In the Pipeline: Senior Housing Construction Projects (7/13/14)

Construction: Planned

Bonaventure Senior Living Plans 144-Unit Complex in Colorado

Salem, Oregon-based Bonaventure Senior Living is planning to develop an upscale 144-unit senior living complex in Pueblo, Colorado, reports The Pueblo Chieftan.

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The planned development will feature units for independent, assisted living and memory care, according to a letter filed with Pueblo’s planning department as noted in the article.

Lutheran Senior Services to Embark on $22M Expansion Project

Concordia Village, a senior living community that provides assisted living, skilled nursing and short-term rehabilitation services in Springfield, Illinois, is planning to kick off a $22 million addition this year, reports The State Journal-Register.

Concordia Village’s not-for-profit parent corporation, St. Louis-based Lutheran Senior Services, is planning a construction project that will add 70 independent living units to the community beginning in late summer or early fall, with construction expected to finish in late 2015 or early 2016. 

Currently, the complex includes a 64-bed nursing home, 48 assisted living apartments, 23 patio homes and 111 independent living apartments. 

In addition to the 67 units the new project looks to tack on, the expansion will also include an indoor swimming pool, expanded fitness center and an additional activity room.

Avanti Senior Living Buys 6.4 Acres in Shenandoah, Texas

The Woodlands, Texas-based developer and operator Avanti Senior Living recently purchased 6.4 acres of land in Shenandoah’s Vision Park planned development district to be used as the site of its newest project, Avanti at Vision Park, reports The Potpourri.

While a groundbreaking is scheduled for mid-August, project plans call for 50 assisted living and 40 memory care units to be located within the 60.9-acre district  that runs between St. Luke’s The Woodlands Hospital to the north and Memorial Hermann The Woodlands Hospital to the south.

Amenities will include multiple dining venues, full-time concierge services in a boutique environment, outdoor porches on many residences and a technology system providing monitoring and communications services to connect residents with their families and care teams.

Construction: In process

MorningStar Senior Living Breaks Ground on Three Assisted Living Communities

Colorado-based MorningStar Senior Living announced this week that it has broken ground on three assisted living and memory care communities in Glendale, Arizona and the Colorado markets of Fort Collins and Boulder. 

In June, the company broke ground on its $18 million community in Glendale, MorningStar at Arrowhead, which will feature 60 suites for assisted living and 25 suites devoted for memory care. Unit sizes will range from 330-square-feet to over 600-square-feet for one- and two-bedroom suites.

Denver-based OZ Architecture, Phoenix-based Thoma-Holec Design and Saunders Construction of Centennial, Colorado also partnered on the project. 

The Fort Collins development is also an $18 million project, however, it features 55 assisted living and 23 memory care suites. Unit sizes range from 350- to 800-square-feet.

Dubbed MorningStar of Fort Collins, the project featured architecture provided by Rosemann & Associates of Denver; as well as Thoma-Holec Design and Saunders Construction.

The priciest development of the three projects is MorningStar of Boulder, a $25 million project that will feature 48 assisted living and 46 memory care suites, with units ranging from 310- to 700-square-feet.

Denver-based Lantz-Boggio Architects, Thoma-Holec Design and Haselden Construction of Centennial, CO, are also working on the development.

Both MorningStar of Glendale and MorningStar of Fort Collins are scheduled to open in June 2015, while the Boulder property is slated for a July 2015 opening.

Silverstone Healthcare Company Underway on 120-Unit Assisted Living Project in Texas

Dallas-based developer Silverstone Healthcare Company recently announced it has broken ground on a 120-unit assisted living and memory care development in Plano, Texas, reports MultiHousingNews.

Project plans include a wellness center, multiple dining venues, including private dining and outdoor venues, as well as an exhibition kitchen and bistro/coffee bar. 

Once complete, HarborChase will be operated by Vero Beach, Florida-based Harbor Retirement Associates.

Dallas-based BOKA Powell and Design Associates are serving as the architect and interior designer, while Rogers-O’Brien Construction is serving as the contractor. Construction funding was provided by Texas Capital Bank. 

Maplewood Senior Living Nears Completion of Conn. Memory Care Project

Scheduled to open November 2014, Maplewood Senior Living held a “dusty shoe tour” last month as it nears completion of Maplewood at Stony Hill, the company’s latest memory care and assisted living community in Bethel, Connecticut. 

Designed as an 84-unit community, the $19 million project consists of a mix of private, deluxe studio and one-bedroom apartments. 

Maplewood is also utilizing a modified “small house” concept in designing the building, incorporating smaller neighborhoods that will each provide its own services and amenities. 

Additional amenities include libraries, a spa, outdoor gardens, terraces and porches.

Construction: Completed

The LaSalle Group Opens New Autumn Leaves Community Near San Antonio

Irving, Texas-based developer The LaSalle Group this week has opened another one of its flagship Autumn Leaves memory care communities in north central San Antonio—its first property in the area. 

Autumn Leaves of Stone Oak is a 30,000-square-foot, $10.7 million community providing memory care to nearly 50 residents. 

The community will feature a variety of life engagement programs, continuing education and lifestyle activities, as well as a number of amenities, including a full service beauty and barber salon, on-site caregivers and chef-prepared meals.

Autumn Leaves of Stone Oak is located approximately 19 miles north of downtown San Antonia and approximately three miles from Methodist Stone Oak Hospital and North Central Baptist Hospital. 

Leo Brown Group Opens Two Indianapolis-Area Communities

Carmel, Indiana-based developer Leo Brown Group this week announced the opening of two senior living communities in the Indianapolis area, along with the construction of two new projects in Ohio and Kentucky.

Combined, the four projects total $66 million in new investment by the company. Leo Brown Group will run the day-to-day operations of each of the communities through its management company affiliate, Traditions Management. 

Traditions at Solana opened its doors in early June. The $16.7 million 105-unit community provides a full continuum of care from independent living, to assisted living and memory care. 

Traditions at Reagan Park, located in Avon just west of the Indiana University Health West hospital campus, also opened in early June. A $11.5 million development, the community provides 82 units of assisted living and memory care. 

Breaking ground in Granville, Ohio, Middleton of Granville is Leo Brown Group’s first senior living community developed in Ohio. The product of a joint venture between LBG and Columbus, Ohio-based Continental Real Estate Companies, this $18.3 million project consists of 94 assisted living and memory care units.

Beginning construction this month, Traditions at Beaumont is LBG’s first development in the state of Kentucky, located within the southeastern Louisville suburb of Fern Creek. Consisting of 130 independent living, assisted living and memory care units, the $19.5 million project will be part of the larger Beaumont residential development that offers single family homes designed primarily for empty nesters. 

The Kalyvas Group Completes Two Assisted Living Communities in Florida

Florida-based firm The Kalyvas Group this week announced the completion and opening of two assisted living and memory care communities in the Tampa Bay Area. 

Seasons Largo, a $12 million, 53,800-square-foot project located in Largo, FL, is now accepting residents, while Seasons Belleair, located in Belleair, FL, is open for tours seven days a week.

Autumn Senior Living, an assisted living development and management company that has managed over 45 properties totaling 3,600 units, will handle the day-to-day operations of Seasons Largo, Seasons Belleair and the upcoming Seasons Northdale community.

The Seasons family of assisted living and memory care communities are designed through consultation with the USF Health Byrd Alzheimer’s Institute. 

Written by Jason Oliva

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