Development

Viva-Bene_Carmel-Ind
Active AdultDevelopmentIndianaNews

Avenue to Develop $50M Active Adult Project in Indianapolis Suburb

by Hayden Spiess

CARMEL, Ind. — Avenue Development has announced plans for a new active adult project in Carmel, a suburb roughly 20 miles north of Indianapolis. Development costs are expected to total roughly $50 million.  Upon completion, the community — Viva Bene Carmel — will total 170 units for residents age 55 and older. The community is being developed through a public-private partnership with the Carmel Redevelopment Commission (CRC) and is supported by the City of Carmel’s tax increment financing (TIF) district. Avenue Construction will serve as the general contractor.  Viva Bene Carmel …

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Oxford-Hills_Clarksville-Md
DevelopmentIndependent LivingMarylandNews

Erickson Senior Living Breaks Ground on 1,000-Unit Independent Living Community in Metro Baltimore

by Hayden Spiess

CLARKSVILLE, Md. — Erickson Senior Living has broken ground on a new independent living community on 62 acres in Clarksville, roughly 30 miles southwest of downtown Baltimore.  Dubbed Oxford Hills, the development is approved for more than 1,000 units upon full build-out. Amenities at the property will include multiple dining venues, under-building parking, an indoor pool, fitness center, outdoor gathering areas, classrooms and social spaces.  Erickson plans to open Oxford Hills in late 2028. Future additional phases will include assisted living and continuing care neighborhoods. 

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The-Arbor-at-Watercolor-Place
DevelopmentFloridaNews

Chancey Development Plans 196-Unit Community in Florida

by Hayden Spiess

BRADENTON, Fla. — Chancey Development has announced plans for a new community located in Bradenton, roughly 13 miles north of Sarasota. The Arbor Co. will operate the community, which is scheduled to open in early 2028.  Upon completion, the development — The Arbor at Watercolor Place — will total 196 residences across four stories. In addition to 96 independent living apartments, the community will feature 76 assisted living and 24 memory care units. Residences will range in size from 400 to 1,350 square feet. Amenities at the property will include a …

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DevelopmentNewsOhio

Evergreen Real Estate Group Breaks Ground on 120-Unit Affordable Community in Columbus

by Hayden Spiess

COLUMBUS, Ohio — Evergreen Real Estate Group has broken ground on a new affordable seniors housing community in Columbus.  Upon completion, the assisted living community — Green Oaks of Canal Winchester — will total 120 units, with 67 studio and 53 one-bedroom apartments. Delivery of the development is scheduled for March 2027.  Gardant Management Solutions will operate the community. Amenities at the property will include a fitness room, beauty salon, game room, library, activity rooms, computer stations, community rooms and lounges, walking paths, sitting areas, a private patio and a gazebo …

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Waltonwood-Lead-Mine_Raleigh-N.C
Assisted LivingDevelopmentMemory CareNewsNorth Carolina

Singh Development Completes Luxury Community in North Carolina

by Hayden Spiess

RALEIGH, N.C. — Singh Development has completed and opened Waltonwood Lead Mine, a new luxury seniors housing community located in Raleigh.  Architecture and design firm Cline designed the property, which features assisted living and memory care residences. The community has the capacity for up to 100 residents and will be operated under Singh’s Waltonwood Senior Living brand.  The project team also included Choate Construction, Lighthouse Engineering and structural engineer Hauser and Creech. 

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Development Panel_Seniors Housing West 2026
DevelopmentFeaturesNews

Today’s Development Climate Isn’t Unique in History, Says InterFace Panel

by Hayden Spiess

By Matt Valley Similarities exist between today’s challenging development environment and what transpired during the Great Recession (2007 to 2009) and its aftermath, says Bill Pettit, managing partner of Black Dog Capital Advisors, a Seattle-based consulting firm specializing in seniors housing.  Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. When the Great Recession hit, Pettit was in the midst of a more than 30-year run as president of …

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DevelopmentIllinoisIndependent LivingNews

Presbyterian Living Underway on 172,000 SF Expansion at Community in Metro Chicago

by Hayden Spiess

ARLINGTON HEIGHTS, Ill. — Presbyterian Living is underway on an expansion project at its campus in Arlington Heights, roughly 25 miles northwest of downtown Chicago.  Upon completion, the 172,000-square-foot expansion will add 70 independent living apartments to The Moorings of Arlington Heights. Designed by Perkins Eastman, the new residences will range from 1,050 to 1,900 square feet, with one- and two-bedroom floorplans.  New amenities featured in the expansion will include walking paths, a larger pond, sitting area and outdoor space.  Skender is serving as the general contractor for the project, which …

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Amira-Lowry_Denver
Active AdultColoradoDevelopmentNews

United Properties Breaks Ground on 154-Unit Active Adult Community in Denver

by Hayden Spiess

DENVER — United Properties has broken ground on a new active adult community, Amira Lowry, in the Denver neighborhood of Lowry.  Upon completion, the property will total 154 units reserved for adults age 55 and older. Residences will include studio, one- and two-bedroom apartments.  Great Lakes Management will operate Amira Lowry.  Construction of the project is being led by Weis Builders. A development timeline was not disclosed. Plans for the site also include a future, second phase with villa-style active adult homes.  Owned by Pohlad Cos., United Properties specializes in ground-up …

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Affordable HousingDevelopmentGeorgiaNews

Columbia Residential, Decatur Housing Open 80-Unit Affordable Housing Community in Metro Atlanta

by Hayden Spiess

DECATUR, Ga. — Columbia Residential and Decatur Housing have opened The Link at Columbia Senior Residences, a new affordable seniors housing development in East Decatur, a suburb of Atlanta.  This marks the completion of the second phase of the development.  Totaling 80 units, the property is reserved for residents age 62 and older. The community will serve individuals earning at or below 60 percent of the area median income (AMI), with 24 units reserved for residents earning at or below 50 percent of the AMI and 17 units reserved for residents …

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Crossing-Pointe_Union-City-Ga
Affordable HousingDevelopmentGeorgiaNews

McShane Completes Construction of 80-Unit Affordable Housing Community in Metro Atlanta

by Hayden Spiess

UNION CITY, Ga. — McShane Construction Co. has completed work on Crossing Pointe, a new affordable seniors housing community located in Union City, roughly 20 miles southwest of downtown Atlanta.  McShane served as the general contractor on behalf of the developer, National Church Residences.  Residences at the four-story property will be reserved for senior households earning at or below 50 to 60 percent of the area median income.  Financing for the project included a $1 million loan from the GoATL Fund through the Community Foundation for Greater Atlanta. The Georgia Department …

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