In the Pipeline: Senior Housing Construction Projects (4/24/14)

Construction: Planned

Kendal at Ithaca Plans $39 Million Expansion and Renovation Project

Kendal at Ithaca, a senior living community in New York, recently announced plans for a $39 million expansion that will include renovations to the community’s dining, wellness and fitness programs, among other areas, reports Ithaca.com.

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The 105-acre campus is currently awaiting final approval from the New York State Department of Health and the Department of Financial Services before it can begin its expansion/renovation project this year. 

Part of the expansion includes building new skilled nursing homes, which will increase the number of rooms from 35 to 48 using three separate wings, each containing 16 rooms.

Each wing will include a central kitchen, dining and living room and adjoining outdoor space. 

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Perkins Eastman and Ithaca-based Chiang O’Briend Architects, as well as Trowbridge Wolf Michaels Landscape Architects have all contributed to the design of the expansion.

Officials associated with the project are hoping for a May or June approval from state regulators, so they may begin construction “no later than October.”

Proposal for $35 Million Mixed-Use Development Includes Senior Housing and Shakespeare

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Developers in Statford, Connecticut have proposed plans to redevelop the existing American Shakespeare Festival Theatre into a $35 million mixed-use development that includes senior housing, a smaller theater and dining facilities, reports Stratford Star.

Plans for the senior housing component of the project detail a 120-room building for both independent living and assisted living as well as a waterfront fine dining restaurant and catering facility overlooking the Housatonic River.

The plan is “financially sound and sustainable,” said developer Jack Piccollo of Bridgeport, CT-based P&C Fence Company, in the Stratford Star article.

The name of the organization providing financing for the project is being withheld until the town’s approval process is “further along.” 

New Jersey $12.3 Million Affordable Senior Housing Project Slated for July Start

Construction on a new $12.3 million, 50-unit affordable senior housing project is expected to begin this summer in River Vale, New Jersey, according to officials quoted by NorthJersey.com.

Nonprofit housing developer Domus Corp. is heading the project. The company provides assisted living to adults age 65 and older with incomes of less than $37,000.

Project plans call for 550-square-foot units, each with a maximum occupancy of two, the development of 25 parking spaces and the planting of about 140 new trees to screen the building from neighboring homes. 

The budget for the $12.3 million project includes $8.6 million from the Department of Housing and Urban Development, $253,000 from Bergen County and $3.5 million in tax credits. 

The project is anticipated for a July start with construction lasting about 18 months.  

Construction: In process

Kisco Senior Living Breaks Ground on Raleigh CCRC

California-based Kisco Senior Living has broken ground this week on a new CCRC located in Raleigh, North Carolina, reports Triangle Business Journal.

The development, dubbed Cardinal at North Hills, will be Raleigh’s first licensed CCRC that will offer a month-to-month rental format as opposed to the typical for-sale condominium option, the article notes.

The CCRC will feature 165 independent living residences, plus 60 private apartments for assisted living, memory care and nursing care. 

Kisco Senior Living will manage the community upon construction completion, which it anticipates will be ready for move-in sometime early 2015.

Construction: Completed

Minnesota’s Deephaven Woods Senior Living to Open in May

A partnership between Minnesota-based organizations St. Therese Catholic Church and Ebenezer Society has led to the development of a new senior living community that is ready to open May 1 in Deephaven, MN. 

Deephaven Woods Senior Living is located on a 14-acre site, which is part of St. Therese’s 26-acre church campus. 

The two-story development consists of 78 units of independent, assisted living, memory care and “care suite” apartments.

Community amenities include a chapel, underground parking garage, two-story lobby, outdoor patios, porches, gardens and walking paths, a bistro, club room, community room, movie theater, salon and spa, as well as the opportunity for intergenerational actives via the Church of St. Therese school.

The Deephaven Woods project is another long-term partnership between Minneapolis-based general contractors Kraus-Anderson and Ebenezer Management Services.

Wisconsin Senior Living Community Celebrates Grand Opening of 

Siena on the Lake, a senior living community in Racine, Wisconsin, is celebrating the grand opening of the first phase of their campus transformation this week. 

Eppstein Uhen Architects created a financially feasible repositioning solution to transform the campus through master planning and design. 

The reposition allows the Racine Dominican Sisters to continue to live and teach at Siena on the Lake in addition to incorporating additional continuing care options through the Lincoln Lutheran network.

The first phase has relocated the retreat center and the residences belonging to the Dominican Sisters to brand new buildings, which feature private rooms and bathrooms for retreat guests, a variety of meeting rooms, a bookstore, dining rooms and lounges. 

With the new construction completed, the existing buildings are now available for alterations.

A full spectrum of care including independent living apartments, long-term nursing, memory care and rehab will be added in future phases of development. 

The various phases of the project are scheduled to reach completion in 2015.

Written by Jason Oliva

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