SANDY SPRING, Md. — Religious Society of Friends has unveiled plans for a major expansion project at Friends House Retirement Community, a continuing care retirement community in Sandy Spring, located between Baltimore and Washington, D.C.
Development costs are estimated at over $30 million for the project. The expansion will add 47 new units, new dining venues, a fitness center and an interior courtyard to the 62-acre campus.
The new apartments and cottages are designed to meet LEED Gold certification standards. Groundbreaking is scheduled for Sep. 25, for completion by mid-2020.
To fund the project, HJ Sims arranged a $13.2 million loan through a commercial bank and $17 million in bond financing.
Separate from this project, Friends House also plans to construct mixed-income housing options through a partnership with Homes for America (HFA), a nonprofit housing development organization. Construction of the mixed-income housing is scheduled to begin by the end of the year.
The general contractors selected for the project are Warfel and Williamsburg Homes. Lenhardt Rodgers is the architect and design team.