In the Pipeline: Senior Housing Construction Projects (7/30/15)

(Ventana by Buckner – Photo courtesy of Buckner Retirement Services)

Construction: Planned

Buckner Senior Living Reveals Renderings of Dallas High-Rise CCRC

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Texas-based Buckner Senior Living, a not-for-profit organization that is part of Buckner International, recently revealed new renderings of its latest project: a high-rise continuing care retirement community (CCRC) called Ventana by Buckner.

Scheduled to break ground in 2016, Buckner has already opened the Information Center for the 189-apartment community to be located in Dallas’ Park Cities area.

Following its March 2014 announcement, Buckner staff members have been working with prospective residents, including Priority Club members who have the opportunity to reserve their apartment and provide input on Ventana’s design and amenities.

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Fully-staffed, the Information Center features a 3-D model, video virtual tour, full renderings of the project, along with site and floor plans that are now open in One Lincoln Park Building in Dallas.

Ventana by Buckner will be a Life Care CCRC situated just west of North Central Expressway overlooking North Dallas. The community will join seven other CCRCs in Texas operated by Buckner Retirement Services, which is the second-largest non-profit senior living provider in Texas.

The new community plans to begin welcoming residents in late 2018.

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Validus Senior Living Bringing NFL Community to NOLA Area

Kenner, La. will soon be home to one of the 33 properties that comprise a pipeline between Tampa, Fla.-based Validus Senior Living and the NFL Alumni Association, reports The New Orleans Advocate.

Last week, the Kenner City Council approved a plan for Validus to build a 104,000-square-foot senior living community to accommodate up to 160 residents on a nine-acre that sits adjacent to Ochsner Medical Center-Kenner.

When complete the community, dubbed “Inspired Living at Kenner,” will feature a memory care clinic, a dog park, swimming pool, putting free, walking path, ponds and a fishing pier.

Investment bank Piper Jaffray is spending $1.1 billion on the project pipeline between Validus and the NFL Alumni Association.

Construction: In process

Ryan Companies, Life Care Services Begin $40 Million Project in Ill.

Des Moines, Iowa-based Life Care Services, an LCS company, and the Great Lakes region of Ryan Companies U.S., Inc., this week broke ground on Clarendale of Algonquin, a $40 million senior living community that will offer independent living, assisted living and memory care in the Chicago suburb, from which it derives the latter half of its name.

A 186-unit community, Clarendale of Algonquin is expected to open in fall 2016. Unit mix breaks down into 76 independent living units, 56 assisted living units and 54 memory care units.

The three-story building will be built with myriad unit configurations based on the type of care. For example, independent living units may include one-bedroom; one-bedroom plus den and two-bedroom floor plans ranging from approximately 720- to 1,285-square-feet.

Assisted living and memory care units will include studio, convertible, and one- and two-bedroom apartments ranging in size from 310- to 835-square-feet.

Amenities featured at the new community will be a movie theater; a crafts room; bistro; a pub and billiards room; a club room; a library; living rooms furnished with fireplaces; a vaulted multipurpose room; a wellness center with a full-service salon; a fitness room; and a private patio and courtyard.

Harrison Street Real Estate Capital and PFB Architects—both of Chicago—are also working on the project.

Brasfield & Gorrie Construction Firm Building Two Ga. Communities

One of the nation’s largest privately-held construction firms, Brasfield & Gorrie, is underway on two senior living projects in the Atlanta metropolitan area.

The firm recently broke ground on Sterling Estates of West Cobb and the Somerby of Sandy Springs community—two projects that the company says reflect the increasing demand for new senior living facilities across the Southeast.

Located on the west side of Marietta, and within close proximity to restaurants, retail shops and health care facilities, the $51 million, 25-acre Sterling Estates of West Cobb will include a 90-unit, 102,000-square-foot assisted living building, along with two 21-unit, 24,000-square-foot independent living apartment buildings.

Additionally, the community will also feature up to 58 independent living cottages and garden homes. Amenities will include an indoor heated swimming pool, a wellness center and walking trails.

Brasfield & Gorrie have teamed up with owner West Cobb Senior Living LLC and architect Rule Joy Trammell + Rubio on this project, which will be completed in August 2016.

Somerby at Sandy Springs will be a luxury 250,000-square-foot community offering 200-units of independent living, assisted living and memory care. Located on six acres, the community will offer amenities like multiple theater rooms, covered parking and a wellness center featuring individual and group fitness areas, a medical clinic and an indoor water aerobics pool.

For this project, which is expected to be completed in December 2016, B&G is teaming up with owner Dominion Partners as well as Rule Joy Trammel + Rubio.

Currently, Brasfield & Gorrie has seven senior living projects planned or underway in the Southeast. Altogether, these projects have a total construction value of approximately $230 million.

Dominion Senior Living Breaks Ground in Bristol, Tenn.

To mark the official start of construction, Dominion Senior Living this week held a dedication and groundbreaking ceremony to celebrate the future site of Dominion Senior Living of Bristol.

The $5.25 million community will provide housing for up to 60 residents living with Alzheimer’s or other forms of dementia, though seniors who don’t need memory care can also benefit form the assisted living help the new community will provide as well.

