Morning Pointe to Invest $18 Million into 2 Kentucky Senior Care Communities
Chattanooga, Tenn.-based senior healthcare services company Independent Healthcare Properties, LLC, which owns and operates Morning Pointe Senior Living, recently announced plans to invest $18 million into two new senior care communities in Lexington, Ky., announced Morning Pointe, increasing its presence in the state to seven properties.
Morning Pointe of Lexington East will be a 55,000-square-foot building offering personal care and memory care services in 73 apartments. In addition to providing assistance with activities of daily living, meals, and medication management, the community will also offer transportation, a beauty/barber shop, a secure landscaped courtyard, and a range of specialized care tailored to individual needs.
The Lantern at Morning Pointe of Lexington will be located adjacent to an existing Morning Pointe of Lexington and will be a free-standing memory care center with 44 apartments specifically designed for those with memory disorders.
“Lexington has positioned itself as the hub for quality health care services in eastern Kentucky, and Morning Pointe is proud to expand its senior care services in this growing market,” said Greg A. Vital, president and CEO of Independent Healthcare Properties and Morning Pointe. “The Lantern wing at Morning Pointe of Lexington is currently full with a waiting list, so we are building to meet the demand for services.”
Lutheran Services to Build $8 Million Senior Care Center in N.C.
Lutheran Services for the Aging is planning on building a second nursing home in Forsyth County to replace the area’s sole facility that has been operating below capacity for years, reports the local Business Journal.
Trinity Elms will be an $8 million, 100-bed long-term care and rehabilitation center, built by Summit Developers Inc. of Salisbury, N.C.
Wilmington architect David Polston designed both this facility and its sister facility, a 70,000-square-foot, 117-bed senior care center in northeast Winston-Salem. The two new facilities will replace the former Lutheran Home Winston-Salem.
Construction: In the Process
Fremont Senior Living Breaks Ground on $6 Million Memory Care Building in Mo.
The Fremont Senior Living Campus in Springfield, Mo. is expanding with the addition of a $6 million assisted living and memory care building, bringing the total value of the campus to $14 million.
Fremont Senior Living will get 56 beds of licensed assisted living and 16 beds of memory care to join its 22 existing villas and 33 apartments.
The assisted living addition will provide personal care services, full-service, restaurant-style dining, and one-bedroom and studio apartments. On the memory care side, residents will have access to a home-like setting with innovative Alzheimer’s disease and dementia programming.
With the addition of these buildings, the community will now offer a continuum of long-term care services in one location. The project is expected to be completed by the summer of 2013.
Miller O’Reilly is the project developer, and Empire Bank is financing the construction.
“The Fremont has experienced tremendous growth over the past 12 months, which prompted Miller O’Reilly to consider adding assisted living and memory care,” said Stephanie Harris, CEO of Arrow Senior Living Management, operator of the senior living campus. “We are excited to take this next step to offer more services for Springfield’s area seniors.”
EHDOC Breaks Ground on $11 million Affordable Senior Housing Complex in Chicago
The Elderly Housing Development and Operations Corporation (EHDOC) broke ground today on the J. Michael Fitzgerald Apartments, a $11 million, 60-unit building in Chicago, Ill. that will offer subsidized housing for local seniors.
MCC Construction is the general contractor with EHDOC as developer. Harley, Ellis Deveraux is the project architect.
The 60 units will all be one-bedroom apartments equipped with appliances, a security system, and an emergency call system. The building has a rooftop garden, two elevators, a library, laundry room, exercise room, and computer lab.
The apartment complex is expected to be completed in early 2014; sources associated with the project say it may be the last project funded under HUD’s Section 8 program, which provides subsidized housing for seniors.
Grandview Care Nearing Completion on $25 Million Assisted Living Community in Ky.
Nonprofit senior housing provider Grandview Care Inc. is nearing completion on construction of a $25 million assisted living complex in Louisville, Ky., reports Business First.
Magnolia Springs East is a 95,000-square-foot community that will have 95 apartments comprised of studio, one-bedroom and two-bedroom models.
The community will offer multiple dining options, a full bar, game and activity rooms, a business center, outdoor walking paths, a putting green, and a theater. Individual units will have high-end finishes that ill include marble counters, stainless steel appliance, high ceilings, and roomy closets.
Ramsey Development Corp, based in Tell City, Ind., is the general contractor for the project, which was designed by Lousville-based Studio Kremer Architects Inc. Magnolioa Springs East is expected to be finished by October of this year.