(Edgemere Cocktail Lounge – Photo Courtesy of Senior Quality Lifestyles Corporation)
Dallas CCRC Plans $36 Million Expansion
Edgemere, a continuing care retirement community (CCRC) in Dallas, will soon begin a large-scale expansion and renovation project to address the growing demand for senior living options in the area.
Financing for the project was completed through the sale of $36 million in series 2015 bonds, according to a release from Senior Quality Lifestyles Corporation (SQLC), which sponsors Edgemere.
The renovation project is designed to bridge the gap between the Italian elegance of Edgemere is known for and the modern luxuries that current and future retirees are looking for.
One of the highlights of the construction project will be the addition of a brand new 6,000-square-foot performing arts center will be built to provide a larger abundance of entertainment options. The nearly two-story building will be located in the community’s center courtyard and will house a bar and lounge, arched ceilings with exposed wooden beams and a stage for speakers and performers.
An extensive renovation is also planned for the community’s two dining that, when finished, will embrace the look and feel of restaurants in Italy.
The Medici Dining Room will serve steak, seafood and chops and will provide beer and wine tap services. Additionally, a new bar and lounge area with fireplace will be added for pre- and post-dinner cocktails.
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Edgemere’s Portobella Cafe will be expanded and will continue to provide a more casual dining atmosphere and food options. It will also feature an exhibition kitchen design and diner-style seating and appearance.
The Plaza at Edgemere will also be undergoing an extensive expansion that will add eight new assisted living apartment homes, 12 new memory support suites and 15 new skilled nursing private suites.
Andres Construction will be the general contractor for the project, while AG Architecture will be the design firm. Other project partners include interior design firm Looney & Associates; design consultants Faulkner Design Group and Kimley-Horn. Ziegler Capital Markets served as bond underwriter for the bond transaction.
Construction is expected to begin August 2015, with a scheduled completion targeted for the first quarter of 2018.
Construction: In process
Spectrum Underway on Sitework for Chicagoland Community
Denver-based Spectrum Retirement Communities has announced construction plans for Green Oaks Senior Living, launching the transformation of the area surrounding the former Jamaica Gardens Nursery site in Libertyville, Ill.
Slated to open in late 2016, the community will offer seniors a wide range of living options, all featuring luxury amenities at an affordable price, including flexible month-to-month leasing options, Spectrum stated in a release.
The 200,000-square-foot community is located at 14595 W. Rockland Road. It will feature 110 independent living and 60 assisted living residences ranging in size from studio apartments to two-bedroom lakeside cottages.
Residents will be able to take advantage of the community’s “top-flight” amenities, Spectrum said, which include chef-prepared dining, the Colors of Spectrum wellness programs and entertainment activities—as well as exterior walking paths through the community’s gardens.
The community will also feature 24 memory care residences and Spetrum’s unique Residence Club, which allows residents with mild cognitive impairment to stay in an assisted living apartment and receive additional support from a dedicated Life Enrichment Specialist.
Senior Lifestyle Corp. to Break Ground on New Fla. Community
Chicago-based Senior Lifestyle Corporation will officially break ground June 5 for The Sheridan at Cooper City, an 111-unit assisted living and memory care community in Cooper City, Fla.
The Sheridan at Cooper City will open in late 2016 and will feature 72 assisted living and 39 memory care apartments purposely built and programmed to support those with Alzheimer’s.
At the community, residents will have access to 20,000-square-feet of common space with dining rooms, living rooms, an internet cafe, an art studio, salon, fitness center and physical therapy spaces.
PruittHealth Announces New Skilled Nursing Center in Atlanta
PruittHealth announced this week its official expansion in Atlanta with a new skilled nursing and rehabilitation center.
PruittHealth – Virginia Park spans 3.6 acres in Atlanta’s Virginia-Highland. The 40,302-square-foot building will allow PruittHealth to offer high-quality post-acute care services to 128 beds and 18 specialty vent bends.
The new skilled nursing center is located at 1000 Briarcliff Road in Atlanta.
Aptura-Designed Life Care Services Community to Open in Fla.
A newly constructed assisted living and memory care community designed in partnership with Direct Supply’s Aptura division and Life Care Services plans to open its doors next week in North Port, Fla.
The Springs at South Biscayne features interior design that blends Mediterranean influences with a residential feel meant to convey vitality and well-being, with color schemes that include use of warm woods, painted millwork and strong earth tones.
Dedicated exclusively to senior living, Aptura is a nationally recognized development services firm that offers a comprehensive suite of services to support projects from start to finish. The company is part of Direct Supply, a leading provider of equipment, eCommerce and service solutions to the senior living industry.
Integral Senior Living-Managed Community Breaks Ground in Fresno, Calif.
Carlsbad, Calif.-based Integral Senior Living (ISL) this week announced a new community it is managing has recently started construction in Fresno, Calif.
Kingston Bay Senior Living, a new assisted living and memory care community located in northwest Fresno anticipates opening in spring 2016.
The community represents a commitment to provide a warm and nurturing environment combined with the next generation of senior care technology for its residents, ISL stated in a release.
Sitting on four acres, the 86,467-square-foot community will have 107 residences, which will consist of 61 one-bedroom and 22 studio bedroom assisted living apartment homes, along with 24 memory care residences.
Quiring General, a senior care construction company headquartered in Fresno, is building the project.
Brookhaven Manor Celebrates Grand Re-Opening in Ann Arbor, Mich.
Brookhaven Manor, an age 55 and older luxury, independent living community, recently completed renovations to its campus is Ann Arbor, Mich., the community announced last week.
The 138-apartment home community has undergone a major remodeling to the dining room, library, salon, media room, great room and living room, while also adding several new amenities, including a café, outdoor patio and casual dining area, fitness center, and new tech enhancements such as computer stations with internet access, enhanced Wi-Fi and an expanded “quiet” library reading area.
