KENNETT SQUARE, Pa. — David Jones, Kendal Corp.’s vice president for development, will retire June 26 after 27 years with the organization. Since joining Kendal in 1992, Jones has collaborated with executive directors, affiliate boards of directors and staff throughout the Kendal system. The nonprofit owner-operator is based in Kennett Square. During Jones’s tenure, Kendal added 11 new affiliates in seven states. He has served as project leader for the design and construction of several Kendal communities and has overseen renovations and expansions on many Kendal campuses. Over the past …
Development
AUSTIN, Texas — Ziegler, acting as bank placement agent, has arranged $110.9 million in financing for Westminster, a nonprofit continuing care retirement community (CCRC) in West Central Austin. LCS has managed the property since 1981. Located on approximately 9.3 acres, the community comprises 327 independent living units, 22 assisted living units, 30 memory care units and 55 skilled nursing beds. The financing is a combination of $63.9 million in bank bonds and a $47 million short-term loan. The borrower expects to retire the short-term loans using entrance fees from an …
MONTGOMERY, Ala. — Legendary Living and Integral Senior Living have unveiled a new strategic partnership to develop multiple best-in-class senior living projects, with the first being Legendary Living Montgomery in East Montgomery. Legendary Living Montgomery will be the second senior housing project for the Destin, Florida-based developer. The campus will comprise 50 age-restricted cottages, 64 units for independent living and 73 units for assisted living, 24 of which will be dedicated to those with memory impairment. Construction of Legendary Living Montgomery is scheduled to begin this year, with a planned …
FRANKLIN, Wis. — New Perspective has opened New Perspective|Franklin, a seniors housing community in the southwestern Milwaukee suburb of Franklin. The property totals 149 units of independent living, assisted living and memory care. “Despite opening during the pandemic, our senior living community has received a fantastic response from the Franklin area with initial move-ins even exceeding our initial expectations,” says Chris Hyatt, partner and president with New Perspective.
MADISON, Ga. — Vitality Living has formed a development partnership with Hillpointe LLC to build Vitality Living Madison, which is currently under construction. Upon full build-out, the project will feature 332 units of seniors housing in Madison, a small city approximately 60 miles east of Atlanta. Located on 73 acres, Vitality Living Madison will be built in phases. Phase I features a mix of two-bedroom independent living villas and one-bedroom apartments, as well as amenities such as a fitness center. Phase II will add assisted living and memory care units …
Particularly in the Southeast, where there are fewer cases, builders continue to find work with a few adjustments for COVID-19. By B. Shane Hornbuckle, Principal, Van Winkle Construction Feeling nervous about the economy in light of the pandemic? If you are, take heart: Not everything has come to a stop. While other industries and markets grapple with closures and uncertainty, the design and construction markets remain strong for senior living, particularly in the Southeast. In South Carolina, Van Winkle Construction broke ground for the Indigo at Carolina Forest near Myrtle …
Hunt’s $166M Herndon Square Mixed-Use Project in Downtown Atlanta to Include Affordable Seniors Housing
by Jeff Shaw
ATLANTA — Hunt Development Group has started construction of Phase I of Herndon Square, a 12-acre, mixed-use project in downtown Atlanta. Upon full build-out, the project will feature 700 residential units, 40,000 square feet of retail space and 20,000 square feet of community space open to the general public. The site is located on Northside Drive, approximately one mile north of Mercedes-Benz Arena, Philips Arena, Centennial Olympic Park and the other attractions in the heart of the city. The project, a redevelopment of the former Herndon Homes affordable community, will …
SAN ANTONIO — Aspen Heights Partners has broken ground on its first active adult community, Dolce Vita at Cibolo Canyon in San Antonio. The property will feature 150 age-restricted apartments and 208 parking spaces in a four-story building. “The Cibolo Canyons area is an ideal locale for a community such as Dolce Vita, which we are developing in response to the specific needs of the area’s population,” says Greg Henry, founder and CEO of Aspen Heights Partners. The neighborhood surrounding Dolce Vita is within a few miles of a wide …
ROSWELL, DUNWOODY and MARIETTA, Ga. — Macallan Works has completed the renovation of three Phoenix Senior Living facilities in Roswell, Dunwoody and Marietta, all suburbs of Atlanta. Macallan Works modernized the front entry, reception area, dining areas and gathering spaces of all three facilities. The location in Marietta also included a bistro area makeover totaling about 33,000 square feet. Macallan Works had to account for the increased susceptibility of seniors to getting and spreading COVID-19, and through its renovation plans was able to allow for increased social distancing of community …
LUNENBURG, Mass. — Boston Capital has invested in the development of Baker Brook Apartments, a 70-unit development for seniors in Lunenburg, a small town north of Worcester. The developer is Great Bridge Properties. Residents must be age 55 or older and earn 80 percent or less of the area median income (AMI). Forty-eight units are reserved for seniors earning 60 percent or less of AMI and eight units are for seniors earning 30 percent of less of AMI. Ten percent of the units are reserved for those currently homeless. Located …