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Construction: Planned
LifeCare Properties, ERG Plan Texas Community
Developer LifeCare Properties and investment group ERG Enterprises are planning to open a senior living community in Tyler, Texas.
The community, The Blake at Tyler, is planned to offer assisted living and memory care services for residents living in studios and one- and two-bedroom apartments. Blake Management Group will operate the community.
The community is expected to open in 2023.
Link Senior Development, MedCore Announce Arizona Project
Link Senior Development and MedCore Partners are developing Ativo of Sundance, a 202-unit senior living community slated to open inside the Sundance Adult Village 55-plus master planned community in Buckeye, Arizona.
Ativo of Sundance will offer independent living, assisted living and memory care services for residents. Amenities include a grand entry with two-story dining room, billiards room, salons, a theater room, chef’s kitchen with demonstration bar, computer cafe, a resort-style swimming pool, shuffleboard, bocce and pickleball courts, mini golf, art studio, pet park, fitness center and outdoor area for grilling with fire pits.
Insight Senior Living is slated to manage the community. Construction is expected to begin later this year with a targeted 2023 opening.
Ativo of Sundance, courtesy MedCore PartnersSenior Living Community Planned in New Jersey
Reuten Associates and Metropolis Property Group have announced plans to develop a 195-unit senior housing community in Closter, New Jersey.
The luxury-focused community, called The Residences at Reuten Park, is set to be equipped with amenities such as fountains; multiple indoor and outdoor dining venues; a swimming pool; pond with an elevated wooden deck; spa, salon and fitness center; cinema; game room; community gardens; fire pits; and walking trails.
Plans call for the property to sit on a site that currently houses five post-World War II-era manufacturing buildings. Construction for the new community is expected to last about 14 to 16 months and is pending local approval.
Courtesy Reuten AssociatesLloyd Jones Buys Land in Florida for New Aviva Community
Lloyd Jones has closed on the purchase of a 10.6-acre parcel of land in Port St. Lucie, Florida, with intentions to develop an Aviva community there.
The community, Aviva Port St. Lucie is planned to have 159 units with access to amenities such as a zero-entry pool, putting green, bar and grill, walking trails and multipurpose rooms for social activities.
Lloyd Jones Senior Living Management, the senior housing management division of Lloyd Jones, will operate the community. Construction is expected to begin in September with anticipated move-ins in the beginning of 2023.
Courtesy Lloyd JonesConstruction: In progress
Construction Loan Clears Way for Work to Start on Florida Project
Madison Marquette has closed a construction loan and started development in partnership with Saudi firm Arbah Capital on a 135-bed senior living community in Punta Gorda Isles, Florida.
The $37 community development is slated to accept resident move-ins in early 2023. Project partners included Banesco USA, general contractor Diaz Fritz Group and architect CASCO+R|5.
Other noteworthy projects:
Planned
— Provision Living is planning to add more senior housing in the form of luxury villas at the site of a former school near Cincinnati, Ohio.
In progress
— Construction has started for a new senior living community in Dilworth, North Carolina.
Companies featured in this article:
Arbah Capital, ERG Enterprises, Lifecare Properties, Link Senior Development, Madison Marquette, MedCore Partners, Metropolis Property Group, Provision Living, Reuten Associates
