In the Pipeline: Senior Housing Construction Projects (9/24/15)

(Symphony of Dyer – photo courtesy of Mainstreet and Symphony Post Acute Network)

Construction: Planned

Methodist Retirement Communities Plans Texas Senior Living Community

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Methodist Retirement Communities recently announced plans for the development of a new independent, assisted living and memory care community in College Station, Texas.

The not-for-profit organization anticipates a mid- to late-September closing on the purchase of 12 acres of land located off Texas Highway 6 Frontage Road near the Christ United Methodist Church.

Plans for the yet-to-be-named community initially include 72 independent living condo-style flats, 24 assisted living apartments and 18 memory support suites, with room for future expansion.

Each of the community’s three five-story buildings will house six flats per floor with a common living room and kitchenette on each floor as well.

The entire community will also feature a clubhouse with restaurant, outdoor living spaces and dedicated space for activities, fitness and wellness programs.

The College Station city council recently approved a tax-exempt bond financing for the development.

Once the independent living flats are 75% reserved, Methodist Retirement Communities says it will finalize securing construction financing and begin building, with a projected completion date in, or before, 2018.

Koelsch Senior Communities to Begin Construction on Ill. Memory Care Project

On October 2, Koelsch Senior Communities will break ground on Lakeview Memory Care Community in Bloomingdale, Ill., the company announced last week.

Upon its opening, slated for winter of 2016, Lakeview Memory Care Community will provide care for up to 65 residents in over 33,000-square-feet. The community will offer private, neighbor and shared accommodations paired with a multitude of amenities, including picturesque courtyards, raised resident gardens and a beauty shop.

Located at 241 East Lake Street, Lakeview Memory Care Community is being developed by RJ Development.

Emmett Koelsch Construction will act as the general contractor, while local companies will be utilized for the engineering and construction of the community.

Another project, Northbrook Inn Memory Care in Northbrook, Ill., is under development and expected to complete construction in summer 2016.

Franciscan Ministries Plans $4 Million Renovations for Affordable Housing Community

Franciscan Ministries will undertake nearly $4.1 million worth of renovations to preserve Colony Park, a multifamily property for seniors located in Carol Stream, Ill.

Property improvements as part of the community renovations will include complete window and patio door replacements, new roofing, parking lot improvements, and new heating and cooling units for all 284 units.

The renovations are made possible by recapitalizing a $16 million first mortgage through Berkadia Commercial Mortgage. Franciscan Ministries secured a 35-year, fixed rate loan through HUD’s 223(f) insured loan program, which Colony Park will use to refinance prior debt on the property and help facilitate the renovations.

The project also enables units to be subsidized in cooperation with HUD and the Aurora Housing Authority.

Franciscan Ministries was incorporated in 1983 as the holding company for Wheaton Franciscan Healthcare’s housing entities and is sponsored by the Wheaton Franciscan Sisters.

LifeCenters Development Group Announces Plans for Resort-Style Project

Tenn.-based LifeCenters Development Group announced this week that it plans to break ground first quarter of 2016 on a resort-style independent, assisted living and memory care community in Huntsville, Ala.

Early design plans call for the facility to have 32 independent living units, 52 assisted living units and 24 memory care units.

The Legacy LifeCenters at Hampton Cove master planned development will follow a resort theme within its setting in the heart of a Robert Trent Jones golf course of Hampton Cove.

Preliminary plans note amenities will include a spa, beauty salon, movie theater, fitness center, wellness center, multiple lush courtyards, an adjacency to a medical office building and a quality restaurant within the development.

The Legacy LifeCenters at Hampton Cove will be located at Old Highway 431 and Mill Run Road, Owens Cross Roads, Ala.

Construction: In process

The Wingate Residences Breaks Ground on Independent Living Apartments

Last week, the Wingate at Needham Campus in Needham, Mass., hosted a groundbreaking ceremony to celebrate the expansion of its independent living offerings.

The event marked the start of construction of 52 one- and two-bedroom independent living senior apartments—an expansion that addresses the high demand for these types of residences at the community, Wingate Healthcare said in a release.

Wingate at Needham offers the full continuum of care for residents via The Wingate Residences and the Wingate at Needham’s 142-bed skilled care center that delivers short-term rehabilitation, post-acute and long-term care.

New $121.5 Million Development to Include Affordable Senior Housing 

The City of Hayward, Calif., this week celebrated the groundbreaking of three new residential communities that will provide 151 affordable family and senior apartments, along with 206 luxury apartments.

The Eden Housing development is known as the South Hayward BART Family & Seniors Communities—two affordable rental communities that will be made up of adjacent five-story standalone buildings sharing a common courtyard, and will provide 87 affordable rental apartments for families and 64 affordable rental apartments for seniors age 62 and older.

To be eligible, residents must have annual incomes between 30% and 50% of the Alameda County area median income.

The South Hayward BART Family & Seniors Communities will include a 10,000-square-foot shared courtyard with a large playground, community gardens, and a spacious BBQ area with picnic tables.

Both communities will each have a computer center and a large community room, and the building for seniors will have a fitness and health center.

Through Eden’s free Resident Services, residents can benefit from technology training, financial literacy classes, energy and water use efficiency education, health, wellness and safety programs.

This $53.5 million development is being built using the latest “green building” techniques and materials, and incorporates a number of green features designed to ensure the buildings’ long-term energy efficiency and sustainability.

