12 Mar In the Pipeline: Work Starts for Welltower and Sunrise Project in Manhattan
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Hunt Midwest Planning New Projects in Florida and Tennessee
Hunt Midwest Real Estate Development has announced the acquisition of a 6.4-acre site in Royal Palm Beach, Florida, with plans to build its first senior housing community outside the Kansas City area there.
The Capstone at Royal Palm is an assisted living and memory care community with 84 suites for up to 114 residents. As planned, the community will have a “resort-like feel” with Mediterranean architecture and amenities such as a great room, formal dining room, fitness center, bistro, sunroom and access to walking trails and a dog park.
Integral Senior Living will operate the community, and construction is expected to begin this fall with an expected opening date in late 2019. Rocky Goins and Asssociates served as the project’s land acquisition consultant, Pi Architects is leading the community’s overall design and Proctor Construction is set to be its general contractor.
That’s not the only metro area Hunt has its eye on, however. The company also recently signed contracts to purchase land in Mt. Juliet and Gallatin, two suburbs of Nashville Tennessee.
High-rise Senior Living Development Planned in Seattle
Columbia Pacific Advisors has secured roughly $114.69 million in financing for the development of 620 Terry, a high-rise senior housing property planned in Seattle.
The new community will have a total of 243 independent living, assisted living and memory care units. The 24-story property, which is due for completion in 2019, will come with amenities such as a full-service restaurant, bistro and cafe, two bars, a top-level club room, auditorium, theater, wellness suite and gym.
Ankrom Moisian designed the project. The development loan was provided to Columbia Pacific Advisors by HCP, Inc. (NYSE: HCP), with additional advising services from Holliday Fenoglio Fowler.
Construction: In progress
Work Underway for Welltower and Sunrise Project in New York City
International real estate firm Hines and Welltower (NYSE:WELL) this week broke ground on a 16-story tower that will house midtown Manhattan’s first purpose-built assisted living and memory care community.
As planned, Sunrise at East 56th, also known as “The Welltower,” will have 151 units, with retail at the base. Sunrise Senior Living will manage the development, which is slated for completion in early 2020. The community will begin pre-leasing in 2019.
Achitect SLCE designed the community, with interiors by Champalimaud. The property’s design includes large windows, multiple terraces and outdoor gardens, and many common areas. Amenities include dining rooms, a salon, exercise facilities, medical examination rooms, an art studio and a theater.
Other perks for residents include air purification systems, circadian lighting, and wellness programming and close proximity to a number of New York City’s top health care providers—not to mention shopping, dining and entertainment.
Construction Begins for Independent Living Project in Florida
LandSouth Construction, a general contractor specializing in senior housing, multifamily and mixed-use development, has started work on Trinity Independent Senior Living, a $19.3 million independent living community in New Port Richey, Florida.
Watermark Retirement Communities will operate the five-story community, which will have 117 dwellings and amenities such as a fitness center, hospitality bar and cafe bistro with access to covered porches, theater, salon, formal dining, activity room and an arts and crafts studio.
Chancey Design Partnership is the project’s architect. Construction is expected to wrap up in June, 2019.
Preliminary Work Starts for Florida Community
Workers have begun preliminary site work for Thrive at Four Mile Cove, a 140-unit independent living, assisted living and memory care community under construction in Cape Coral, Florida.
The 11-acre, $31 million community will have high-end amenities such as a salon, movie theater, dog park, and putting green. Design firm Studio+ is leading the community’s design, and DeAngelis Diamond Construction is the general contractor.
Work is expected to finish by January of 2019.
Waterfront Renovations Planned at Florida Community
The Fountains at Boca Ciega Bay, an independent living, assisted living and memory care community in St. Petersburg, Florida, is investing $90,000 in a waterfront renovation that will provide residents with a place to socialize, exercise, relax and enjoy views.
As planned, the new waterfront space will have retractable awnings, lounge furniture and outdoor dining and will provide a space for social events and classes.
The upgrades are part of a nearly $300,000 renovation project currently underway at The Fountains. Crews are also hard at work revamping the community’s main dining room, memory care dining room and living room and parking lot. The renovations are expected to wrap up in July.
MorningStar to Open Iowa Community This Month
MorningStar Senior Living is scheduled to hold a gala March 28 to celebrate the opening of MorningStar at Jordan Creek, a $12 million, 85-suite independent living, assisted living and memory care community in Des Moines, Iowa.
New in the resource center
The community spans 265,000 square feet and is situated on three acres within the residential and retail area of Jordan Creek. Seniors started moving into the community earlier this month.
Illinois Senior Living Community to Open April 1
Brightly Senior Living, formerly Legacy Place, is planning to open an $8 million assisted living, independent living and memory care community in Mascoutah, Illinois.
The 57-unit community will have amenities such as a theater, exercise room, cafe, activity room, private and communal dining areas, salon, chapel and a walking path.
Residents will pay one all-inclusive rent for all levels of care and get services that range from personalized staff assistance and medication management to housekeeping and laundry service.
Other noteworthy projects:
— Provision Living could open a $40 million assisted living and memory care community in Macomb Township, Michigan.
— A sprawling 84-unit independent living community is in the works for Franconia, Pennsylvania.
— City officials have provided preliminary approvals for a proposed 78-unit assisted living and memory support project in Carbondale, Colo.
— A non-profit senior living organization in Emmaus, Pennsylvania, has plans to turn a former corporate headquarters there into a senior living campus with 78 apartments.
— Waters Senior Living plans to open a 130-unit community near Pittsburgh.
— A farm in Penfield, New York, is set to move and make way for a proposed 162-unit senior housing project.
— A new assisted living and memory care community is in the works for Columbus, Georgia.
— Ryan Companies is planning to build a 281-unit independent living, assisted living and memory care community on the site of a former grocery story in St. Louis.
— Columbia Pacific Advisors has proposed building an 139-unit assisted living and memory care community in Newark, Delaware.
— City officials has approved plans for Vrindavan Resorts, a senior living project planned for 13.7 acres in Missouri City, TX, just outside of Houston.
— A vacant school in Waterloo, New York, could soon become a 32-unit affordable community for seniors.
— A nonprofit could soon move forward with plans for a new affordable community for seniors in Orinda, California.
— A villa community for seniors in Tipp City, Ohio, is adding 46 new apartments.
— New state funding could be enough to bring a 30-unit assisted living community to Lakebay, Washington.
— Construction crews are now hard at work building a new 118-unit independent living, assisted living and memory care community in Port Orange, Florida.
— A 128-unit independent living property from Resort Lifestyle Communities is on track to open next year in Huntley, Illinois.
— Westminster Village, a senior living community in Bloomington, Illinois, is undergoing $70 million worth of renovations.
— Construction has wrapped up for LCB Senior Living’s The Residence at Silver Square, a 76-unit community in Bedford, New Hampshire.
— A new senior living community opened last month in Plymouth, Minnesota.
— Totem Lake, Washington, has a new 91-apartment senior living community.
— Wayne Tower, a 154-unit senior living community, has opened its doors in Wayne, Michigan.
— A developer has plans to convert a former hospital in Hannibal, Missouri, into a 54-unit community for low-income seniors.
Written by Tim Regan