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Assisted LivingDevelopmentMichiganNews

Anthology Opens 92-Unit Community in Farmington Hills, Michigan

by Jeff Shaw

FARMINGTON HILLS, Mich. — Anthology Senior Living has opened the doors on Anthology of Farmington Hills, a seniors housing community in Farmington Hills, approximately 20 miles northwest of Detroit. The new 80,000-square-foot senior living community features 92 apartments and provides assisted living and memory care. Anthology has locations around the country, and its other Michigan locations include Novi, Northville, Rochester Hills and Troy. According to a recent report by the U.S. Census Bureau, almost 20 percent of the Oakland County population has already reached age 65 and older, a number …

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Active AdultDevelopmentFloridaNews

RangeWater Plans 175-Unit Olea Beach Haven Active Adult Community in Jacksonville

by Jeff Shaw

JACKSONVILLE, Fla. — RangeWater Real Estate has acquired a 6.4-acre property in Jacksonville with plans to build an active adult community on the site. RangeWater plans to break ground in early 2022 on Olea Beach Haven. Plans call for a 175-unit, age-restricted community with one-, two- and three-bedroom units. Founded in 2006, RangeWater acquires, develops, manages and invests in multifamily communities across the Southeastern and Southwestern United States, with a $5.4 billion portfolio. RangeWater opened its first two Olea properties in Florida in August 2020 and says it experienced high …

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ColoradoDevelopmentNews

Experience Senior Living Plans 200-Unit Reserve at Lone Tree in Colorado

by Jeff Shaw

LONE TREE, Colo. — Experience Senior Living Development (ESLD), a NexCore-owned company, has unveiled plans for The Reserve at Lone Tree, a 200-unit seniors housing community in Lone Tree, approximately 15 miles south of Denver. Construction is scheduled to begin on the nine-story property in the fourth quarter of this year for completion in 2024. The community will feature 125 independent living units, 60 assisted living units and 24 memory care units. The site is located within RidgeGate, a 3,500-acre mixed-use community. Independent living units will be up to 1,650 …

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Affordable HousingDevelopmentNewsNorth Carolina

Greystone, Urban Trends to Develop $28.9M Eastway Crossings Affordable Project in Charlotte

by Jeff Shaw

CHARLOTTE, N.C. — Raleigh-based Greystone Affordable Development and Charlotte-based Urban Trends Real Estate Inc. have released plans to develop Eastway Crossings, a $28.9 million affordable housing community located on Charlotte’s east side. The development will be funded through the Low-Income Housing Tax Credit (LIHTC) program. Greystone Affordable Development and Urban Trends are co-developers working on behalf of Harmony Housing, a national nonprofit specializing in affordable and workforce housing. Eastway Crossings is Greystone Affordable Development’s first new construction project in the Charlotte market. The community will offer residential units for senior …

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DevelopmentNewsPeople

Spiezle Architectural Group Promotes Richard Quinn to Principal

by Jeff Shaw

HAMILTON, N.J. — Spiezle Architectural Group Inc., a Hamilton-based, full-service architectural, interior design, landscape architecture and planning firm, has promoted Richard Quinn to principal. Quinn’s career in architecture spans 30 years. He has spent the last seven years with Spiezle, where he has executed a wide range of projects, including senior living, corporate and public spaces. Quinn received his associate’s degree in architectural drafting technology from Thaddeus Stevens College of Technology and his bachelor’s degree in architecture from Drexel University. He is a member of the American Institute of Architects …

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DevelopmentIndependent LivingNewsOregon

LRS Architects Designs 127-Unit Parkview at Terwilliger Plaza in Portland, Oregon

by Jeff Shaw

PORTLAND, Ore. — LRS Architects Inc has completed design work for Parkview at Terwilliger Plaza just south of downtown Portland. The 10-story, 370,000-square-foot building will bring 127 independent living apartments to the existing three-building senior living campus while providing space for up to 200 new residents. The project is designed to the Passive House standard with several sustainability goals, including sustainable energy use and improved air quality. “Features such as thermal bridge-free detailing, airtight construction, energy-efficient appliances, heat recovery ventilation and a green roof are central toward creating comfortable and …

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DevelopmentIndianaNews

New Perspective Completes 164-Unit Woodland Terrace of Danville in Indiana

by Jeff Shaw

DANVILLE, Ind. — New Perspective has opened the doors on Woodland Terrace of Danville, a 164-unit senior living community in Danville, approximately 20 miles west of Indianapolis. The 35-acre campus includes 50 cottage-style townhomes and a main building for a variety of amenities. The property offers independent living, assisted living and memory care options. Along with sister properties in nearby Carmel and New Palestine, Minnesota-based New Perspective operates the community.

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CCRCColoradoDevelopmentNews

PMMA Breaks Ground on $140M Aberdeen Ridge CCRC in Colorado Springs

by Jeff Shaw

COLORADO SPRINGS, Colo. — Presbyterian Manors of Mid-America (PMMA) has broken ground on Aberdeen Ridge, a continuing care retirement community (CCRC) campus in Colorado Springs. In 2018, PMMA acquired a Texas nonprofit corporation, which owned an undeveloped 15.3-acre site within Garden of the Gods National Park, and which already had the permits and approvals for a senior living community. Aberdeen Ridge is scheduled for completion in 2023 and will feature 171 one- and two-bedroom independent living residences, 40 assisted living apartments and 24 memory care suites. The homes will vary …

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Affordable HousingDevelopmentIndependent LivingMichiganNews

Lockwood Cos. Starts Construction of 154-Unit Community in Ann Arbor, Michigan

by Jeff Shaw

ANN ARBOR, Mich. — Lockwood Cos. has broken ground on Lockwood of Ann Arbor, a mixed-income seniors housing community in Ann Arbor. The property will be a three-story, 168,130-square-foot building with 154 independent senior apartments, including 65 units dedicated as affordable housing. Lockwood of Ann Arbor represents an approximately $45 million investment in the City of Ann Arbor and Washtenaw County. Scheduled to open in Summer of 2023, Lockwood of Ann Arbor will feature 89 one-bedroom units and 65 two-bedroom units. The Ann Arbor Area Community Foundation projects a rising …

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Company NewsDevelopmentNewsSkilled Nursing

Hicks Ventures Forms $100M Development Partnership with Artemis Real Estate Partners

by Jeff Shaw

HOUSTON — Hicks Ventures, a Houston-based development company, has signed a $100 million joint venture agreement with Washington, D.C.-based Artemis Real Estate Partners to develop inpatient rehabilitation facilities and behavioral health hospitals. “This joint venture will give our operator partners surety of close and execution,” says Patrick Hicks, founder and CEO of Hicks Ventures. “More importantly, it will allow us to perform multiple unit facility transactions with our operator partners that will generate great efficiencies and cost savings.” Hicks Ventures and its principals — Patrick Hicks, David Steidley and Larry …

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