Thursday, May 15, 2025
Read the Magazine Subscribe

Development

DevelopmentFrom The Magazine

A New Blueprint

by Jeff Shaw

Architects adjust their designs for incoming baby boomers, better infection control. By Jeff Shaw Most often, when it comes to planning for the future of the seniors housing industry, it’s considered from the angle of operations — the adjustments that must be made in programming, amenities and sales strategies for the next generation of residents. But programming and amenities don’t occur in a vacuum. The location, design and overall physical plant of a seniors housing community all affect what activities can take place that would appeal to a modern senior.  …

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingCaliforniaDevelopmentNews

Clearwater Opens 110-Unit Community in North Tustin, California

by Jeff Shaw

NORTH TUSTIN, Calif. — Clearwater Living has opened Clearwater at North Tustin, a 110-unit assisted living and memory care community in the Orange County municipality of North Tustin. The community features 72 assisted living apartments and 38 memory support apartments. Clearwater Living now operates five communities in California and Nevada.

Continue Reading
0 FacebookTwitterLinkedinEmail
CCRCDevelopmentFloridaNews

FK Architecture Designs 155-Unit Expansion at Westminster Baldwin Park in Orlando

by Jeff Shaw

ORLANDO, Fla. — FK Architecture has completed design work for the second phase of Westminster Baldwin Park in Orlando. The 180,000-square-foot expansion will bring the continuing care retirement community to a total of 155 units and 40 rehabilitation beds. The second phase features three additional new residential buildings with 75 apartments. The general contractor for the project is Clancy & Theys.

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingDevelopmentNewsSouth Carolina

Watercrest Completes 98-Unit Community in Myrtle Beach

by Jeff Shaw

MYRTLE BEACH, S.C. — Watercrest Senior Living Group and equity partners Peninsula Alternative Real Estate and Corecam Capital Partners have completed Watercrest Myrtle Beach Assisted Living and Memory Care, a seniors housing community in Myrtle Beach. The community features 76 units of assisted living and 22 units of memory care.

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentNew JerseyNews

Reuten Associates Plans 195-Unit Residences at Reuten Park in Closter, New Jersey

by Jeff Shaw

CLOSTER, N.J. — Reuten Associates has released site plans for the Residences at Reuten Park, a 195-unit luxury senior living development in Closter, approximately 15 miles north of Manhattan. Property owner Reuten Associates and developer Metropolis Property Group are seeking a variance to transform outdated industrial buildings at Reuten Corporate Park into a mix of independent living, assisted living and memory care. “The Residences at Reuten Park is a wonderful project that will convert an underutilized piece of industrial property into an upscale residential development that represents a new era …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentFloridaIndependent LivingNews

Validus Opens 169-Unit Inspirations at Town Center in Jacksonville

by Jeff Shaw

JACKSONVILLE, Fla. — Validus Senior Living  has opened Inspirations at Town Center, a 169-unit independent living community in Jacksonville. Located on 12.1 acres, the property features one- and two-bedroom options. Inspirations at Town Center is part of an ongoing relationship with Baxter Development LLC, a multi-generational, Iowa-based real estate development company.

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentNewsTexas

Merchants Capital Arranges $102M Financing for Historic Affordable Housing Redevelopment in San Antonio

by Jeff Shaw

SAN ANTONIO — Merchants Capital has arranged $102 million in combined debt and equity financing to support the redevelopment of Granada Homes, a historic affordable housing property located along the River Walk in the heart of downtown San Antonio. Originally constructed in 1927 as the Plaza Hotel, the property is currently a mixed-use, 14-story high-rise housing the low- and very-low-income senior population. The financing for the project includes a $43 million Merchants Bank of Indiana construction loan and $35 million in Merchants Capital syndicated tax credit equity. Merchants Capital also …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentNewsTennessee

Sagestone Partners, Arbor Company Plan 237-Unit Opus East Memphis

by Jeff Shaw

MEMPHIS, Tenn. — Sagestone Partners and The Arbor Company have unveiled plans for Opus East Memphis, a senior living facility in Memphis. The 237-unit community is scheduled to welcome residents in early 2023. Opus East Memphis will feature 47 cottages, 107 independent living apartments, 63 assisted living apartments and 20 memory care residences.

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingCaliforniaDevelopmentNews

Meta Housing Completes Arboleda Senior Apartments in La Puente, California

by Jeff Shaw

LA PUENTE, Calif. — Meta Housing Corp., Western Community Housing Inc. and the City of La Puente have opened Arboleda Senior Apartments, an affordable, 74-unit multifamily community for adults age 62 years and older. The property features one- and two-bedroom units with rents ranging from 40 percent to 70 percent below market rate. Meta Housing partnered with Bank of America, California Community Reinvestment Corp., Los Angeles County Development Authority and the California Tax Credit Allocation Committee to finance the project.

Continue Reading
0 FacebookTwitterLinkedinEmail
Active AdultDevelopmentGeorgiaNews

Greystar Opens Overture Powers Ferry Active Adult Community in Atlanta

by Jeff Shaw

ATLANTA — Greystar has opened Overture Powers Ferry, an active adult community in Atlanta. The property is located near The Battery, a popular development surrounding the new Atlanta Braves baseball stadium. The number of units was not disclosed. “Overture Powers Ferry provides the perfect location for someone seeking to become a member of an active community located in the heart of Cumberland near shopping, dining and entertainment with easy access to the main freeways,” says Malcolm Bemba-Kaye, regional property manager said. Floorplans come in one- and two-bedroom options.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts