A mixed-use growth within the Pacific Northwest will embody a senior dwelling neighborhood, pairing the location with an athletic membership and public-facing facilities.
The event, often called Hyas Level in Washougal, Washington, is being led by Portland, Oregon-based RKm Growth, with the senior dwelling part and athletic membership being a part of a “multi-generational, mixed-use, built-in dwelling” undertaking, in line with Central Bethany Director of Particular Initiatives and Growth, Channa Kim, as first reported by the Camas-Washougal Submit-Document.
The primary part of development will add streets, 4 buildings with 276 residences, and 56,000 sq. ft of retail area. It’s anticipated to start out later this fall, the newspaper stories. The senior dwelling neighborhood and athletic membership can be constructed within the second part.
“It nonetheless feels actually distant as a result of we’re simply getting began on the primary part, however with how lengthy design and planning takes, we really feel prefer it’s good to get our geese in a row and be ready for the subsequent step, and in addition introduce to you the way we see this as a continuation of the imaginative and prescient for Hyas Level as a complete,” Kim stated at a presentation to neighborhood leaders, in line with the Submit-Document.
Design work for the undertaking was accomplished three years in the past.
The senior dwelling part features a six-story senior dwelling middle on a 200,000-square-foot parcel and can embody 183 models for impartial dwelling, assisted dwelling, and reminiscence care. The middle will characteristic a library, a number of kitchens, designated exercise areas, and entry to the public-facing facilities within the space. Plans name for the senior dwelling neighborhood to additionally characteristic a full-service restaurant that can be open to the general public.
Central Bethany presently operates the Bethany athletic membership in Portland, which is a property considered because the mannequin for the longer term athletic membership as a part of the event in Hyas Level. The Bethany Athletic Membership is located adjoining to the Laurel Parc at Bethany Village senior dwelling neighborhood.
The athletic membership design requires a 96,000-square-foot facility with facilities akin to a basketball court docket, indoor pool, locker rooms, tennis courts, pickleball courts, and a weight room, the article states.
Senior dwelling growth lately has slowed, with financing tough to safe, however rate of interest reduction may spur capital companions and operators to re-engage. As beforehand reported by SHN, mixed-use initiatives, together with intergenerational ideas, are actually a viable path ahead for suppliers.