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OAK BROOK, Ill. — Owner, operator and developer Senior Lifestyle Corp., along with real estate investment firm Kaufman Jacobs, have broken ground on The Sheridan at Oak Brook, approximately 17 miles west of downtown Chicago.
The five-story community will feature 127 independent living apartments, 59 assisted living apartments and 14 memory care residences. The 215,000-square-foot property will sit on 4.5 acres of land near shopping malls and dining options.
The Sheridan at Oak Brook is the fourth joint venture development between Senior Lifestyle and Kaufman Jacobs. The community is scheduled for completion in early 2021.