In the Pipeline: Senior Housing Construction Projects (3/20/14)

Construction: Planned

Marathon Development to Break Ground on Texas Assisted Living Project

Bellevue, Washington-based developer Marathon Development, Inc. has plans to break ground this year on a new assisted living and memory care community in San Antonio, Texas.

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The company is scheduled to begin construction this June on Solace at Stone Oak, a 62,000-square-foot development that will house 68-units.

The community will provide private one-bedroom and studio room sizes with private baths and roll-in showers, among a number of community spaces—and an additional 22 units planned for phase II.

Amenities include a bistro/wine bar, library, multipurpose, activity, theatre, salon, fitness, chapel, treatment and visiting physician therapy space incorporated into the design.

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Exterior space will include an outside deck, gazebo and walking trail nearby church and medical providers.

Portland, Oregon-based LRS Architects will also partner on the project, along with Adolfson & Peterson Construction of Richardson, Texas, handling general contractor duties.

Solace at Stone Oak will be located at the northeastern corner of Stonehue and Huebner Road in San Antonio.

JEA Senior Living Clears First Hurdle for New Colorado Memory Care

JEA Senior Living, headquartered in Vancouver, Washington, recently received an initial approval to build a new memoir care community in Aurora, Colorado, reports The Denver Post.

The development is currently awaiting approval from the city council, which is expected to happen in April

If approved, the 32,900-square-foot facility will be a one-story building that could house up to 66 residents .

Florida Developers Planning $65 Million of Senior Living Projects

Two assisted living communities are planned for Manatee, Florida, in 2015, both totaling $65 million worth of  development, reports Bradenton Herald.

The projects, both of which are simultaneously going through the county permitting process, are expected to be home to 276 residents when complete by summer of 2015, the article notes.

One of them will be a $30 million East Manatee project known as Lakewood Senior Living. The larger of the two development slated for the area, Lakewood will house 150 beds.

The other will be an assisted living facility from Bonita Springs-based Discovery Senior Living.

Discovery purchased 11 acres in Bradenton back in 2011 for its $35 million project, which will be one of seven assisted living facilities the company has built or will build in Florida.

Units within this community are expected to range from 375- to 700-square feet.

Discovery intends to use Orlando builder Douglas Co. as its general contractor, while the Lakewood Senior Living project chooses Bradenton-based NDC Construction Company.

Construction: In process

Groundbreaking Commences for $41 Million Luxury Senior Apartments

Rockwood Retirement Communities of Spokane, Washington, recently held a groundbreaking ceremony this month to celebrate the start of construction on a $41 million luxury apartment complex for seniors.

The 11-story, 165,000-square-foot tower will be an addition to Rockwood’s South Hill campus in Spokane and will feature 65 luxury apartments.

Many of the units will range from 900-square-feet to 1,970-square-feet—the top two floors of which offering penthouse units with square footage ranging from 1,050-sq-ft to 2,210-sq-ft.

Walker Construction, also of Spokane, is handling construction for the project. Rockwood Retirement Communities are operated by Spokane United Methodist Homes.

Construction: Completed

Arizona CCRC Completes $1.4 Million Dining Expansion

Friendship Village Tempe, a CCRC in Tempe, Arizona, recently rang the dinner bell in its newly expanded dining area.

Friendship Village Tempe worked with locally based RSP Architects on the $1.4 million project, which includes a new Village Cafe, a renovated restaurant called The Fireside and more “grab-and-go” options for its residents.

The expansion also includes an investment in fresh food, the community, which is managed by Life Care Services, said in a release. These new offerings include brick oven pizza, rotisserie chicken, handmade sausages, fresh-baked rolls and a barbecue that includes a commercial smoker.

Renovations made to the dining area embrace technology, as each are equipped with high-speed WiFi and wall outlets in close proximity to each table.

Friendship Village Tempe is offers 575 one- and two-bedroom independent living apartments and garden homes, and also includes on-site assisted living, skilled nursing and memory support residences and services.

California CCRC Completes Phase II of $120 Million Transformation

The Terraces at San Joaquin Gardens recently completed construction on a $120 million redevelopment project that includes new residential living, health services, common spaces and a variety of amenities in Fresno, California.

With the addition of 86 new residences in Milano, Fresno’s newest residential living residences, The Terraces at San Joaquin Gardens now has 262 residential living apartment homes on campus.

Milano includes two common areas, underground parking and a courtyard. It also offers a number of amenities, including a swimming pool, fitness center, multiple dining venues, beauty salon and more.

The Terraces at San Joaquin Gardens is owned and managed by ABHOW, a California nonprofit organization.

Greenfield Senior Living Completes Assisted Living Renovations

Virginia-based senior living provider Greenfield Senior Living, Friday announced the completion of extensive renovations to their Schwenksville, Pennsylvania community.

The 110 resident community, Greenfield of Perkiomen Valley, underwent a year-long renovation of all public areas, including an on-site rehab center, a cafe bistro, move media room, wellness center and all resident activity areas.

The community’s personal care and memory care neighborhoods are now offering aging-in-place environments.

Costs associated with the redevelopment project were disclosed.

Written by Jason Oliva

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