitation facility has 120 beds. 

Trisun developed the center with Suntex Development LLC, the development arm of Dallas, Tex.-based Suntex Ventures LLC, says the article. Metropolitan Contracting Co. and DFD Architects served as the facilities’ design-build team. 

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