EDINA, Minn. — The Edina Housing Foundation has selected Lupe Development Partners and Ecumen to develop 118 units of affordable seniors housing in Edina. The project will be built on a parcel of land near Southdale Mall that the foundation owns. With rents ranging from $650 to $1,600, the proposed development will be affordable to seniors with household annual incomes ranging from $22,000 to $58,000. Ecumen will manage the property upon completion. The project team will work with the City of Edina to develop public art and community programing components. …
Development
PENSACOLA, FLA. — The Paces Foundation has opened Brownsville Manor, an affordable housing community for seniors in Pensacola. The property offers 88 one- and two-bedroom units and is over 80 percent leased. Brownsville Manor is the second affordable housing community that The Paces Foundation has built for seniors in Pensacola. The first, Fairfield Manor, was awarded a LEED Platinum certification and opened five years ago.
Kendal Receives Government Approval for 221-Unit Enso Village Zen Community in Sonoma County
by Jeff Shaw
HEALDSBURG, Calif. — The Healdsburg Planning Commission has unanimously approved the development of Enso Village, a seniors housing development in Northern California’s Sonoma County wine country. Enso Village will sit on 16 acres of land, part of a larger mixed-use development that will include retail, hotel, other types of housing and other amenities. The project is a collaboration between developer Kendal Corp. and the San Francisco Zen Center. The planning commission approval paves the way for the building permit application for construction of the 221-residence community. The plans include 30 …
CORAM, N.Y. — Racanelli Construction Co. has completed construction of the All American Assisted Living at Coram, in the Long Island Hamlet of Corm. The property offers assisted living, memory care and respite care services. The project was valued at $12.6 million. Working on behalf of the owner, Kaplan Development Group, Racanelli was part of the team that also included Engelbrecht & Griffin Architects; the civil engineering firm of Hyduk Engineering; the structural engineering firm of Shelly Engineering, Inc.; the mechanical, engineering and plumbing firm of BLW Engineers; and the …
TITUSVILLE, Fla. — Housing Trust Group (HTG) has completed construction of Luna Trails, a $19.6 million, 86-unit affordable housing development for seniors in Titusville, along Florida’s Space Coast region. Apartments are reserved for seniors ages 55 and older earning at or below 60 percent of area median income (AMI). Rents range from $346 per month for a one-bedroom apartment to $791 per month for a three-bedroom apartment. The property is currently 100 percent leased. “This is HTG’s first development in Brevard County and therefore marks an important milestone for our …
FOXBORO, Mass. — Benchmark Senior Living has announced expansion plans for New Pond Village in the Boston suburb of Foxboro. The project will add 19 assisted living units, bringing the community’s total to 36 units. The new apartments will be on the third floor, overlooking the property’s 19.4-acre campus. SEO Construction is building the project, which Udelsman Associates of Hollis designed. StudioSix5 is handling the interiors. Since Benchmark acquired New Pond Village in May 2017, it has undergone extensive renovations. In 2018, an $8 million project brought new and refreshed …
Building designers consider urban integration, sustainable features and even build in vacant parking lots to reflect the future trends of seniors housing. By Jeff Shaw As the seniors housing industry matures in all facets, architects are on the front lines of that evolution. After all, they are the ones who design the future properties before a single shovel hits the ground. We’ve heard for years about the possible incoming changes. Demand for urban locations will increase as baby boomers will want to live near the hustle and bustle of downtown …
DALLAS — Ziegler has arranged $77.1 million of bond financing for Presbyterian Village North, a continuing care retirement community (CCRC) in Dallas. The community sits on a 66-acre campus and currently consists of 89 buildings with 253 independent living units, 101 assisted living units, 44 memory care units and a health center operating 106 skilled nursing beds. The proceeds of the bonds will finance the cost of an expansion project that will add 112 new independent living units in a five-story building named The Hawthorne. Of the 97 units being …
BOSTON — DiMella Shaffer, a Boston-based architecture firm, has completed design work on Grace Apartments, an affordable seniors housing development located in East Boston, and construction of the project has begun. Developed by the East Boston Community Development Corporation (EBCDC) and Affirmative Investments, Grace Apartments will feature 42 residential units for low-income seniors within a new seven-story structure in Maverick Square. Like many cities across the nation, Boston is facing an increasingly acute housing crisis with soaring rents and slender supply, leaving the city’s seniors with limited options, according to …
BOISE — A team of senior living industry veterans have launching Wellness Enhanced Lifestyle Living, a new senior living development company based in Boise. The company’s leadership team includes Dave Mazurek, formerly founder of Sterling Bay’s senior living platform and part of Ventas’ development team; Mandy Serrano, formerly with Holiday Retirement, Avamere and Atlas; and Haller, who most recently served as Avamere’s chief development officer and founder of Ovation and Point Development Co. Collectively, the team has developed in 39 states with a total transaction resume of $6.8 billion in …