GREENVILLE, N.C. — LCS Development, An LCS Company, has received an undisclosed amount of financing for the community expansion and remodeling project at Cypress Glen, a senior living community in Greenville.
The $90 million project will add 57 independent living residences and include a new auditorium, expo kitchen, wine bar and remodeled amenities. LCS Development has led the planning, development and design, and will oversee the construction services.
The expansion is slated for completion by November 2025.
Cypress Glen sits on over 95 scenic acres and is the only continuing care retirement community (CCRC) in Eastern North Carolina, according to LCS. Life Care Services also provides management services and support for the community and its residents.
Other project partners include SB&A Architects, interior designer RDG Planning and Design, general contractor BLUM Construction and investment partner Ziegler.