FORT OGLETHORPE, Ga. — Summit Contracting Group has started construction of The Canopy at Boynton Ridge, an assisted living and memory care community n Fort Oglethorpe, just across the state border from Chattanooga, Tennessee. The community will feature 64 units in a two-story, 49,697-square-foot building. building, Construction is scheduled for completion in January 2021. The developer is Rimrock Cos. and the architect is Group 4 Design Inc.
Development
Alliant Capital Invests in Blue Mountain Terrace Affordable Development Near Sacramento
by Jeff Shaw
WINTERS, Calif. — Alliant Capital has completed an investment in Blue Mountain Terrace, a 63-unit affordable seniors housing development in Winters, a rural city approximately 25 miles west of Sacramento. Domus is developing the community, which will serve those age 62 and older earning between 25 and 60 percent of the area median income. The size of Alliant’s investment was not disclosed. “California’s demand for affordable housing is high statewide,” says Dudley Benoit, executive vice president at Alliant Capital. “In particular, the need for quality housing for low-income seniors is …
TUCSON, Ariz. — Watermark Retirement Communities has opened The Hacienda at the Canyon, an independent living, assisted living and memory care community in Tucson. The property is located on 10.5 acres at the historic landmark site of St. Anne’s Convent at Sabino Canyon. The community features an on-site integrative healthcare clinic run by TMCOne, two on-site home health care agencies, integrated personal wearable technologies and fitness systems. The development is the first to open under Watermark’s new upscale Élan Collection brand. Future locations are slated for Brooklyn Heights, Napa Valley …
HAMMOND, La. — Phoenix Senior Living has unveiled plans for The Phoenix at Hammond, a 91-unit assisted living and memory care community in the New Orleans suburb of Hammond. First Guaranty Bank is the lending partner for the project. Groundbreaking is scheduled to take place before the end of January. Phoenix Senior Living, founded in 2014, operates 26 communities throughout the Southeast. The Phoenix at Hammond will be the company’s second community in Louisiana.
SPRING, Texas — Frontier Management has broken ground on The Landing at Augusta Woods, a 120-unit seniors housing community in Spring, a northern suburb of Houston. The property, which will include 75 units for independent living and 45 assisted living units, is set to open in early 2021. The project team includes general contractor Regent Construction, architect Jeffrey DeMure & Associates and construction lender UCB. Frontier Management will operate Landing at Augusta Woods, joining the more than 100 seniors housing communities in its management portfolio.
LITTLETON, Colo. — Resort Lifestyle Communities has opened Sky Pointe, an independent living community in the Denver suburb of Littleton. Sky Pointe offers 128 apartments for rent in studio, one-, two- and three-bedroom options. “From our research, we found that Denver’s metro was in great need of additional independent senior living options,” says Phil Benjamson, COO of Resort Lifestyle Communities. Based in Lincoln, Neb., Resort Lifestyle Communities has 45 independent living communities either open or under construction throughout the country.
AUSTIN, Texas — Senior Resource Group (SRG) has opened Maravilla at The Domain, the company’s first community in Texas. The project is located in the heart of the residential area of The Domain, a high-density mixed-use development in the North Burnet neighborhood of Austin. The community comprises an 11-story south tower, six-story central tower and seven-story north tower, with subterranean parking, courtyards and a swimming pool. Capitalizing on The Domain’s live-work-play environment, the 370,000 square-foot development offers 144 independent living, 54 assisted living and 34 memory care units. Residents have …
DALLAS, GREENVILLE, S.C. and SANTA FE, N.M. — Dallas-based architecture firm “three” has completed design work on three seniors housing communities — expansions in Dallas and Greenville, and a ground-up development in Santa Fe. Locally, three is leading a $35 million repositioning effort for Presbyterian Village North, owned and operated by nonprofit Presbyterian Communities and Services. The project will add 112 independent living units and a 30,000-square-foot commons building at the campus core. In South Carolina, for the single-site Woodlands at Furman community in Greenville, the firm designed a $19 million …
NOVATO, Calif. — Oakmont Senior Living has opened an information center at Oakmont of Novato, a seniors housing community currently under construction in Novato, approximately 30 miles north of San Francisco. The community will total 72,614 square feet on a three-acre plot, and feature 49 units of assisted living and 36 units of memory care. Construction is slated for completion in spring 2020. Melon Rivera will be executive director of the new community.
COLLIERVILLE, Tenn. — HJ Sims and Duncan-Williams have arranged a financing package totaling $219.3 million for the construction of The Farms at Bailey Station, a continuing care retirement community in Collierville. The borrower is Retirement Companies of America (RCA). The development will be a sister community to Kirby Pines Estates in nearby Memphis. When completed, The Farms will feature 176 independent living units, 63 garden homes, 52 assisted living units, 32 memory support suites and a health center consisting of 60 private skilled nursing suites. The units are already 70 …