In the Pipeline: Senior Housing Construction Projects (8/7/13)

Construction: Planned

Gensler to Design New CCRC in Los Angeles

Architectural firm Gensler has been chosen to design a new Fountainview community in the Los Angeles area. 

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Fountainview at Gonda Westside will be a continuing care retirement community (CCRC) providing residents access to the renowned health care services of the Los Angeles Jewish Home. 

As the only CCRC in the Playa Vista area, the new project looks to meet a demand for luxury housing geared toward seniors. 

Upon completion, 199 independent and assisted living residences will be integrated within a six-story building and will include a variety of one- and two-bedroom floor plans, ranging from 840 to 2,380-square-feet for independent living apartments.

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The community’s ground floor will be called the Gallery and features areas for social engagement and amenities, including multiple dining venues, creative arts studio, theater, salon, card room, lounge and cafe. 

The building’s rooftop features additional amenities such as two fitness pavilions, a swimming pool and a large sun deck. 

The LaSalle Group Announces Texas Memory Care Community

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The LaSalle Group has announced plans to build a 28,000-square-foot memory care community in Katy, Texas. 

The community, Autumn Leaves of Cinco Ranch, will serve 50 residents living with Alzheimer’s and dementia, and is also the ninth memory care community Irving, TX-based LaSalle Group has brought to the Houston area in two years.

The project is the result of a partnership with The LaSalle Group, Silverado Interests (not affiliated with Silverado Senior Living LLC), and Community Trust Bank.

Of the community’s 42 suites, 16 will have private baths and residents will also have access to the entire building and outdoor courtyards. 

Grand opening is slated for early 2014, according to a release from The LaSalle Group.

Minnesota Developers Plan Full-Continuum Senior Living Project

Rochester and Twin Cities developers plan to begin construction on a new senior living complex in southwest Rochester later this month, reports PostBulletin.

The Waters on Mayowood will be a 276,000-square-foot community built on 6 acres of land, featuring a four-story assisted living wind with 70 units and six units of “enhanced care suites.”

The community will also include a four-story independent living wing with 71 units, as well as a two-story memory care wing featuring 28 units.

Construction is expected to begin in the third week of August, according to developers, who hope to open The Waters on Mayowood in fall 2014.

Working with developers as an owner as well as an operator is The Waters Senior Living of Minnetonka, which manages 11 senior living centers in the state.

South Dakota Developers Annex Land for Senior Housing Project

A South Dakota developer plans to build a senior living community on a site of 121 acres of corn fields in Harrisburg, S.D., reports local Keloland Television.

Developer John Briscoe says the $90 million 450-unit planned development, to be known as Mills Creek Park, will feature parks, townhouses and other facilities geared toward seniors once complete.

Phase one of construction will include a three-story building that will have 20 units of memory care, 30 independent living units and 30 assisted living units.

Illinois Plan Commission Approves Zoning Changes for Senior Community

The Downers Grove Plan Commission of Illinois approved zoning changes and a special use this week that would allow developers to follow through with plans to build a supportive living facility for seniors, reports

Delta Development of Downers Grove and engineering firm C.M. Lavoie & Associates want to build the three-story, 120-unit community for seniors on the 4200 block of Lacey Road.

While the project is still pending the approval of the Village Countil, C.M. Lavoie said it hopes to begin construction in October.

LCB Senior Living Awaits Plans for Assisted Living Community

Massachusetts-based LCB Senior Living expects to build a 74-unit assisted living development this fall, following approval from the Avon, Connecticut planning and zoning commission, The Courant reports.

Project plans call for 74 apartment in a 65,000-square-foot building located at 117 Simsbury Road. 

One of the main issues for the planning commission was the community’s parking. One of the requirements was that LCB secure 20 parking spaces offsite that could be used when the community holds special events.

Construction: In Process

NJ Housing Authority’s $30 Million in Funding Includes Senior Apartments 

The Jersey City Housing Authority is using part of the $30 million it has received in tax credit funding to renovate apartments for affordable seniors housing, reports.

The Catherine Todd Senior Living Center is the first phase of the revitalization of the Montgomery Gardens Public Housing Development, which the housing authority plans to renovate into 60 “modern rental apartments for seniors.”

Renovation costs will be approximately $22.5 million, and in addition to the 68 affordable housing units, the building will also contain 5,000-square-feet of community space to provide amenities and supportive services to residents.

The New Jersey Housing and Mortgage Finance Agency awarded $1,104,156 in tax credits to this project. 

Developers See Growing Interest in Rural Senior Villas 

The first of 42 units in a senior ranch-style housing complex look to be completed soon in rural Rantoul, Ill., reports Rantoul Press.

Miller-Valentine Residential Construction of Cincinnati, one of the project’s developers, say there has been a growing interest among local area residents. 

The project includes 10 one-bedroom units, ranging from 875-900-square-feet, as well as 32 two-bedroom units ranging from 925-950-square-feet. 

The units also include bathrooms, laundry rooms, a den and attached garages.

Miller-Valentine will partner with the Champaign County Development Corp., which will coordinate services such as transportation, healthcare referral and meal referrals.

Monthly rent depends on the income of residents, according to developers, which could be in the range of $400-$600 depending on unit size.

Developers expect the entire project should be finished by fall.

Construction: Completed

$100 Million Senior Housing Project Offers Luxury Living

Inspired by the Four Seasons George V Hotel in Paris, The Palace at Coral Gables in Miami-Dade County, Florida is a $100 million project that offers luxury living for high-income seniors, Miami Herald reports.

A product of The Palace Group Senior Living, The Gables community is just one of the luxury senior housing residences owned by husband and wife founders Helen and Jacob Shaham. 

The Palace at Coral Gables site provides housing to 240 residents, 60 of which now live in the facility. 

Most of the community’s residents are independent, however, the third floor one-bedroom and studios offer living arrangements for those who have more health and medical needs.

Monthly rent runs from $4,620 for a 476-square-foot studio to $7,650 for a 1,110-square-foot two-bedroom, two-bath apartment. 

Written by Jason Oliva

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