Dayton, Ohio Senior Living Proposal Represents $60 Million Investment
A plot of undeveloped land is presenting a $60 million investment opportunity for a planned senior living community in the Dayton, Ohio metro area, reports Dayton Daily News.
A 65-acre tract of land could be the site of a new senior living community in Centerville, Ohio, as well as a site for singe-family home development.
The senior living community planned for the property would be owned and operated by Michigan-based Randall Residence company, the article notes.
The community would be about 150,000 to 170,00-square-feet and would provide assisted living, memory care and nursing services.
The Randall portion of the project is expected to begin construction later this summer and the facility could be operational in a year’s time.
Developers Partner to Build New Arizona CCRC
Investment Property Associates, LLC and Retirement Community Specialists have partnered to develop a CCRC in Ahwatukee, Arizona, Commercial Executive Magazine reports.
The community, dubbed Generations at Ahwatukee, is designed to be 160,000-square-feet and will provide a total of 128 units.
RCS, a senior living management company based in Ahwatukee, will manage the community.
Unit mix includes studio, one-bedroom and two-bedroom apartment styles as large as 1,150-square-feet in size. Additionally many unit styles will feature private balconies or patios.
Current design plans call for a theater, fitness center, library, salon/barber shop, pool, community gardens, activity centers and restaurant-style dining rooms.
IPA expectes to break ground this fall on the development, which will be the company’s second senior living project in Phoenix.
MC Clark-Wayland Builders of Scottsdale, Arizona, will serve as the general contractor. Architectural services will be provided by Todd & Associates of Phoenix. Thoma-Holec of Mesa, AZ, will provide the interior design.
Construction: In process
Washington CCRC Nears Completion of Community Expansion
Emerald Heights, a continuing care retirement community located in Redmond, Washington, expects construction of a new apartment community will reach completion sometime this year.
The CCRC began construction in July 2013 on Trailside, the new 43-unit apartment wing of the existing community.
The apartment homes within this part of the campus will feature “fully equipped and modern kitchens,” optional gas fireplaces, underground parking and new landscape views, according to a release from Emerald Communities, a nonprofit regional senior housing organization that sponsors the CCRC.
The expansion also includes a new fitness center and swimming pool, multi-purpose auditorium featuring “flexible” meeting spaces, as well as casual and fine dining environments.
Campus renovations also extend to The Corwin Center, Emerald Heights’ on-campus short- and long-term care facility that provides assisted living services and 24-hour nursing supervision to residents.
Developers Announce Designs for $20 Million Wisconsin Senior Living Project
Waukesha-based Tarantino & Company announced this week it is in the preliminary design stages for a $20 million senior housing community on the site of the former Manchester Mall property in Grafton, Wisconsin.
The community, Village Pointe Commons, will be operated by Capri Senior Communities, also based in Waukesha, which manages more than 1,300 units in a dozen senior living apartment communities in the state.
Village Pointe Commons is planned for the South Commercial TIF District, on the property of the unfinished Highland Ridge project. A shopping center anchored by a Pick ‘n Save grocery store is the only structure completed on the 12-acre site.
A planned 17-building complex including townhouses and condominiums was never built and the developer recently sold the land to Tarantino.
“We’re in the early stages of designing and developing a campus of more than 200 premier senior housing units with different levels of services and care driven by the residents’ demand,” said Developer James Tarantino in a statement.
Bethany Lutheran Homes Breaks Ground on $28 Million Project
Bethany Lutheran Homes broke ground Monday on a $28 million senior living project in South La Crosse, Wisconsin, that will include hospice suites along with a number of senior apartments, La Crosse Tribune reports.
Eagle Crest South, as the project has been dubbed, will feature a Town Center complete with dining rooms, a café/bistro, a convenience store, movie theater, botanical garden and heated underground parking.
The four-story, 212,660-square-foot building will feature 144 apartments, including 12 hospice units called “Serenity Home,” featuring 24-hour end-of-life nursing care, according to La Crosse Tribune.
Of the 144 apartments, there will be 80 independent living apartments, 34 assisted living units and 18 memory care apartments.
The community is expected to open in May 2015.
Wexford Place Assisted Living & Memory Support to Celebrate Ribbon Cutting
Wexford Place Assisted Living & Memory Support will showcase its new senior care options in Kansas City, Missouri, next week on Wednesday, April 2.
The community, which includes 43 assisted living and 44 memory support residences, is adjacent to the Wexford Place independent living community.
Wexford Place is part of Senior Star, a family-owned company with a portfolio that includes 13 retirement communities in six states offering independent living, assisted living, memory support and nursing.
With regards to the memory care component of the community, Wexford Place features memory support programming including a Virtual Dementia Tour, Snoezelen Therapy, along with an outdoor garden area that includes a clothes line, mailboxes and stationary vintage car for residents to conduct “typical lifestyle routines,” Senior Star stated in a release.
Erickson Living CCRC Opening Memory Care Expansion
Tallgrass Creek, a CCRC developed and managed by Erickson Living, is opening memory care and post-acute rehabilitation units in the latest expansion the Overland Park, Kansas community has undergone in the past year.
The community, which opened its first phase late last year with assisted living, now has a total of 104 apartments and suites, and now provides all levels of health care on one site.
Tallgrass Creek includes private apartment suites with full private baths and showers, walk-in closets and granite countertops. Amenities include spas and salons, a theater room, family-style kitchens and outdoor courtyard.
Colorado-based architectural firm Lantz-Boggio Architects designed the community. Brinkmann Constructors served as the general contractor for the project.
Written by Jason Oliva
Companies featured in this article:
Bethany Lutheran Homes, Capri Senior Communities, Emerald Communities, Erickson Living, Investment Property Associates LLC, Lantz-Boggio Architects, MC Clark-Wayland Builders, Randall Residence, Retirement Community Specialists, Senior Star, Tarantino & Company, Thoma-Holec, Todd & Associates, Whiting-Turner