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In the Pipeline: Planned
Atria, Welltower Among Project Partners for $300M Redevelopment in New Jersey
Atria Senior Living, Welltower (NYSE: WELL), multifamily developer AvalonBay Communities and Pulte Homes are collaborating on a project to convert an office complex in West Windsor Township, New Jersey, into a mixed-use development with a senior living component.
The $300 million project will include 535 multifamily apartment homes from AvalonBay; 135 senior housing apartments from Welltower and Atria; 48 condos and 150 for-sale townhomes from Pulte Homes. The project also is planned to include a public promenade bordered by retail space.
The project planners recently released renderings of the project.
Frontier Community in Mississippi on Track for Fall Opening
Frontier Management is on track to open a new senior living community in Meridian, Mississippi, by this fall. The community opened a sales office in May and is currently pre-leasing.
Plans call for 93 units of assisted living and memory care, with access to amenities such as multiple dining venues, parlors and outdoor pavilions.
Arrive Architecture and Banko Design are designing this community. The community will also feature technology from K4Connect.
In the Pipeline: In progress
Benchmark Breaks Ground on Renovation of Connecticut CCRC
Benchmark has begun construction on a new assisted living neighborhood at Meadow Ridge, a continuing care retirement community (CCRC) in Redding, Connecticut.
The work is meant to relocate and revamp the community’s assisted living neighborhood in order to make way for a new memory care wing. The finished product will span 20 one- and two-bedroom apartments with capacity for 28 assisted living residents. The neighborhood is set to occupy two floors in the community’s Spruce building, and is planned to include a restaurant-style dining room, recreation room, living area, card room and parlor, library and two secure outdoor patios.
Stein Troost Architecture designed the project, A.P. Construction is serving as the builder and Merlino Design Partnership handled the project’s interior design. If all goes according to plan, the new neighborhood is slated to open in early 2022.
Sunrise Community Under Construction in New Jersey
Sunrise Senior Living and Wohlsen Construction have broken ground on a new senior living community in Livingston, New Jersey.
The community, Sunrise of Livingston, is slated to have 103 assisted living and memory care units. The project team also includes PWC Construction Management and Lantz-Boggio Architects.
In the Pipeline: Complete
Presidium Active Adult Community in Texas Now Open
Real estate investment and management firm Presidium earlier this year announced the opening of Presidium at Edgestone, a 188-unit active adult community in Frisco, Texas.
The community has freestanding independent living cottages as well as a three-story residential building with multi-purpose clubrooms, a resort-style swimming pool, fitness and wellness center, library and cyber lounge, media and game rooms, pavilions and a resident gardening area.
Other noteworthy projects:
— Developers have proposed building a new senior living community in Centerville, Minnesota.
— A former hospital in Forest Hills, New York, is slated to become a multifamily complex with affordable senior housing units.
— Local officials in Henry County, Georgia, have approved a rezoning request for a planned senior living project.
— Plans are in motion to build a 60-unit senior living community in Watkinsville, Georgia.
— Plans are moving ahead for a development that will include senior housing in Cobb County, Georgia, despite local opposition.
— Work is underway to redevelop a building at a former treatment center in Fergus Falls, Minnesota, into an assisted living residence.
— A new SilverCrest community is on track to open this fall in Katy, Texas.
— Work has begun on a new senior living community in Marlette, Michigan.
— An Artis Senior Living community is slated to host a ribbon-cutting ceremony to celebrate its opening in June.