MATTHEWS, N.C. — Acts Retirement-Life Communities has started construction on a $59 million expansion at Matthews Glen, a 124-acre continuing care retirement community in Matthews. The project will add 72 independent living apartments and 16 villas to its campus. Construction is also underway to add additional assisted living residences. The new construction is Phase II of the expansion and features 1,650- to 1,785-square-foot apartments along with 2,275- to 2,500-square-foot duplex-style villas. Amenities include tennis and pickleball courts. Acts is also adding 40 suites to its OakBridge Terrace assisted living residence, which …
Development
STONECREST, Ga. — McShane Construction Co. has completed the construction of Stonepointe, a 238-unit affordable senior living community in Stonecrest, just southeast of Atlanta. Dominium was the developer of the project while Martin Riley Associates served as the architect. Construction began in January 2020. Positioned on 11.3 acres of land, the four-story building features units ranging from one to three bedrooms. Last month, McShane also completed Covington Crossings, another affordable senior living residence for Dominium in nearby Covington.
MELBOURNE, Fla. — Adëlon Capital has broken ground on its first senior living property, Parasol Melbourne in Melbourne. Cimbra Partners is the principal co-investor on the project. United Plus Property Management will operate the community, which Certified General Contractors will build. The four-story luxury community will feature 159 one- and two-bedroom units ranging from 742 to 1,067 square feet.
United Group Opens $53M Arcadia Gardens Active Adult Community in Palm Beach Gardens, Florida
PALM BEACH GARDENS, Fla. — United Group of Companies, along with ownership partners Sina Cos. and Mayan Properties, has opened Arcadia Gardens, an active adult community in Palm Beach Gardens. Development costs were estimated at $53 million. Mayan Properties is an affiliate of Miami-based Aztec Group. Arcadia Gardens features 220 one- and two-bedroom apartments, plus a 15,210-square-foot clubhouse, for adults ages 55 and older. Floor plans range in size from 726 to 2,322 square feet with monthly rents beginning at $2,575.
WEYMOUTH, Mass. — Monarch Communities has started construction of its new Monarch Senior Residence in the South Shore city of Weymouth. The community will add 165 apartments to the Monarch portfolio when it opens, which is currently scheduled for summer 2023. The site is located on Main Street near South Shore Hospital and directly across from the South Weymouth train station. Monarch designs its buildings to create a pedestrian-friendly front plaza which will offer art fairs, farmers markets and festivals. Amenities are available for both residents and team members. This …
YORK, Pa. — IntegraCare Corp. has broken ground on a seniors housing community in York, approximately 90 miles west of Philadelphia and 50 miles north of Baltimore. The 124,000-square-foot community will feature 68 independent living, 42 assisted living and 20 memory care units. It has not yet been named. Warfel Construction is the general contractor, while Avenue Development is the development partner. The community is scheduled to open in early 2023. The community is located on the grounds of the former Fitz Farm and will offer a mix of studio, …
DALLAS — Cadence McShane Construction Co. has started construction of Anthology of Highland Park, located in the Highland Park neighborhood of Dallas. Anthology Senior Living is developing the 11-story assisted living community, which will feature 121 units. PRDG is the designer. The 130,000-square-foot development will incorporate 24 memory care units occupying the second floor, and 97 assisted living units on the remaining floors. The assisted living units will include eight studios, 53 one-bedroom and 36 two-bedroom/two-bath configurations. Construction will also include below-grade parking and ground-level parking, providing 58 spaces for …
Mana Investments, Hunter Street Partners Plan 128-Unit Community in Livermore, California
LIVERMORE, Calif. — Mana Investments and Hunter Street Partners LP have unveiled plans for a 128-unit independent living, assisted living and memory care community in the Bay Area city of Livermore. The project will be part of The Well at Sunset, a mixed-use project featuring medical and creative office space. Construction on the 130,000-square-foot seniors housing project is slated to start in fourth-quarter 2022. “There is a significant need for higher quality senior living options around the region, and the City of Livermore is an underserved market,” says Scott Murray, …
YUMA, Ariz. — Ativo Senior Living has opened Ativo of Yuma, an assisted living and memory care community in the Fortuna Foothills submarket of Yuma. The 79-unit community features floorplans ranging from studio to one- and two- bedroom options. This is the first project between Link Development and Insight Senior Living, as the management company, with future projects set for Prescott Valley, Arizona; Albuquerque, New Mexico; and Sundance, Arizona.
CHARLOTTESVILLE, Va. — Anthology has opened Anthology of Charlottesville, an independent living, assisted living and memory care community in Charlottesville. The 180,000-square-foot community features 179 apartments. According to a recent report by the U.S. Census Bureau, almost 20 percent of the Albemarle County population has already reached age 65 and older, a number that will continue to climb as the baby boomers age.