Developer Dives into Senior Living Market with $15 Million Project
Kansas City, Missouri-based development firm Lane 4 Property Group is entering the senior living business, partnering with Tetrad Property Group of Omaha, Nebraska, to develop a $15 million independent living project, Kansas City Business Journal reports.
The 101-unit independent living facility will be part of Mission Crossing, a mixed-use infill project that the developers are building in Mission, Kansas.
The senior living community that will be featured in Mission Crossing has been dubbed The Welstone, and will feature one- and two-bedroom floor plans on three levels totaling 105,000-square feet.
While additional details regarding this project are still to follow, Welcov Healthcare of Edina, Minnesota, will operate the facility upon completion.
Construction: In process
Methodist Retirement Communities to Break Ground on $74 Million CCRC
Methodist Retirement Communities will hold a groundbreaking ceremony next week to celebrate the start of construction on a new $74 million CCRC in League City, Texas.
The community, dubbed The Crossings, will consist of 116 independent living and 34 assisted living apartments, as well as 48 skilled nursing and 24 memory support apartments.
Amenities features on campus will include casual and fine dining venues, as well as a fitness facility, swimming pool and various activity centers meant to encourage a social and engaging lifestyle.
Construction of the 18.8 acre development is anticipated to be complete in the fall of 2015.
Methodist Retirement Communities operates throughout Texas, including in Byran, Huntsville, Lufkin, Texarkana, League City and La Porte.
The LaSalle Group Begins Work on Two Memory Care Projects
The LaSalle Group last week broke ground on two memory care projects in Texas markets of Georgetown and Austin.
The first project is Autumn Leaves of Georgetown, a 26,000-square-foot, $10.3 million memory care community. The project will include housing for 50 residents living with Alzheimer’s, dementia and memory impairment.
The community will feature state-of-the-art Vigil System, a motion sensor program in each resident’s private room, which aims to provide “safer” independent living, the company said in a release.
Autumn Leaves of Georgetown is the result of a partnership between The LaSalle Group, Southwest Bank and Silverado interests. The community is expected to open during the fourth quarter of 2014.
For the Austin market, The LaSalle Group broke ground last week on a new $10.7 million memory care community called Autumn Leaves of Northwest Austin.
This community will include features similar to that of the Georgetown development, and is expected to be completed by the end of 2014, according to The LaSalla Group.
The Memory Center Announces Construction of Richmond, VA Facility
Virginia Beach, Virginia-based The Memory Center is building a new state-of-the-art residential community for individuals living with Alzheimer’s and other related dementias in Richmond, VA.
The Memory Center of Richmond will be located on a four acre site adjacent to Bon Secours St. Francis Medical Center in the community of Midlothian, within Chesterfield County.
The community will be one of the few standalone assisted living communities within the Commonwealth of Virginia dedicated exclusively to memory care, the company stated in a release.
The facility is comprised of 48 residential units designed and constructed around a “Town Center” concept, a centralized amenity area that will house a movie theater, library, general store, bank, tavern, ice cream stand and salon.
Each wing within the community will serve as an separate “neighborhood” equipped with unique common areas and a corresponding theme.
Also featured at the community will be “Memories in Motion,” which The Memory Center notes is a comprehensive activities program which pro ides residents with multiple activities each day of the week.
The Memory Center of Richmond represents the company’s second community.
Spectrum Retirement Communities Constructing Arizona Senior Living Project
Denver-based Spectrum Retirement Communities announced this week that construction is underway on its newest senior living community in Chandler, Arizona.
Gardens at Ocotillo Senior Living is set to open in May 2015. Upon completion, the community will offer independent living, assisted living and memory care, as well as Spectrum’s amenities, dining and signature programs.
Residences will range from studio apartments to two-bedroom, two-bath, 1,200-square-foot apartment homes.
The 135,000-square-foot community is Spectrum’s third senior living property in Arizona.
Resident move in for the Gardens at Ocotillo is scheduled for June 2015.
Scottsdale-based MT Builders Companies is spearheading the project and Gastinger Walker Harden + BeeTriplett Buck as architect.
The Douglas Company Begins $6.25 Million Renovation of Florida SNF
Orlando, Florida-based general contracting firm The Douglas Company has begun construction on a $6.25 million renovation project for a skilled nursing facility located in Port Charlotte, FL.
The project calls for a 22,500-square-foot renovation to Port Charlotte Rehabilitation Center and improvements to the existing 38,000-square-foot building.
Construction work includes the renovation of 19 existing patient rooms to incorporate showers into the bathrooms. Upon completion, the new wing will house 28 new private patient rooms and two new shared private rooms.
Additional plans also include two Hydro-Therapy spas, an outpatient therapy gym, skilled therapy gym, two new courtyards and renovations to the bistro/serving kitchen and lobby with a new porte-cochere.
Several technology systems will also be included within the building for nurse call, voice-over and wander management capabilities.
The project, owned by Port Charlotte Healthcare Associates, Ltd.; Depp Creek RNC, LLC, is expected to be completed in March 2015.
Lantz-Boggio Architects provided architectural design for the project.
Erickson Living Debuts Continuing Care Neighborhood at Virginia CCRC
Erickson Living recently introduced a new continuing care neighborhood at one of its CCRCs located in Ashburn, Virginia.
The new addition fulfills the Ashby Ponds’ CCRC commitment to provide all levels of health care to its residents on site.
The new continuing care neighborhood features 132 residences for assisted living, post-acute rehabilitation, nursing care and memory care.
Private apartment suites are also included with full private baths and shows, walk-in closets and granite countertops. Spas and salons, a theater room, “family-style kitchens” and outdoor courtyards are several of the amenities available on site.
Colorado-based Lantz-Boggio Architects designed the Ashby Ponds community, while Whiting-Turner served as the general contractor for the project.
Written by Jason Oliva
Companies featured in this article:
Depp Creek RNC, Erickson Living, Gastinger Walker Harden + BeeTriplett Buck, Lane 4 Property Group, Lantz-Boggio Architects, Methodist Retirement Communities, MT Builders Companies, Port Charlotte Healthcare Associates Ltd., Spectrum Retirement Communities, Tetrad Property Group, The Douglas Company, The LaSalle Group, The Memory Center, Welcov Healthcare, Whiting-Turner