In the Pipeline: Senior Housing Construction Projects (8/21/13)

Construction: Planned

St. Louis Developer Announces Plans for $6 Million Assisted Living 

St. Louis-based developer ClearPath Senior Holdings, has announced plans to build a $6 million assisted living community in Maryville, Missouri, MaryvilleDailyForum reports.  

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The 46-unit community contains plans that call for the project to embrace 37,000-square-feet.

The single-story building will feature studio, one-bedroom and two-bedroom units, with amenities such as communal and private dining areas, cafe, rehabilitation room, salon and activity spaces.

Construction is scheduled to begin this fall and a completion date is anticipated for late next summer, according to ClearPath.

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Construction: In Process

Robycross Renovating North Carolina Assisted Living Community

Robycross, a residential remodeling and commercial construction company, was selected by RenCare Solutions, Inc. to renovate Tabor Commons retirement community in Tabor City, North Carolina, according to a company release.

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Formerly known as Waterbrooke Assisted Living, the Tabor Commons renovations include a comprehensive overhaul of the facilities and a new name to reflect the new management and philosophy of care under RenCare Solutions.

Robycross began work in mid-June and expects to be finished late August. The full building renovations includes hallways, bathrooms, 40 bedrooms, activity rooms, dining rooms and offices. 

RenCare plants to open Tabor Commons in mid-September and will invite the community to a grand reopening celebration. 

Construction Underway for LEED-Certified Affordable Housing in Ohio

Construction is well underway on the renovation of a building that will open in May 2014 as Elm Street Senior Housing in Cincinnati, SoapboxMedia reports

The 14,545-square-foot project—which is owned and currently being developed by Over-the-Rhine Community Housing with Model Group Construction as the general contractor—will be the first and only senior housing project in the city’s Over-the-Rhine neighborhood.

The community will house 14 units of affordable senior housing, plus one live-in building manager.

Total costs for the project run at about $4 million, with construction costs close to $3 million, and is being funded through historic tax credits, low-income housing tax credits and HUD 202 financing. 

Elm Street Senior Housing will be certified LEED Silver for its energy-efficiency efforts in building equipment.

Third Senior Living Project Under Construction in St. Louis Area 

A third senior living community is under construction in the Metro East area of St. Louis from assisted living and memory care developer Cedarhurst, St. Louis Post-Dispatch reports

The community, Cedarhurst of Edwardsville, is a 54-unit, $8 million project in the nearby Illinois town of the same name, and is  designed only to provide memory care services.

The Edwardsville project will be a 32,987-square-foot, single-story building, according to Oregon-based architect firm Lenity Group LLC. The community will also feature 46 private units with an average size of 325-square-feet, as well as eight semi-private units with an average of 250-square-feet.

Dover Development LLC began construction on the project late July and is expected to be ready for occupancy in March 2014. 

Bickford Senior Living to Open Assisted Living Community This Year

Bickford Senior Living is preparing to open a new assisted living and memory care community this year in Crown Point, Indiana, reports NWI Times of Northwest Indiana. 

The $4.5 million Bickford of Crown Point community is expected to open October 15. The 33,000-square-foot building includes 58 private apartments, including a 16-apartment memory care support unit. 

Construction: Completed 

Seattle Developers Celebrate Grand Opening of Beijing Project

Seattle-based developer Columbia Pacific and Sino-Ocean Land, one of China’s largest real estate developers, celebrated the grand opening of a 60,000-square-foot senior living community in Beijing. 

Senior Living L’Amore—Kaijan is the first project constructed under a strategic partnership between Cascade Healthcare, a China-based affiliate of Columbia Pacific, and Sino-Ocean Land. The community opening is located in Sino-Ocean’s Ocean Palace luxury residential housing community in the Yizhuang area of Beijing. 

The 110-bed facility will provide senior care services to Chinese seniors, with Cascade Healthcare and Sino-Ocean Land each putting up 50% of the registered capital of the new building. Both companies will jointly oversee project operations. 

Through a strategic partnership with Columbia Pacific, Emeritus Corp. is providing Cascade Healthcare with support in planning and layout, interior design and furnishings, selection and purchasing of specialty equipment, as well as development of operating policies and procedures. 

Washington D.C. Unveils Affordable Housing Community

City Market at O will unveil the name of its affordable housing building for the active adult community for adults aged 55 and older this week. 

The affordable housing units are part of City Market at O’s $300 million, on million-square foot urban infill project located next to the D.C. Convention Center. 

The development’s mix of retail and residential, and its proximity to METRO, position the affordable senior community to be a catalyst for the Shaw neighborhood in the northwest quadrant of the nation’s capital, developers say. The affordable units are developed by Roadside Development in partnership with Dante Partners.

The 90 affordable units are available to seniors older than 55 who earn 50% and 60% of the average median income in D.C. There will also be 72 units available to those who earn 60% of the area median income and 18 units will go to 50% earners. 

Florida Assisted Living Community Opens to Residents

Covenant Village of Florida opened a 22-apartment memory support assisted living residence in Plantation, Florida. The new residence at Covenant Village of Florida was created through a $300,000 renovation of the community’s assisted living residence.

The memory support residence, called Reflections, and a 21-apartment traditional assisted living residence now occupy the 25,500-square-feet that formerly housed a 43-residence assisted living center. 

The new memory support residence has dedicated dining and activity areas, as well as activity space and quite niche areas to enable caregivers to plan activities. 

In similar development news, Covenant Village of Colorado debuted $350,000 in renovations to its preexisting assisted living, memory support, rehab facilities in Westminster, Colo.

Assisted living renovations include a stone-faced fireplace and built-in saltwater aquarium in the community’s seating areas; a library that features high hat lighting to ensure good reading light and comfortable armchairs that are easy to get into and out of. 

Additional renovations to the community’s common areas include a new activity room with a kitchenette as well as general activity, conversation and TV centers meant to foster social engagement within the community.

Covenant Village of Florida is a not-for-profit continuing care retirement community administered by Covenant Retirement Communities, Inc., which is a ministry of the Evangelical Covenant Church.

Written by Jason Oliva

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