PURCHASE, N.Y. — Life Care Services has unveiled plans for Broadview Senior Living at Purchase College, a 220-unit independent living community on the campus of Purchase College.
Located approximately 20 miles northeast of Manhattan by the Connecticut border, Purchase College is part of the State University of New York (SUNY) system. The intergenerational senior learning community will offer a chance for residents, faculty and students to interact in collaborative meeting and learning spaces.
The 220 independent living homes at Broadview will comprise 174 one- and two-bedroom apartments with underground reserved parking, and 46 two-bedroom villas with attached two-car garages. Forty-four apartments have been designated for affordable living. Westchester County residents will have priority over 50 percent of the affordable residences, provided they meet income requirements.
An on-site health center will offer assisted living and memory care services to Broadview residents who eventually may need the services.
Broadview will be situated on 40 acres at the southwest portion of the 500-acre college campus.
“Purchase College is home to an inspirational community of students, faculty and friends where open-minded engagement with the creative process leads to a lifetime of intellectual growth,” says Purchase College President Thomas J. Schwarz, who has been developing Broadview for more than a decade. “Having the senior learning community on campus will lead to a creative synergy between youth and experience, fostering an alliance of energy and wisdom that benefits everyone.”
Seventy-five percent of rent proceeds from the Broadview ground lease will be used for student scholarships, and 25 percent will go toward faculty hiring at Purchase College. A return-of-capital financial plan at Broadview will refund 100 percent of the one-time entrance fee during the first four months of occupancy and 90 percent thereafter, no matter the length of residency.
Construction of Broadview is scheduled to begin in 2020. Life Care Services will operate the community upon completion. LCS Development and Senior Care Development are jointly developing the property. Other project partners include builder Whiting-Turner, architect HCM Design and interior designer Merlino Design Partnership.