LYNCHBURG, Va. — LifeSpire of Virginia has announced plans for an $80 million expansion of The Summit, a continuing care retirement community in Lynchburg.
Although the number of units was not disclosed, the company says the project will “create dozens of new residences” via 18 cottage homes and multiple villa options, as well as a new memory care neighborhood.
The nonprofit LifeSpire of Virginia, which acquired The Summit in late 2021, plans to complete the expansion over the next 24 months.
As Virginia’s senior population swells to an expected 2.2 million people by 2030, one out of every five Virginians will be 65 or older, according to LifeSpire.
“Older adults in Lynchburg and the surrounding areas have faced significant waitlists for senior communities, leaving some residents without access to maintenance-free living or integrated healthcare services,” says Kristi Martin, executive director at The Summit. “With expansion on the horizon and some current availability, we’re happy to be able to offer a choice.”
The Summit sits on a 125-acre campus, which comprises scenic trails; a 10-acre lake for fishing, kayaking, canoeing; and peaceful forest areas.