In the Pipeline: Senior Housing Construction Projects (2/20/2013)

Construction: Planned

Rosemount Seeks Builder for Senior Living Development

The town of Rosemount, Minnesota is currently looking for a builder for an assisted living facility after the project’s original developer bowed out, reports Twin Cities Pioneer Press.

Referencing a recent feasibility study, the Bloomington-based developer Doran Cos. claimed the reason for its pull-out was that the market would support fewer units than it wanted to build. 

The study told Doran Cos. that 64-74 units is what the market would support, but they were looking at 90-95 units for the project. 

The project would help fill a void, according to Rosemount officials, as there are few senior living communities that provide assisted living and memory care. 

State Grants Money for $19.5 Million Senior Living Conversion Project

The town of Webster, Massachusetts has been granted $4.9 million by the state Department Community and Housing Development toward a $19.5 million plan to convert a long-vacant school into 66 units of senior housing, reports Telegram. 

The project is expected to take place at the site of the 88,000 square-foot Sitkowski School, with Boston-based developer Neighborhood of Affordable Housing Inc. saying construction would likely begin late summer or early fall.

The project also looks to have a 9,000 square-foot senior community center, complete with new kitchen, dance floor, balcony, medical room, library and meeting spaces. 

Neighborhood also claims the project may take about 14 months to complete, and once finished, Winn Management will be involved in resident selection and management. 

Senior Living Complex Planned Close to Clark Atlanta University Campus

In an effort to create a college town environment, Atlanta-based developer The Integral Group is planning a 100-unit senior living complex in the surrounding neighborhoods of the Atlanta University Center schools, reports Atlanta Daily World.

The Veranda at University Homes will be an age restricted community for those age 62 or older and will be located in Atlanta’s historical West End district at 130 Lawshe Street SW.  

The project is part of the city’s Grady Hope VI Revitalization plan, which includes other developments such as a new elementary school, performing arts center and a YMCA early childhood development center.

Eastwind Development, Housing Partnership Building West Palm Beach Housing

Eastwind Development and Housing Partnership Inc. are teaming up to create an affordable senior housing project in downtown Palm Beach, reports Palm Beach Post. 

The 85-unit Evernia Place is slated to reside at the northeast corner of Evernia Street and Sapodilla Avenue and will contain a mixture on one and two bedroom units. 

Rents for one-bedrooms go for $700, while two-bedroom units are going for $825 a month. Renters must meet certain income requirements to qualify for residences in the building. 

JEA Senior Living to Build $9 Million Memory Care Center

JEA Senior Living received approval to build a 32,900 square-foot, one-story memory care facility in Beachwood, Ohio, reports Cleveland news.

The 46-unit facility will house 66 beds on Harvard Road, next to the soon-to-be-completed University Hospitals rehabilitation unit. 

The total cost of the building will be $9 million and will care for those with moderate to reverse Alzheimer’s disease.

A representative form the Planning & Zoning Commission said it is not certain when construction will begin.

 JEA representatives are scheduled to be present at the City Council’s February 19 meeting to show their plans for the project. 

Construction: In the Process

Kiewit Building Group Breaks Ground on $6 Million Hawaiian Community

Kiewit Building Group began construction Friday for its 78,000 square-foot senior living community in Kapolei, Hawaii, reports Pacific Business News.

The project, Ilima at Leihano, is currently on its first phase of infrastructure work worth $6 million.

Kiewit will work on the grading, roads and utilities of the 20 acres closest to the ocean before beginning construction on an 84-unit independent and assisted living building. 

The total three-and-a-half acre project is worth about $20 million and will also include a 16-unit memory care wing.

Construction: Completed

$52 Million Rhode Island Senior Living Community Opens

East Providence state and local officials cut the ribbon on a $52.3 million senior living community last Friday, reports Providence Journal.

Tockwotton on the Waterfront opened January 12 and is a 156-room assisted living residence and nursing home that is divided into three households with the philosophy of “patient-directed” care.

The facility is the first development to convert a 14-mile, 300-acre strip along the Seekonk and Providence Rivers into residences and business.

Written by Jason Oliva