A grand re-opening and ribbon cutting is scheduled for Friday, June 5 at the Ann Arbor community located at 401 West Oakbrook Drive.
Brookhaven Manor is managed by Fourmidable of Bingham Farms, Mich., a national real estate management company specializing in senior and family apartment communities.
Renovations were designed by Fusco, Shaffer & Pappas, Inc., based in Ferndale, Mich. The construction manager was Taylor, Mich.-based J.S. Vig Construction Company. Interior finishes and furnishings were designed by InnerSpace Design of Ann Arbor.
National Homebuilder Debuts First 55+ Community in Austin
Taylor Morrison Home Corporation (NYSE: TMHC), a national homebuilder and developer based in Scottsdale, Ariz., last week announced the debut of its first age 55-plus community in Austin, Texas: Heritage at Vizcaya.
The community, built under TMHC’s “Taylor Morrison” brand, will debut six new models with three distinct series: the Landmark, Pinnacle and Summit, totaling 12 floor plans. Each series has its own unique style, with homes at Heritage at Vizcaya ranging from approximately 1,536- to 3,046-square-feet.
Pricing starts in the mid-$200,000s, Taylor Morrison stated in a release.
Each home at Heritage will feature an open layout, spacious master suite, gourmet kitchen and many upgrade options. Within each home, there will also be energy-efficient options, tech-ready wiring and floor plan configurations.
Heritage at Vizcaya is the second 55+ neighborhood to open from Taylor Morrison this year, joining the company’s Esplanade development in Orlando.
The company’s Skyestone Denver and Bonterra at Woodforest communities opened in 2014, and more 55+ communities are being slated for Taylor Morrison.
USA Properties Fund Holds Grand Opening for Affordable Senior Housing in Sacramento
California-based developer USA Properties Fund Inc. is holding a grand opening celebration June 4 for Arbor Creek Senior Apartments, an affordable senior living community in Sacramento, Calif.
As an affordable-designated community, Arbor Creek Senior Apartments is for seniors age 55 years or older who earn 60% or less of the area median income for Sacramento County. Rents range from $545 to $609 for the one-bedroom apartments, and $653 to $730 for the two-bedroom units.
For the project, USA Properties partnered with Riverside Charitable in the development of the 60-unit apartment community, which features 48 one-bedroom and 12 two-bedroom units.
Amenities at the community include a 1,676-square-foot community center that includes a computer room, fitness center and kitchen for residents. Arbor Creek Senior Apartments also include environmentally-friendly features such as a storm-water management filtering system and water-efficient landscape and irrigation design.
The County of Sacramento, Sacramento Housing and Redevelopment Agency and US Bank Community Lending are partners on the $14.1 million project.
The community is located at 8340 Elk Grove Florin Road in Sacramento, just outside the City of Elk Grove.
Discovery Village Senior Living Facility Opens in Naples, Fla.
The Henning Group has completed construction of the Discovery Village Senior Living Facility in Naples, Fla., a 120,000-square-foot community with 120 resident units.
The facility includes three-story assisted living and independent living winds, along with an attached self-contained one-story memory care unit.
A main floor common area includes the community’s “Legends” Club & Bar, a living area with a gas fireplace, the “Sensations” dining room with an exhibition kitchen, a private dining room and a full-service restaurant-style kitchen. Also featured is a therapy pool and wellness center, and Bailey’s Bistro and Ice Cream Parlor.
The second floor common areas boast numerous amenities as well, including a multi-purpose theater with a movie screen and cinema-style seating; a card room; library/media center; arts and crafts; and an activity director.
On the third floor of the facility lies the community salon and spa, where residents can get haircuts, manicures and massages.
Within its self-contained area, the memory care wing will enjoy its own amenities, including a country kitchen and dining room, activity areas, family and living rooms, beauty salon and spa.
Outside, multiple courtyards, gardens for planting, lawn game activities and trails offer residents additional opportunities for activity and socialization.
Discovery Village is in the final stages of obtaining operating licenses and residents are scheduled to begin moving in to their new units in June 2015.
Cincinnati Firm Launches LEED Senior Apartments Near Atlanta
Cincinnati-based firm Sol design + consulting announced this week that it has received LEED Silver certification from the U.S. Green Building Council for Panola Gardens, a senior living community in Lithonia, Ga.
The 80-unit building, developed and operated by nonprofit provider National Church Residences, offers affordable homes to adults age 55 and older with moderate incomes.
As part of their sustainable, green building design, the apartment homes at Panola Gardens feature ENERGY STAR appliances, high-efficiency heating, cooling and lighting, Grade I high-performance insulation, water-efficient plumbing fixtures and landscaping design, low VOC finishes, Green Label Plus carpet and Forest Stewardship Council sustainably grown and harvested wood components.
Creating a high-performance living environment on a budget is a rewarding challenge, said Sanyog Rathod, AIA, LEED AP+ Homes, and CEO of Sol.
“The marginal investment in green building begins paying back immediately, through reduced energy and water bills, and a healthier indoor environment for residents,” Rathod said. “Panola Gardens is an excellent expression of this common sense approach to serving the market.”
Written by Jason Oliva
Companies featured in this article:
AG Architecture, Andres Construction, Direct Supply Aptura, Fourmidable, Fusco Shaffer & Pappas, InnerSpace Design, Integral Senior Living, J.S. Vig Construction Company, Life Care Services, National Church Residences, PruittHealth, Quiring General, Senior Lifestyle Corp., Senior Quality Lifestyles Corporation, Sol design + consulting, Spectrum Retirement Communities, Taylor Morrison, The Henning Group, USA Properties Fund, Ziegler Capital Markets