Green building features include a photovoltaic system that will power 80% of the common areas’ electricity and a solar thermal system for domestic hot water heating. Apartment homes will also be energy-efficient, utilizing low-flow plumbing fixtures to reduce the amount of water used.

The South Hayward BART Family & Seniors Communities is financed with state and federal Low Income Housing Tax Credits with financial support from the City of Hayward and City of Hayward Housing Authority; Wells Fargo Community Lending & Investment; California Department of Housing and Community Development; the County of Alameda’ Federal Home Loan Bank of San Francisco; California Housing Finance Agency; and California Community Reinvestment Corporation.

For the 206 luxury market-rate apartments, AMCAL Equities is the developer of the $68 million component.

Construction: Completed

Mainstreet-Symphony Partnership Open Newest Post-Acute Care Facility

The partnership of Carmel, Ind.-based Mainstreet and Lincolnwood, Ill.-based Symphony Post Acute Network has opened its newest Next Generation development, Symphony of Dyer.

Located in Dyer, Ind., Symphony of Dyer provides transitional care, including short-stay rehabilitation and therapy, as well as senior living, in a service-rich environment.

With 130 beds and 85,108-square-feet, Symphony of Dyer boasts hospitality-oriented care with amenities that include a therapy gym, outdoor rehabilitation courtyard, a game room, a spa, movie theatre, an on-site chef and more.

Community construction began in June 2014 and the property opened in mid-July. The project represents a total community investment of $20.8 million and created 381 construction jobs and 100 permanent jobs.

Mainstreet developed Symphony of Dyer and Symphony operates the facility.

Brandywine Senior Living at Haddonfield Celebrates Grand Opening

Brandywine Senior Living recently welcomed over 400 guests to the grand opening celebration of its new community, Brandywine Senior Living at Haddonfield.

Located on Warwick Road in Haddonfield, N.J., the new property is Haddonfield’s only senior living community and offers a home-like environment in the heart of the town’s historic district, just blocks away from local restaurants, boutiques and stores.

Amenities at the new community include the Escapades…for Life! Program, all day dining, on-site licensed nurses 24/7, and in-house salon services, among others.

Bridges by EPOCH at Westwood Hosts Grand Opening

Bridges by EPOCH Memory Care Assisted Living at Westwood, a community that opened to residents in August in Westwood, Mass., is hosting its grand opening celebration September 24.

The 64-unit community is a joint collaboration between EPOCH Senior Living and National Development, a real estate and investment firm with senior housing expertise.

Located adjacent to University Station at 140 University Ave., the community is designed exclusively for residents with memory impairment.

The exterior of the community was designed by CBT of Boston; interior design provided by architectural firm JSA of Portsmouth, N.H.; and the general contractor was Cranshaw Construction of Newton, Mass.

Amenities include a salon, chef-prepared meals and inviting, home-like dining rooms, private bathrooms in each suite and personal laundry services.

The Westwood community is one of six stand-alone memory care assisted living communities operated by EPOCH. Others include Bridge-branded communities located in Mashpee, Hingham, Westford, while two other properties are under construction in Trumbull, Conn. and Nashua, N.H.

Celebration Village Acworth to Host Ribbon-Cutting in Ga.

This Friday, Celebration Village Acworth will officially celebrate its grand opening in Acworth, Ga., the community announced last week.

One of two master-planned senior living communities opening this year, Celebration Village Acworth includes 114 independent, 44 concierge, 55 assisted living and 31 memory care apartments on its campus.

The “Celebration” concept was created by Active Senior Concepts and AgeWell Living, two organizations that specialize in the development and operation of senior living communities with related senior care services.

The organizations work in a special alliance with Masterpiece Living, a multi-specialty group that partners with organizations to maximize the potential of older adults.

Erickson Opens Newly Renovated Restaurant at Charlestown CCRC

Charlestown, an Erickson Living continuing care retirement community (CCRC) in Catonsville, Md., this week announced the opening of The Atrium, a newly-renovated 3,000-square-foot restaurant with an adjoining bar and lounge/library.

The $800,000 project took four months to complete in the St. Charles neighborhood on Charlestown’s 110-acre campus.

The Atrium features American fare, ranging from comfort foods to upscale offerings such as tenderloin and lamb chops. The dining venue seats 118 in a main dining room, with seating for an additional 12 in a private dining room.

As a result of the renovations, The Atrium has a new tavern bar area, a rich decor throughout the entire service area and a balcony overlooking the main dining area. The bar’s lounge/library is multi-functional and the entire area is equipped with Wi-Fi.

The Atrium’s design is by NFD Design and Charlestown project manager Jeffrey Parish. General contractor was Shade Construction.

Harbor’s Edge CCRC Completes Expansion of Rehab Gym

Harbor’s Edge, a CCRC in Norfolk, Va., announced this week that the rehabilitation gym in its skilled nursing facility has tripled in size.

To showcase the new $500,000 expansion, the CCRC will host a grand unveiling party on September 24 for social workers, discharge planners, and physicians alike to see the new space and to inform patients seeking short-term skilled nursing.

As a result of the expansion, the gym increased square footage from about 940-square-feet to almost 2,700-square-feet, a spokeswoman from Harbor’s Edge tells SHN.

The facility also includes all new state-of-the-art fitness equipment; bigger windows to allow more natural light; special effects skylight; and occupational areas complete with full kitchen, laundry and bath to simulate the home environment.

The expanded gym will allow physical, speech and occupational therapies to all be done in the same space. Additionally, now with the larger gym, multiple one-on-one therapy sessions can be held simultaneously.

Written by Jason Oliva

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