In the Pipeline: Senior Housing Construction Projects (1/2/13)

Construction: Planned

Heritage Enterprises to Develop Ill. Assisted Living Community

Heritage Enterprises will develop a senior care community in Chillicothe, Ill., it recently announced, with construct set to begin in the third quarter of 2013.

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Evergreen Place Assisted Living will be a 73-unit assisted living community, with 20 of those units built as memory care studio apartments.

The 53 assisted living units will be a mix of studio, one-bedroom, and two-bedroom apartments, each of which will have a kitchenette, a private bathroom, and an emergency nurse call system.

Community amenities will include a restaurant-style dining room, beauty salon, exercise room, and sitting areas for socializing and entertainment.

Evergreen Place is located on six acres of land adjacent to Heritage Health: Therapy & Senior Care to create a care continuum.

Horve Construction will provide construction services, with Chicago-based design firm Worn, Jerabek P.C. of Chicago as project architect.

Developers Planning $41 Million Senior Living Community in Georgia

A $41 million senior living project in Lake Oconee, Ga., is in the works, led by Solutions Advisors LLC, Cornerstone Living, and ALO Consulting in partnership with the local Cowles Clinic medical campus, reports the Athens Banner-Herald

FountainCrest will have 75 independent living apartments and cottages, 20 assisted living residences, and 26 memory care units in one, two, and three-bedroom apartments. The community will provide a comprehensive services and amenities package to all residents and will feature a wellness center that includes a fitness center, exercise studio, indoor swimming pool and sauna, as well as examination and consultation suites.

Dr. Robert S. Cowles, founder of the nearby Cowles Clinic, will oversee the Wellness Center.

The developers expect to break ground in mid-2013 with an expected Summer 2014 completion date.

Woda Group to Build $7.3 Million Senior Development in Ohio

Hayden House, a $7.3 million development set for construction early next year, is expected to fill a need for senior housing on the south end of Springfield.
The 44-unit senior housing complex, which will be built on the former Highlands Elementary School site, 1452 S. Wittenberg Ave., could begin as early as Jan. 3, according to Ian Maute, vice president of development for the Westerville-based Woda Group.

The group received $800,000 in tax credits from the Ohio Housing Finance Agency and also received H.O.M.E funds from the city. The Hayden House will create two jobs for employees working 30 or more hours per week.

Construction: In the Process

Cardinal Ventures Breaks Ground on $16 Million Miss. Community

Cardinal Ventures, a senior housing developer based in Ridgeland, Miss., recently announced it had begun construction on a senior living community in Flowood, Miss.

The Blake at Flowood will offer 113 assisted living and memory care units in a 100,000-square-foot community.

Amenities will include fine and casual dining, salon services, outpatient therapy, a theater room, activity room, and outdoor activity courts and courtyards.

Upon its expected Fall 2013 opening date, The Blake will be managed by Blake Management Group, an affiliate of the developer.

Jackson, Miss.-based Young, Wier+Boerner is the project architect, with Hoar Construction, based in Birmingham, Ala., providing general contracting services.

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