In the Pipeline: Senior Housing Construction Projects (11/7/13)

Construction: Planned

Developers Plan Groundbreaking for $19 Million Renovation Project

Plantation Village, a continuing care retirement community (CCRC) in Wilmington, North Carolina, plans to begin construction on a $19 million expansion and renovation project November 15.

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Expansion plans for the community, which is managed by Life Care Services, include a 27-unit apartment building, new dining venues, a 350-seat auditorium, new Wellness Center with a 20-meter lap and therapy pool, among other amenities. The project will encompass 68,825-square-feet.

The new 27 housing units will join three other apartment buildings, villa homes, duplexes and two cottage homes comprising 270 residences. The expansion will result in an estimated addition of approximately 40 new residents.

New residences will range from 917-square-feet for a one-bedroom, to 1,491-square-feet for a two-bedroom home.

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The architect on Plantation Village’s expansion project is SFCS, an architectural, engineering and interior design firm specializing in designing for seniors.

The contractor for the project is commercial builder Clancy & Theys with Greenbrier as development consultant.

About 70% of new residences have been already sold in the community.

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Construction: In process

Erickson Living Begins Construction on $30 Million Addition

An Erickson Living community has begun construction on a new project that will feature the addition of 101 new apartment homes in Ashburn, Virginia.

Ashby Ponds looking to add its newest residence building, Willow Crossing, with construction costs of over $30 million, a company spokeswoman told SHN.

Willow Crossing will be a four-story, 200,000-square-foot building featuring the 101 new apartment homes. The building will also house community amenities such as a new restaurant, a theater room as well as another fitness space.

The apartment homes will include open floor plans, modernized kitchens with granite countertops and stainless steel appliances, side-by-side washers and dryers, walk-in closets, and custom flooring and lighting options.

As of November 1, 99% of the apartment homes in Willow Crossing have been reserved by residents.

Willow Crossing was designed by Baltimore-based architectural firm Marks, Thomas Architects. Whiting-Turner, also of Baltimore, has been selected as the general contractor for the new building.

The LaSalle Group Breaks Ground on $10 Million Stand-Alone Memory Care Project

Irving, Texas-based The LaSalle Group has broken ground on a stand-alone memory care community in Stockbridge, Georgia. The project is the result of a partnership with The LaSalle Group, OmniAmerican Bank and Silverado Interests (not affiliated with Silverado Senior Living).

The $10 million project, dubbed Autumn Leaves of Stockbridge, is the first stand-alone memory care community in Henry County, GA, and will serve nearly 50 residents within 26,000-square-feet of a home-like environment.

Design features draw from the latest Alzheimer’s and dementia research, from the color scheme to the type of furniture, to the spacing of the lights and the layout of the building.

The community will also offer free programs to the public, including seminars, support groups, day stays and free respite care for five hours on Wednesdays to give caregivers a break.

Autumn Leaves of Stockbridge will be the third Autumn Leaves community in metro Atlanta.

Construction: Completed

California CCRC Completes Phase One of $100 Million Project

Stoneridge Creek Pleasanton, the first CCRC to be built in the East Bay in decades, celebrated its official grand opening last week.

Beginning construction in Summer 2011, Stoneridge Creek Pleasonton is designed for adults age 60 and older and offers a variety of housing options, including access to assisted living and long-term nursing care services at nearby Creekview Health Center, which is being constructed adjured to the Stoneridge community.

Though Creekview is not owned by Stoneridge, the health center will provide services to the CCRC’s residents under a priority contract.

To date, more than 300 seniors have moved into the Stoneridge Creek Pleasanton and nearly 200 villas and homes are occupied.

Commonwealth Assisted Living Completes Expansion, Renovation Project

Charlottesville, Virginia-based Commonwealth Assisted Living, LLC, has completed an expansion and renovation of memory care community in Wheatland Hills, Virginia.

Commonwealth invested more than $400,000 into the community, Wheatland Hills at Hillsville, adding over 2,800-square-feet as well as expanding its Sweet Memories program to care for residents with Alzheimer’s and other forms of memory loss issues.

In addition, the company has installed all new emergency call and telephone systems and implemented complimentary Wi-Fi throughout the community.

Wheatland Hills at Hillsville currently has room to accommodate 32 residents in its Sweet Memories neighborhood, according to a company release.

An open house will be help November 7 to celebrate the community’s new expansion.

Commonwealth Assisted Living specializes in management and operations of assisted living communities. The company now has 18 communities throughout Virginia, 10 of which provide Alzheimer’s and memory care.

New Jersey Senior Living Provider Completes $35 Million Renovations

Springpoint Senior Living, a nonprofit senior living provider headquartered in Princeton, New Jersey, has finally finished seven years worth of expansion and renovation plans on a continuing care retirement community (CCRC) located in Red Bank, NJ.

Springpoint’s $35 million investment in the property, The Atrium at Navesink Harbor, included a six-story luxury high-rise addition with 60 new apartment homes.

New Jersey’s only waterfront CCRC, developers on The Atrium team wanted to create high-end appeal to match the facility’s location on the Navesink River.

The newly transformed Atrium has amenities that include an outdoor atrium garden space, a coffee bar and café with Wi-Fi, full-service beauty spa and a fitness center.

Renovations began in late 2006 on the community. In addition to constructing the adjoining expansion, the original 12-story structure was renovated and updated, as were all the common areas that serve residents of both buildings. A central courtyard garden connects the two buildings.

LTC Properties Completes $10 Million Assisted Living and Memory Care Community

LTC Properties, Inc. announced in its third quarter earnings results that it has completed and opened a $10.6 million assisted living and memory care combination community in Wichita, Kansas.

The 77-unit community, is leased to an affiliate of Oxford Senior Living under a 10-year lease with two 5-year renewal options.

“LTC is proud to announce the successful completion and opening of its third development project this year,” said LTC Chairman, CEO and President Wendy Simpson. “We are excited about the addition of another new private pay seniors housing community to our portfolio and look forward to expanding our relationship with Oxford.”

Written by Jason Oliva

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