In the Pipeline: Senior Housing Construction Projects (11/13/14)

Construction: Planned

Ryan Companies Plan Senior Living Community for Sioux Falls, SD

Minneapolis-based developer Ryan Companies received approval from the Sioux Falls Planning Commission to build a 145-unit senior housing community near Lake Lorraine in Sioux Falls, South Dakota, reports local Keloland TV.

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Grand Living, as the project is dubbed in Ryan Companies’ plans, is planned for the Lake Lorraine Lifestyle Center on the southeast corner of the lake.

Of the 145 proposed units, 69 will be reserved for independent living, 40 for assisted living and 36 units for memory care. Further details on the project are still to come.

Bickford Senior Living Eyes Two Sites for New Virginia Projects

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Kansas-based Bickford Senior Living has plans to construct two senior living communities in Virginia’s Chesterfield and Henrico counties as the company makes its first foray into the state, reports Richmond Biz Sense.

Though it has yet to close on either site, Bickford is reportedly eyeing a 4.5 acre location in Chesterfield and a 7.58 acre site in Chesterfield. The company will go before each of the counties’ respective Planning Commissions this month to seek rezoning requests.

Each 37,000-square-foot building will take about a year to build, said the attorney representing Bickford in the article.

Missouri Regulators Approve Plans to Build Green House Homes

Last week, The Healthcare Facilities Review Committee of the Missouri Department of Health and Senior Services unanimously approved an 80-bed Certificate of Need to St. Charles, MO-based Focused Senior Communities to build and operate eight Green House Homes in Ozark.

The homes will be the first in the state of their kind, reported The Green House Project, an organization that specializes in building these facilities whose concept is based on reinventing the traditional skilled nursing facility.

Each of the eight homes will encompass 7,000-square-feet and will include a central dining room, heart room and open kitchen surrounded with 10 private bedrooms, each with a full private bathroom. Additionally, a screened porch will also be featured, leading out to a patio.

Focused Senior Communities plans to break ground in the spring and be open by late fall 2015.

Construction: In process

Woodlands Senior Living Breaks Ground on $6.5 Million Memory Care Project

Waterville, Maine-based company Woodlands Senior Living broke ground this week on a new $6.5 million memory care facility in Lewiston, ME.

The 64-bed community is the first purpose-built, ground-up memory care facility in the Lewiston-Auburn area designed to meet the area’s growing demand for memory care services in Central Maine, Woodlands said in a release.

Currently, Woodlands operates six other assisted living and memory care locations throughout Maine. Each one features a modern, secure environment as well as trained staff committed to serving the residents living at each property, the company stated.

Avanti Senior LIving to Open Welcome Center for Upcoming Community

The Woodlands, Texas-based Avanti Senior Living will open a welcome center this weekend to provide prospective residents and their families a first glimpse into its forthcoming community currently under development in Cypress, Texas, reports Houston Chronicle.

Starting November 15, Avanti will open the welcome center for its community Avanti at Towne Lake, allowing the public to view features of the units that will comprise its facility once it opens next summer.

The welcome center unit will feature the same finishes, furniture, cabinets, sinks and flooring that will be in the Towne Lake suites. The center will also have three-dimensional renderings and pictures to show the community’s layout and design.

When complete, Avanti at Towne Lake will consist of 50 assisted living suites and 40 suites dedicated for memory care. Large windows, both wood and carpet flooring, walk-in closets, oversized showers, stone countertops and upgraded plumbing finishes will also be included within the community’s suites.

Amenities for the community include a wellness center, theater, full-service salon and spa, an art studio, among other services.

Construction: Completed

National Church Residences Celebrates Renovation of Senior Apartments

Last month, not-for-profit senior housing provider National Church Residences (NCR) celebrated the completion of a $2.2 million renovation of an affordable senior housing apartment complex in Toledo, Ohio.

The renovation of NCR’s Arlington by the Lake community, a 51-unit apartment complex for low-income seniors, included an updated community room and kitchen, a three-season room with a patio, a fitness center, a business center and a new lobby.

The building systems were also improved as a result with updated fire suppressor systems, new air conditioning units, new windows, doors siding, root, landscaping and property sign.

The $2.2 million reflect the actual construction costs, with additional funds used for fees and development. The renovation was also funded by a loan from Lancaster Pollard, short-term bonds issued by the Ohio Housing Finance Agency (OHFA) and purchased by Bank of America, OHFA R-TCAP bridge loan and monies from National Church Residences.

Project architect for the renovation was Columbus, Ohio-based Berardi + Partners, and Snavely Construction of  was the contractor.

Colo. Affordable Senior Housing Community Opens First Green House Homes

Late last month, the campus of Mirasol Senior Living Community in Loveland, Colorado, celebrated the opening of its first Green House homes.

The $17 million project created six Green House homes, with each including 10 private bedrooms and bath, an open kitchen, a hearth area along with a variety of other open spaces meant to foster socialization among its inhabitants.

The Green House Homes at Mirasol was spearheaded by The Green House Project, which is part of Capital Impact Partners, a certified community development institution that led the financing for the project.

Additional funding for the project included a $2 million grand from The Harry and Jeanette Weinberg Foundation; program related investments from the AARP Foundation and the Robert Wood Johnson Foundation; $2.5 million New Market Tac Credits; $3.4 million in ta credit equity from JPMorgan Chase; plus a land donation by the Loveland Housing Authority.

Written by Jason Oliva

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