Alexi Receives $17.7M HUD Financing for Assisted Living Development Near Chicago

MATTESON, Ill. — Alexi Senior Living Corp. has received $17.7 million in HUD financing, allowing the company to start construction of Alexi Senior Community in Matteson, a southern suburb of Chicago.

Upon completion the property will feature 55 assisted living and 20 memory care units. The 81,500-square-foot building will be the first of four planned for the property. Future buildings will include an independent living building, scheduled for groundbreaking in August 2020, plus areas for early learning and higher education, leading to an intergenerational community.

The development team includes architectural firm Behles and Behles, Centennial Mortgage, Lizabeth Jones Interior Design, David Hope Kitchen Design and Paradigm Senior Living Management Co.

The first building is scheduled for delivery in November 2020.