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CCRCDevelopmentNewsOregon

Terwilliger Plaza CCRC in Portland, Oregon Completes $105M Expansion Project

by Jeff Shaw

PORTLAND, Ore. — Terwilliger Plaza, a single-site, nonprofit continuing care retirement community (CCRC) in Portland, has completed a $105 million expansion. The new building, named Parkview, rises 10 stories and offers 127 independent living units. It represents the largest building constructed to Passive House sustainability standards on the West Coast, according to the developers. The 370,000-square-foot structure is connected to the main campus via a steel skybridge. Terwilliger Plaza can now house up to 550 residents. LRS Architects worked in collaboration with Walsh Construction Co., engineering firm PAE, and Terwilliger …

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CCRCDevelopmentMinnesotaNews

Kraus-Anderson Begins $41.5M Expansion of Trillium Woods in Plymouth, Minnesota

by Jeff Shaw

PLYMOUTH, MINN. — Kraus-Anderson has begun a $41.5 million expansion of Trillium Woods, an independent retirement community in Plymouth, a western suburb of Minneapolis.  Trillium Woods is a continuing care retirement community (CCRC) that provides wellness services and levels of senior healthcare, including memory care, skilled nursing and rehabilitation.  The 160,321-square-foot, five-story expansion calls for 18 assisted living units, 16 memory care units, 52 independent living units and 67 underground parking spaces.  Construction is slated for completion in fall 2025. Pope Design Group was the architect.

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Affordable HousingDevelopmentFloridaNews

Miami Beach Housing Authority, Atlantic Pacific Break Ground on 119-Unit Affordable Housing Community

by Jeff Shaw

MIAMI BEACH, Fla. — The Housing Authority of the City of Miami Beach and Atlantic Pacific Cos. have broken ground on Vista Breeze, a 119-unit affordable seniors housing development. situated near the Normandy Shores Golf Course in Miami Beach. The property represents the largest affordable housing development to break ground in Miami Beach in 45 years, according to the developers. Vista Breeze will feature Miami modern (MiMo) architecture and include onsite parking, a community center and a business center. Units will be reserved for seniors earning no more than 80 …

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DevelopmentNewsPennsylvaniaSkilled Nursing

Marquis Completes Phase I of Renovations at Roosevelt Rehabilitation in Philadelphia

by Jeff Shaw

PHILADELPHIA — Marquis Health Consulting Services has completed Phase I of a renovation project at Roosevelt Rehabilitation & Healthcare Center in the Rhawnhurst neighborhood of Philadelphia. The 240-bed skilled nursing facility provides post-hospital care, short-term rehab and long-term residential care.  “Roosevelt is being completely transformed into a modern, home-like environment for residents — one that accommodates progressive skilled nursing care and services,” says Danielle Koons, senior regional director of market development for Marquis Health Consulting Services. A centerpiece of the renovation to date is the addition of a 3,600-square-foot rehab therapy …

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Affordable HousingCaliforniaDevelopmentFinanceNews

Wells Fargo Provides $57.9M Financing for La Sabila Affordable Development in San Diego

by Jeff Shaw

SAN DIEGO — Wells Fargo’s Community Lending and Investment (CLI) group has provided a total of $57.9 million in financing for construction of La Sabila, an affordable housing community for seniors in San Diego. The borrower is Wakeland. CLI provided a $30.5 million construction loan and $27.4 million equity investment. The project will consist of 85 residential units reserved for low-income residents over age 55. Further details were not disclosed. Timothy McCann, Terence Cordero and Jessica Gonzalez of CLI arranged the financing.

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Affordable HousingDevelopmentNew YorkNews

Lendlease Completes 149-Unit Garden Towers Affordable Community in the Bronx

by Jeff Shaw

NEW YORK CITY — Lendlease has completed construction of Garden Towers, an affordable seniors housing community in the Bronx.  Developed by Foxy Management, in partnership with HANAC Inc. and JLD Advisory LLC, the building features 149 rental homes for low-income adults age 62 or older. Lendlease served as general contractor on the development, located in the Morrisania neighborhood. Garden Towers features two mid-rise residential buildings, with an eight-story building facing Boston Road and a seven-story building facing Clinton Avenue. In addition to meeting Enterprise Green Communities criteria, Garden Towers was …

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Affordable HousingDevelopmentFloridaNews

Pinnacle Breaks Ground on $41.2M Pinnacle at La Cabaña Affordable Community in Miramar, Florida

by Jeff Shaw

MIRAMAR, Fla. — Pinnacle has broken ground on Pinnacle at La Cabaña, an affordable seniors housing community in Miramar, a northern suburb of Miami.  The $41.2 million project will feature 110 units in one- and two-bedroom floorplans. Construction is scheduled for completion in 2025. The development is part of a public-private partnership between Pinnacle and the City of Miramar.  Pinnacle at La Cabaña will offer 11 units to seniors earning up to 28 percent of the area median income, and the remaining units will be available to seniors earning up …

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New Perspective Weldon Spring
DevelopmentMissouriNews

New Perspective Nears Completion of Community in Weldon Spring, Missouri

by Jeff Shaw

WELDON SPRING, Mo. — New Perspective has opened a leasing office at its new community in Weldon Spring, approximately 30 miles west of St. Louis. The community is scheduled to open this summer. “We are looking forward to the opening of our first location in the St. Louis area,” says New Perspective co-CEO Ryan Novaczyk. The community will offer independent living, assisted living and memory care services. The number of units was not disclosed.

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CCRCDevelopmentIllinoisNews

Lifespace Completes $112M Expansion at Oak Trace in Downers Grove, Illinois

by Jeff Shaw

DOWNERS GROVE, Ill. — Lifespace has completed a $112 million expansion project at Oak Trace, a seniors housing community in Downers Grove, approximately 20 miles west of Chicago. The new building completed as the third and final phase of the project features 140 new luxury independent living apartments; a state-of-the-art fitness and aquatic center; a performing arts center; multiple restaurant-style dining venues; a salon and spa; and an upscale style coffee shop. The first phase of the renovation and expansion project, completed in 2019, was the creation of Oak Trace’s …

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DevelopmentNewsVirginia

Brinkmann Breaks Ground on 109-Unit Expansion at Avery Point in Richmond, Virginia

by Jeff Shaw

RICHMOND, Va. — Brinkmann Constructors, with Erickson Senior Living, has broken ground on a four-story, 109-unit residential building at Avery Point in Richmond. The 158,000-square-foot, wood-framed building is the seventh residential building constructed at the community. It is slated to welcome residents in the second half of 2025.

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