In the Pipeline: Senior Housing Construction Projects (7/10/13)

Construction: Planned

Autumn Senior Living Breaks Ground on Memory Care Community

Earlier this month, Autumn Senior Living announced the groundbreaking on a new memory care community in Sarasota, Florida, reports Bradenton Patch.

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The project valued at over $65 million will incorporate two phases of construction, with Phase I featuring plans for 80 residences designed in cooperation with the USF Health Byrd Alzheimer’s Institute. 

Phase II, to be completed in 2015, will expand the campus to add 220 I-Lite residences—Autumn’s hybrid that blends elements of assisted living with independent living services. 

Construction is already underway following the groundbreaking ceremony. Completion of Phase I is scheduled to take place in the second quarter of 2014.

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Co-op Senior Housing Coming to Iowa

A cooperative senior housing community is coming to Council Bluffs, Iowa, reports The Daily Nonpareil

Village Cooperative, owned by Ree Development Co., will feature joint ownership and operations of the community by its residents. Each member purchases a share in a limited equity corporation, which provide the equity to secure a mortgage. 

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Residents will be required to make a one-time down payment that purchases a share in the co-op corporation, monthly fees that cover operating expenses, as well as the mortgage principal and interest, real estate taxes and utilities. 

The Village Cooperative of Council Bluffs has 50 one- and two-bedroom units planned and 19 have already been reserved, according to a spokesman from Ree Development Co.

Clover Construction to Build $8 Million Senior Apartments

Following the approval from the Parma, Ohio, Planning Commission last week, Clover Construction is set to build a three-story building for independent seniors, reports.

The project will still need five zoning variances, however, before construction may begin on the 125-apartment complex valued at $8 million. Apartment breakdown includes 120 two-bedroom units and 23 one-bedroom units. 

C&S Cos., a Cleveland engineering firm is also working on the project with Clover. 

Representatives from Clover anticipate an October 1 construction start with opening by end of summer 2014.

Planning Board OKs New Senior Housing Residence in N.Y.

The Saratoga Springs, New York, Planning Board approved the site plan for a 90-unit senior living complex last week, reports The Saratogian

The four-to-five story building for independent living will feature a green roof covered in grass located over the community’s first-floor parking garage, among other green features.

CSArch Architecture and Engineering worked with LA Group and Omni Housing Development LLC to develop the project. 

While the plan still needs approval from the Saratoga Springs Design Review Commission, developers expect construction to begin next spring. 

Avamere to Break Ground on $13 Million Transitional Care Facility

The Avamere Family of Companies is set to build a $13 million transitional care facility on five acres of land in south Salem, Oregon, the company said in a release.

The State of Oregon has approved the relocation of beds from the senior living and care company’s current skilled nursing home, Avamere South Salem Rehab and Specialty Care, to the forthcoming transitional care facility.

The property was parceled from the Bonaventure Group, LLC, who operates an assisted living and memory care community adjacent to where the new building will be built. 

The new transitional care facility will offer a range of services from skilled nursing to physical therapy, which is meant to foster greater communication between healthcare professionals as residents transfer from one care setting to the other. 

Designed by local Salem firm CB|Two Architects, the 53,000 square foot building has an expected completion date of August 2014.

Construction: In Process

Caddis Partners Begin Construction on Second Heartis-Brand Community

Caddis Partners LLC has begun construction on its second Heartis-branded assisted living and memory care community in the Dallas/Fort Worth Metroplex, just weeks after announcing its plan to invest more than $100 million in senior housing projects during the next 24 months, 

The 96-bed Heartis Eagle Mountain encompasses 61,125-square-feet and will include 54 assisted living units (61 beds) and a 35-bed memory care unit. 

Heartis communities will be developed and owned by affiliates of Caddis Partners, with management provided by Eugene, Oregon-based Good Neighbor Care.

The development team for Heartis Eagle Mountain also includes Austin, Texas-based architectural firm Katus, the Dallas office of MAPP Construction and financing provided by American National Bank of Texas. 

Heartis Eagle Mountain is scheduled to be completed in the summer of 2014.

