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Morningstar Senior Living Partners with Confluent Senior Living for Las Vegas Project
MorningStar at The Canyons represents the project partners’ continued geographic expansion and first location in Nevada. The 196,000 square-foot, four-story building will offer 168 total units, consisting of 95 independent living, 49 assisted living and 24 memory care units and is planned for a groundbreaking this summer.
Four Developments Planned as Equity Secured by Northmarq
Northmarq Capital announced it secured $50 million in joint venture equity for three senior living communities in Minnesota and one in Colorado.
The developer on the project is United Properties and the joint venture is an expansion of the Amira Senior Living portfolio. The developments will feature a 133-unit active adult community in Bloomington, Minnesota; a 186-unit active community in Minnetonka, Minnesota; a 95-unit active adult community in Roseville and a 120 unit community offering independent living, assisted living and memory care center in Arvada, Colorado.
Fort Myers Development Sells Out Prior to Construction
A $46 million expansion of an independent living community in Fort Myers, Florida will bring 24 elevated residences and 24 villas with smart home technology to The Oaks at Cypress Cove.
All 48 units have been pre-sold prior to construction. The project is expected to break ground in April and wrap up construction by the end of 2023.
Cypress Cove is partnering with RLPS Architects, Johnson Engineering, and Stantec for the design and Chris-Tel Construction as the construction manager.
The two-bedroom and three-bedroom villas range from 2,230-2,396 square feet and offer dens, waterfront screened lanais, designer finishes, large walk-in closets and storage areas, and large two-car garages with room for a golf cart.
The elevated residences in the tower offer two-bedroom suites that range from 1,406-1,958 square feet with open floor plans and large walk-in closets.
Cadence Living and Harrison Street Announce Joint Venture
The companies announced financing for the construction of a senior living development for Acoya South Bay.
The 175,810-square-foot luxury, four-story independent and assisted living community will offer 158 well-appointed apartments and 177 underground parking spaces.
Ryan is the developer, builder and capital markets partner for the project. Upon completion in 2023, Cadence Living will lead day-to-day operations and Ryan will support asset management. AO Architects will handle design with interior design by Ryan A+E.
Cadence Living has more than 40 communities and more than 4,000 residential units, with the Acoya development marking the first in California and fifth in the western U.S.
Construction: In progress
Sparrow Partners Makes Progress on Active Adult Community
Sparrow Partners with its development partner Welltower Inc. (NYSE: WELL) will open the first active adult community in the Austin, Texas suburb of Pflugerville this fall.
The community, known as Amberlin Pflugerville, will offer wellness-oriented living with a unique emphasis on helping residents aged 55 and older remain active and socially connected. The 195-unit Amberlin Pflugerville community will feature a daily schedule of free fitness classes and organized activities including happy hours, group outings, wine tastings, cooking classes and game nights.
The development is the fourth active adult community that Sparrow Partners will build and develop in the Austin area and the second developed in partnership with Welltower. Sparrow has opened 10 similar communities nationwide over the last three years and has an additional 17 under development in Arizona, Florida, Oklahoma, and Texas.
Cornerstone at Branchburg Construction Underway
Construction for the second phase of work of the Cornerstone at Branching is now underway. When finished, the new income-restricted apartment community will offer 150 units on an 11.7-acre site. The phased development consists of two, three-story buildings, with the groundbreaking occurring in May of last year. The first building is slated for completion by December and the second building is expected to wrap in Spring 2023.
Clearwater Living Opens Leasing Office for New Assisted Living and Support Community Near LA
The real estate and property management company opened an off-site leasing office for Clearwater at Glendora, a 117-unit luxury assisted living and memory care community in Glendora, California.
Clearwater expects to welcome residents by the end of this year. The project includes 88 assisted living and 29 memory care apartments. Residents will be able to choose from a variety of studio, companion and one-and-two bedroom layouts.
Nebraska Senior Living Community to Open in July
The first phase of a senior living community in suburban Omaha, Nebraska will open its doors later this summer.
The Brant Senior Living announced it will welcome independent living residents in July. The community includes 74 IL apartments, 44 assisted living apartments and 20 memory care apartments.
The 138-home community is managed by Minneapolis-based Health Dimensions Group (HDG). The organization provides management and oversight for 36 senior care communities in seven states.
HarborChase Celebrates Grand Re-Openings of Senior Living Communities
Multiple HarborChase communities have hosted or will hold grand reopening ceremonies this spring.
Communities at HarborChase of Vero Beach, HarborChase of Jacksonville and HarborChase of Tallahassee celebrated in February and at HarborChase of Rock Hill earlier this month. Upcoming ceremonies are set for HarborChase of Huntsville on March 31 and HarborChase of Gainesville on April 28. HarborChase communities are managed by Harbor Retirement Associates (HRA), a regional senior living development and management company based in Vero Beach, Florida. Each of the repositioned HarborChase communities are owned by Welltower Inc. (NYSE: WELL).
In addition to interior design changes, renovations for the HarborChase properties were made to the main living areas, including the addition of new restaurants.
Ribbon-Cutting and Blessing of New Center for Advanced Memory Care
ArchCare, the Archdiocese of New York’s health care system, is set to mark the opening of a memory care center at Ferncliff in Rhinebeck, New York.
The ceremony is set for March 30 and is slated to include remarks from ArchCare President and CEO Scott La Rue and Timothy Cardinal Dolan.
Other noteworthy projects include:
— Fairfield, Connecticut-based Senior Living Development’s brand KindCare will soon see construction on a 124-unit assisted living development in Bristol, Connecticut.
— MemorialCare announced plans to demolish an abandoned hospital building in San Clemente, California for the mixed-use development of an active adult and senior living community.
— The Sage Oak of Denton will open in June. The 96-unit community features a variety of plans offers assisted living and memory care options for residents.
— Quartet Senior Living is set to open a senior living community in Bettendorf, Iowa offering assisted living and memory care in an apartment-style living format.
— Latitude Margaritaville announced plans for an addition of phase two amenities for its Latitude Town Center in Hardeeville, South Carolina as part of the Hilton Head community.
— Massachusetts-based builder Colatonio Inc. announced it recently completed renovation and expansion of The Golda Meir House in Newton, Massachusetts that is owned by 2Life Communities.
— Liberty Senior Living, a division of Liberty Healthcare Management, officially opened The Kempton of Charleston in downtown Charleston, South Carolina.