CRESTVIEW, Fla. — Housing Trust Group (HTG) and AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend Alonzo Mourning, have started construction of Princeton Grove, a $23.5 million affordable seniors housing community in the Florida Panhandle city of Crestview. Apartments at Princeton Grove will be reserved for income-qualifying residents who earn at or below 22, 30 and 60 percent of area median income (AMI), with rents ranging from $363 to $1,188 per month. In addition, the developer has committed a minimum of five apartments …
Development
Walters Nears Completion of 150-Unit Cornerstone at Branchburg Affordable Community in New Jersey
BRANCHBURG, N.J. — Walters is nearing completion of Cornerstone at Branchburg, a 150-unit age- and income-restricted community in Branchburg, approximately 45 miles west of Manhattan. As the developer puts the “finishing touches” on the community’s second building, the company expects to open the property later this month. “Amid continued demand for age-restricted housing in the regional marketplace, Cornerstone at Branchburg already is popular among active seniors and empty-nesters,” says Joe Del Duca, partner and director of affordable housing for Walters. Designed to attain LEED and Energy Star certifications, Cornerstone at …
Nixon Peabody Advises Hebrew SeniorLife in Construction of Affordable Community in Brookline, Massachusetts
BROOKLINE, Mass. — Law firm Nixon Peabody LLP has advised Hebrew SeniorLife in the site acquisition and construction of a new affordable seniors housing complex in Brookline, a first-ring suburb of Boston. The project involves the construction of a seven-story complex featuring 54 units for seniors over the age of 62. Combined with the Marilyn and André Danesh Family Residences, the Julian and Carol Feinberg Cohen Residences, and the Diane and Mark Goldman Family Residences, this new complex will expand the Hebrew SeniorLife seniors housing campus in Brookline. Financing partners …
SARASOTA, Fla. — AgeWell Solvere Living has completed construction of 81 Oaks, a seniors housing community in Sarasota. Sarasota-based N21 Group is the developer and Lawson Group Architects is the architect on the project. Wiseman Construction is the general contractor. “We’re delighted to manage this innovative new community in the Sarasota area, where the demographic for adults ages 65 years and older is 37 percent [of the total population], which shows a need for independent living, assisted living and memory care communities in the area,” says Kristin Kutac Ward, co-CEO …
WINTER PARK, Fla. — FK Architecture, a Winter Park-based firm that works in seniors hosuing, has hired architects Connor Privett and Amy VanderMeer. Privett joins the firm as an architectural designer, while VanderMeer joins as a project architect. Privett brings six years of experience designing and detailing modular homes, multifamily and single-family residential communities, hospitality projects and master planning. He earned his master’s degree in architecture from Kansas State University. VanderMeer is a registered architect with almost two decades of experience in architecture and design. She has extensive experience in …
Baker Barrios Architects Completes Construction of Community in Memphis, Breaks Ground on Another in Florida
MEMPHIS, Tenn., and ORMOND BEACH, Fla. — Baker Barrios Architects completed Brightmore of East Memphis, a 180-unit seniors housing development in Memphis, as well as the start of construction on Aden Senior Living, a 131-unit development in Ormond Beach. Both developments include assisted living and memory care facilities, while Brightmore of East Memphis also features an independent living component. Brightmore of East Memphis spans 210,000 square feet and features 122 independent living units, 34 assisted living units and 24 memory care units. Baker Barrios provided architecture and landscape design services. …
HERNDON, Va. — Brightview Senior Living has opened Dulles Corner in Herndon, a Washington, D.C. suburb near Dulles International Airport. Dulles Corner offers 196 units of independent living, assisted living and memory care. The development marks Brightview’s 46th community and its third in Fairfax County. “Brightview Dulles Corner follows a new trend to embed senior living into the greater community,” says Doug Dollenberg, president and CEO of Brightview. “Innovation Center Station is a $1 billion investment with the intent to offer a thoughtful live, work and play neighborhood in a …
CORAL GABLES, Fla. — Watermark Retirement Communities and ZOM Senior Living have opened The Watermark at Coral Gables, a 198-unit seniors housing community in the Miami suburb of Coral Gables. The community offers independent living, assisted living and memory care in studio, one-bedroom and two-bedroom options. It is part of Watermark’s Élan Collection of high-end seniors housing properties. The Watermark at Coral Gables spans over 256,000 square feet, including 50,000 square feet of amenities. It boasts the only rooftop pool at a senior living community in Coral Gables, according to …
Crescent Communities to Break Ground on First Phase of River District Master-Planned Development in Charlotte
CHARLOTTE, N.C. — Crescent Communities plans to break ground Wednesday on The River District, a master-planned community on Charlotte’s west side. The development will span 1,400 acres between the Catawba River and Charlotte Douglas International Airport, including 500 acres of preserved land. Upon completion, The River District will feature 5,000 residences (single-family homes and apartments), 8 million square feet of commercial space, hotels and seniors housing apartments. Crescent expects the development to generate more than $5.6 billion of gross annual economic impact for the region and state. “The River District’s …