Spectrum Retirement Begins Construction on Ind. Senior Community

Spectrum Retirement Communities, LLC, announced this week that it has begun construction on its newest senior community in Fishers, Indiana. 

Meadow Brook Senior Living will include 88 apartments, offering assisted living and memory care, as well as a number of amenities. 

Residences will range from studio apartments to two-bedroom, 1,000-square-foot apartment homes. 

The community is currently under construction with Vessel Architecture & Design as architect and Catamount Constructors as general contractor.

Spectrum anticipates Meadow Brook will open in June 2014, however the company said it will begin taking reservations for its month-to-month rental program this July. 

Hillcrest Health Starts Final Phase of Neb. CCRC

Hillcrest Health Services broke ground Wednesday on The Grand Lodge at Hillcrest Country Estates.

The Grand Lodge completes the final $42 million phase of the 44-acre Continuing Care Retirement Community (CCRC), which will include 101 independent living apartments, 60 assisted living and memory support apartments, and a 32,000-square-foot clubhouse.

Within these parameters, the campus has eight freestanding nursing cottages that house a total of 104 residents. 

The Grand Lodge is scheduled to open late 2014.

Ryan Companies Begin Two Senior Housing Renovations Projects

Ryan Companies US, Inc. has begun senior housing renovations for Three Crowns Park in Evanston, Illinois, and Friendship Village of Schaumburg in Schaumburg, Illinois, the company announced

Ryan Companies is renovating half of the third floor of Three Crowns Park’s Landstrom Manor building, which had comprised a skilled nursing unit, though the building was not in use. Renovations include adding a new kitchen and dining facility with new food service equipment; installing a nurse call and wandering security system; and creating a 14-bed nursing care household. 

The project is expected to be completed in late July.

At Friendship Village, Ryan Companies will embark on a series of interior and exterior projects over the course of the next five to six months. Exterior renovations include rebuilding a decorative fountain and tenant atrium. 

The primarily interior project will be a comprehensive renovation of the community’s Briarwood Wing, a phase of that features 80 living units. Renovations to this area include remodeling common areas and tenant spaces, as well as rebuilding the existing physical and occupational therapy areas. 

Ryan Companies expects this project to be completed by early fall. 

Construction: Completed

Vesta Corp. Completes Affordable Senior Housing Renovations

Last week, Vesta Corporation celebrated its completion of the redevelopment of Regency Square Apartments in Cleveland, Ohio, the company announced in a release. 

A real estate firm specializing in the redevelopment of distressed affordable housing communities, Vesta Corp.’s renovations of the 66 apartments included, but were not limited to, central air conditioning, energy efficient gas boilers and reflective rubber roof, enhanced landscaping and courtyard fencing, replacement of interior and exterior lighting, a state-of-the-art CCTV camera system, new sprinkler system, as well as remodeled common areas and stairwells.

Cleveland Mayor Frank G. Jackson and representatives of the Department of Housing and Urban Development and Ohio Housing Finance Agency were in attendance at the community’s ribbon-cutting ceremony. 

Baylor Medical Center Opens Senior Transitional Care Facility

Baylor Medical Center at Irving, Texas, no offers a plan to meet both the mental and physical needs of seniors with the opening of a new care facility, according to a release from Baylor Health Care System.

Baylor Behavioral Health Senior Care will provide short-term (7-14 days) inpatient services, for adults age 65 and older who are experiencing mental health issues. 

The 11-bed unit offers specialized medical care to help older adults transition back into the home environment. A multi-disciplinary team will provide services such as medication management, rehabilitation support, diagnosis and assessment, individual and family therapy, occupational therapy, as well as discharge planning. 

$70 Million Senior Living Community Opens in Bonita Springs

SantaFe Senior Living will be welcoming residents to its $70 million senior living community this week in Bonita Springs, Florida, reports

The Terraces at Bonita Springs features a six-story building with 144 independent living residences and a three-story health care center with 48 assisted living, 40 skilled nursing and 18 memory care units. 

At least one of a unit’s residents must be 62 years of age. Residents pay an entrance fee per unit depending on the size of their residence and a monthly service fee per person. 

The community reports that there are about a dozen independent living residences still available.

Written by Jason Oliva

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