CR Properties, Cardinal Ventures Break Ground on 213-Unit Community in Louisiana

by Jeff Shaw

BATON ROUGE, La. — A joint venture between CR Properties and Cardinal Ventures has broken ground on The Blake at The Grove, a 213-unit independent living, assisted living and memory care community in Louisiana’s state capital.

The community will be located within Grove, a 118-acre mixed-use development, giving residents pedestrian access to shops, restaurants, hotels, medical services and an eight-mile multi-use trail.

When completed, The Blake at The Grove will feature 111 units of independent living, 67 units of assisted living and 35 units of memory care. Blake Management Group will operate the community.

The Blake at The Grove is expected to open in the summer of 2017. A sales office will open on site in the fall of 2016.

CR Properties and Cardinal Ventures are both real estate developers based in Mississippi.

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