NEW ALBANY, Ohio — Trilogy Health Services has Smith’s Mill Health Campus, a seniors housing community in New Albany, a suburb of Columbus. The assisted living and skilled nursing services will be offered on the first floor, with independent living on the second floor. A separate area named Legacy Lane will provide memory care services. The number of units was not disclosed. In addition to traditional skilled nursing, the health center will offer rehabilitation, outpatient therapy and adult daycare services. Paragon Rehabilitation will provide the team of physical therapists. Trilogy …
Development
WASHINGTON, D.C. — A project development team comprising Dantes Partners, Gilbane Development Co., Carding Group and H Street Community Development Corp. has broken ground on Livingston Place at Southern in Washington D.C.’s Ward 8. The five-story community offers 152 units of affordable assisted living. Partners on the project include the D.C. Housing Finance Agency (DCHFA), the D.C. Department of Health and the Department of Healthcare Finance. Residents must be at least age 60 and earn no more than 60 percent of the area median income. The project is the first …
COLUMBIA, S.C. — Watercrest Senior Living Group and Titan Development Real Estate Fund I have opened Watercrest Columbia Assisted Living and Memory Care in Columbia. The resort-style community features 75 assisted living units and 32 memory care units. LifeBUILT Architecture designed the property. Watercrest Columbia is one of two joint venture development projects between Watercrest Senior Living Group and equity partner Titan Development Real Estate Fund I. Their second project, Watercrest Winter Park Assisted Living and Memory Care, is under construction in Winter Park, Florida, and scheduled to open in …
DALLAS — Buckner Senior Living has opened Ventana by Buckner, a 301-unit seniors housing community in North Dallas. The project, designed by D2 Architecture, features two 12-story towers that include 189 independent living residences, 38 assisted living residences, 48 nursing apartments and 26 memory care residences. Buckner is collaborating with Baylor Scott & White Health for medical and spiritual care services, Stephan Pyles for culinary services, Cooper Aerobics for health and wellness, and Southern Methodist University for continuing education. Development costs were estimated at $140 million. Apartments range from 950 …
TYSONS, Va. — Mather has completed land acquisition for its previously announced The Mather continuing care retirement community (CCRC) in Tysons, approximately 13 miles west of Washington, D.C. The developer plans to start sitework in 2020 with the first phase of construction scheduled to open in 2023. Entitlements were approved in June. Although the planned number of units has not been disclosed, Mather says entrance fees will start at $660,000 for apartments ranging from 850 to more than 3,000 square feet. Nearly half of Phase I has been pre-sold, according …
ATLANTA — Woda Cooper Companies Inc. and Parallel Housing Inc. have opened Adair Court, a mixed-income seniors housing property in the Adair Park neighborhood of Atlanta. The 91-unit project is located in the heart of the city, near a major park, a MARTA train stop and the celebrated rails-to-trails system, the Atlanta BeltLine. Development costs were estimated at $15 million. Adair Court consists of two buildings with one- and two-bedroom units for seniors age 55 years and older. Nineteen of the units are reserved for residents earning up to 50 …
COVINGTON, Ga. — Greystone has provided $15.8 million in Freddie Mac financing for the construction of Legends of Covington, a 198-unit affordable seniors housing community in the Atlanta suburb of Covington. PJ McDevitt of Greystone originated the transaction on behalf of Dominium Holdings, one of the largest affordable housing development and management companies in the country. The Freddie Mac Tax Exempt Loan is part of the Freddie Mac Target Affordable Housing (TAH) Program. The financing includes a 30-month forward period for construction, with Freddie Mac’s permanent take-out carrying an 18-year …
Spellman Brady Completes Interior Renovations to Touchmark at Coffee Creek in Edmond, Oklahoma
by Jeff Shaw
EDMOND, Okla. — Spellman Brady & Co. has completed the extensive interior renovation of The Touchmark at Coffee Creek Retirement Community in Edmond, a northern suburb of Oklahoma City. The property part of a master-planned community. Originally built over 15 years ago, Touchmark sought to rejuvenate the common areas, as well as transform the basement into a health and fitness club. The renovation included the independent living and assisted living common areas, administration offices, main lobby and reception area. It also added two new dining spaces. The Grand Hall was …
Pennrose to Convert Historic School in Boston into Affordable, LGBTQ-Friendly Seniors Housing
by Jeff Shaw
BOSTON — Pennrose Development and LGBTQ Senior Housing Inc. have unveiled plans to convert the historic William Barton Rogers Middle School in Boston’s Hyde Park neighborhood into an LGBTQ-supported affordable seniors housing community. The $33 million project will transform the existing structure into 74 units of income-restricted rental units. Tenants must be at least age 62, and the community will be “specifically welcoming to seniors who identify as LGBTQ,” according to the developers. “As Boston’s residents continue to age, the need for safe, affordable housing that is welcoming to all …
HUNTLEY, Ill. — Resort Lifestyle Communities has opened Huntley Springs Retirement Resort, an active adult community in Huntley, approximately 50 miles northwest of Chicago. The property offers 128 apartments reserved for residents age 55 or older. “Our research indicated there was a significant need for additional independent senior living communities in Huntley,” says Phil Benjamson, COO of Resort Lifestyle Communities.