A large courtyard at the community will include picnic areas, games and sensory gardens designed with features to engage residents living with dementia. These gardens will encourage touch and interaction with the soil and plants, with all vegetation safe for ingestion.

Dominion Senior Living of Bristol is less than 10 miles from Bristol Motor Speedway and Twin City Medical Center. The community is also conveniently located near shopping, churches, doctors’ offices and banks.

Caddis Partners with Pathway Senior Living on Peoria, Ill. Community

Dallas-based health care real estate firm Caddis is partnering with Des Plaines, Ill.-based Pathway Senior Living LLC, to operate the Caddis’ latest Heartis project currently under construction in Peoria, Ill.

Heartis Peoria is the first product of the new partnership between the companies. The development is a 94-unit, three-story, 97,000-square-foot assisted living and memory care community.

When complete, Heartis Peoria will offer a variety of amenities and features, including a salon and spa with therapeutic tub; two interior courtyards; a large dining room and a private dining room; an arts and crafts room; media room; daily specialized services; licensed nursing services; beautifully landscaped grounds; and high-quality finishes.

The community will also feature a 24-hour emergency call system; housekeeping and laundry services; personal transportation; along with assistance with activities of daily living.

Heartis Peoria is expected to be completed in the fall of 2016.

The architect for the project is Austin, Texas-based KATUS, and the general contractor is McShane Construction Company LLC, which is headquartered in Rosemont, Ill.

Construction debt financing is being providing by Bank of Texas.

Sagewood CCRC Embarks on $13.2 Million Expansion Project

The 292-residence Phoenix-based CCRC is expanding its onsite Acacia Health Center to double in size, adding another 36,300-square-feet to the existing facility.

The addition of 60 beds will include a 20-bed memory care neighborhood and 40 skilled nursing suites which will all be Medicare certified.

Amenities will include three neighborhood dining rooms, three activity kitchens and four neighborhood living areas.

Designed to meet the future needs of its residents, the expansion will also allow for public access to the skilled nursing suites, providing sub-acute rehabilitation services where Medicare Part A benefits can be utilized. Pubic access to the new memory care neighborhood will also be available, too.

Currently, Sagewood’s Acacia Health Center features 10 assisted living apartments, 38 skilled nursing care suites (all Medicare certified) and a rehabilitative therapy center.

Construction is currently underway, and financing for the expansion project closed in late May of this year. Project completion of the expansion is planned for the second quarter of 2016.

The Weitz Company will serve as the general contractor and the architect is Todd & Associates, both of Phoenix. The interior designer is St. Louis-based Spellman Brady Company.

Life Care Services and Westminster Funds are the joint-venture partners of Sagewood.

Evangelical Lutheran Good Samaritan Society to Manage New Minn. Community

The Lodge of Taylors Falls is a new assisted living community currently under construction in Taylors Falls, Minn. that will be managed by the Evangelical Lutheran Good Samaritan Society, a not-for-profit senior housing and services provider based in Sioux Falls, S.D.

The community, which is slated to open in early fall 2015, is nestled on three acres of woods, paying homage to its lodge namesake.

Seniors calling The Lodge home will be able to access community amenities like the spa, which features a soaking whirlpool tub and on-site hair care. Outdoor walking trails will also be featured on the campus grounds.

Each Lodge apartment suite features a tea kitchen, living room, bedroom and bathroom with shower as well as a wearable personal response pendant with fall sensor technology.

The Lodge of Taylors Falls is now accepting reservations for apartments.

CBC Real Estate Group, Oxford Senior Living Partner on $15 Million Dallas Project

CarrBaierCrandall (CBC) Real Estate Group has partnered with Wichita, Kan.-based Oxford Senior Living to develop a new assisted living and memory care community in the north Dallas community of McKinney, Texas.

Construction began this week on the 70,000-square-foot, $15 million Oxford Grand Assisted Living and Memory Care facility located just north of Eldorado Parkway on Orchard Drive.

The project, which is the second between a joint-venture partnership between the two companies, is modeled after The Oxford Grand in Wichita, which opened in November 2013.

To this extent, it will offer 51 assisted living apartments and an additional 22 memory care suites dedicated for memory care. In terms of amenities, the community will provide residents with access to a coffee bar, restaurant-style dining, a private fitness center, a demonstration kitchen and more.

In addition to CBC and Oxford, the project team for the McKinney development also includes Crossland Construction Company, Inc. and LK Architecture.

CBC and Oxford anticipate the new community to be complete in September 2016.

Construction: Completed

Green Acres Assisted Living Community Opens in Wayland, Mich.

Retirement Living Management of Lowell, Mich., recently opened the doors of Green Acres Assisted Living Community in Wayland, Mich., reports MLive.

Green Acres features personalized apartments on what has been dubbed “Park Avenue,” a part of the community that offers an interior streetscape lined with trees, park benches, canopies and old-fashioned street lights.

The community’s “Town Square” segment includes a salon/beauty salon, a post office, pharmacy, cafe and restaurant.

Retirement Living Management currently operates 16 senior living communities in Michigan.

Written by Jason Oliva

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