CLAYTON, Mo. — Ryan Cos. US Inc., Life Care Services and Harrison Street Real Estate Capital have broken ground on Clarendale Clayton, a 13-story seniors housing tower in Clayton, a suburb of St. Louis.
When complete, the property will offer 195 independent living units, 66 assisted living units and 20 memory care units. Development costs were estimated at $120 million.
The site is a former Schnucks’ grocery store that was open for 50 years, but has been vacant for the last 15. Several proposals to fill the land were considered, but Clarendale Clayton was eventually approved due to market needs and low traffic impact, according to Ryan Cos.
This will be the first development of this scale in Clayton that includes licensed assisted living. The amenities on the property include a unique signature community room on the 12th floor that opens to an outdoor terrace with a view of the St. Louis Arch. Also included is 1,500 square feet of retail along Hanley Road.
Clarendale Clayton is Ryan Cos.’ and Life Care Services’ second development together in the St. Louis area. Clarendale of St. Peters, located in St. Peters, will open in early 2020.
The construction of Clarendale Clayton is scheduled for completion in spring 2021.
Ryan Companies is the developer and general contractor, while Ryan A+E and ACI Boland are the architects on the project. Grimes Consulting is the civil engineer, while both Oculus and RDG Planning & Design are providing the interior design. LCS, the second largest senior living operator in the country, will manage the community.