AURORA, Colo. — KW Commercial has brokered the sale of a 6.1-acre development site in Aurora, just east of Denver.
Development
PHOENIX — Life Care Services is developing the $100 million second phase at Sagewood in Phoenix. Westminster Capital is the joint venture development partner of the property, which opened in 2010 and currently has 316 units. Situated on 3.5 acres, the 220,000-square-foot second phase will include 101 independent living apartments. Phase II will feature one- and two-bedroom apartment homes; an 18-hole championship golf putting course; new dining facilities, including The Owl’s Nest restaurant and lounge; expansion of the existing Canyon Café; and an expansion of the current Palo Verde Dining …
VICTORIA, Minn. — Watertown, Wis.-based Bethesda Lutheran Communities will break ground this month on Bethesda Cornerstone Village Victoria, an $18 million integrated Christian-focused community for active seniors and independent adults with a developmental disability. The project team includes Kraus-Anderson as construction manager, QPK Design as architect and the Lutheran Church Extension Fund. Located at 1501 82nd St., the 52-unit property will cater to seniors and individuals with an intellectual/development disability who live independently. The new facility will be situated on the site of a Bethesda intermediate care facility, which is obsolete …