In the Pipeline: Senior Housing Construction Projects (10/27/16)

(Rendering of Arcardia Senior Living, located in Bowling Green, Kentucky —Photo courtesy of Arcadia Senior Living)

Construction: Planned

Arcadia Community Planned in Kentucky

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A new senior housing community in Bowling Green, Kentucky is being planned by Arcadia Communities. The community will be constructed on a seven acre portion of land and will encompass 80,000 square feet.

DMK Development is working with Arcadia to develop the community, which will include 79 studio, one- and two-bedroom units for independent living, assisted living and memory care.

Amenities include a fitness center, outdoor walking paths, a library, baking kitchen, art studio, small dog park, theater, happy hour and internet lounge, rose-garden terrace, patio seating with fire pit, restaurant-style dining room, a private dining room for special occasions and 24-hour staffing.

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Construction is planned to begin in the coming weeks.

Senior Community in Wisconsin Gets Upgrades Under New Ownership

Formerly, a New Perspective Senior Living facility, the community in Brown Deer, Wisconsin, will be purchased by Castle Senior Living Inc. and will undergo remodeling.

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The hope is to begin remodeling as soon as possible with plans to open the community to residents in spring 2017, according to Castle.

Once the remodel is finished there will be 26-28 units and the anticipated cost will be $1.6 million, which includes the purchase price of the facility.

Construction: In progress

Ground Broken at New LCB Senior Living Community 

Located in Melrose, Massachusetts, the Residence at Melrose celebrated its groundbreaking. The LCB Senior Living community ill be a 90-apartment independent living, assisted living and memory care residence.

Both independent living and assisted living units will include kitchenettes and private bathrooms. Other amenities include an on-site gourmet restaurant that will allow residents to dine on their own schedules, community living rooms and a library, media room, recreation facilities, outdoor sitting areas, 24-hour security and laundry and cleaning services.

Residents with early stage Alzheimer’s disease and other memory impairments will receive LCB’s Reflections Memory Care services.

The community is expected to open in spring 2017.

N.Y. Affordable Senior Housing Community Underway

This week, ground broke on a new senior living residence in Queens, New York. Corona Senior Residence will be a 68-unit affordable housing apartment building. The Hellenic American Neighborhood Action Committee (HANAC) will own the building.

All apartments will be income-restricted except a superintendent’s unit, with 21 units reserved for vulnerable seniors.

The building is being designed by think! Architecture and Design and Bruno Frusta Contraction, Inc. is in charge of construction. Construction of the building was financed under Mayor Bill de Blasio’s Housing New York: a Five-Borough, Ten-Year Plan.

Corona Senior Residence is anticipated to be complete in spring 2018.

StoryPoint Senior Living To Start Four New Projects

Headquartered in Saline, Michigan, StoryPoint Senior Living has announced four new projects in Ohio and Indiana.

One community is already underway. StoryPoint Waterville, located in Waterville, Ohio broke ground in August and once complete will offer 168 apartment homes for independent living, “enhanced” living and memory care.

StoryPoint Chesterton, located in Chesterton, Indiana, will break ground at the end of this month on a 188,000 square-foot independent and enhanced living community that will feature 162 apartment homes.

At the end of November, StoryPoint Fort Wayne, in Fort Wayne, Indiana will break ground and will offer independent living and enhanced living as well.

The last community in the project will break ground in December will be StoryPoint Fairfield, in Fairfield, Ohio and will feature independent living, enhanced living and memory care and will be 221,000 square feet.

All of the communities will be rental communities and will feature various dining options from cafe-style dining to bistro and restaurant-style dining.

Construction Begins on $11 Million Senior Community in New York

As part of a larger $250 million project in Onondaga, New York, Peregrine Senior Living Company recently began construction on an $11 million memory care community.

The 46,000 square-foot community will offer care for 64 residents who have Alzheimer’s disease and other forms of dementia.

The memory care community is the first to be constructed as part of the larger project in Onondaga. The project may take as many as five years to complete.

Construction: Complete

Ohio Senior Community Completes $7 Million Rehab

Located in Belpre, Ohio, Putnam Howe Village senior living community has completed a $7 million rehabilitation project that took place over the last year.

The community is a 51-unit affordable housing community and the rehabilitation that took place included a new exterior facade, windows and roof, an expanded interior common area and upgrades to handicapped accessible units.

Putnam Howe Village was originally built in 1983 by National Church Residences and was awarded a 9% tax credit from the Ohio Housing Finance Agency in 2014 for the upgrades.

Written by Alana Stramowski

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