Within the Pipeline: CVS Well being Supplies $17M for Reasonably priced Undertaking; Dawn Continues Renovations

Within the Pipeline: CVS Well being Supplies M for Reasonably priced Undertaking; Dawn Continues Renovations


Within the Pipeline is a part of your SHN+ subscription

Within the Pipeline is delivered to you by the Senior Housing Information Structure & Design Awards, an annual competitors that acknowledges cutting-edge design, excellence, and innovation in senior dwelling.

Development: Deliberate

Scott-Lengthy Development tapped for Dawn Senior Residing renovations

Scott-Lengthy Development, an in depth associate with Dawn Senior Residing for the reason that Eighties, is underway with development renovations for Dawn at Countryside.

The hassle will improve the residential services on the group in a multi-phase mission that began earlier this yr.

“It’s all the time difficult to do renovations in an occupied house, however our staff has confirmed a number of occasions that we’re capable of do exactly that,” stated Scott-Lengthy Development CEO John Scott. “It’s necessary to make sure that the senior residents dwelling in these communities have entry to the very best dwelling situations.”

Development: In Progress

Leo Brown Group, Traditions Administration break floor on Indiana mission

Senior dwelling developer, proprietor and operator the Leo Brown Group not too long ago broke floor on a brand new group in Westfield, Indiana.

Development at Traditions of Westfield consists of 147-units and is a part of the Wheeler Touchdown Deliberate Unit Improvement (PUD) with a number of retailers, eating places, multifamily residences and leisure because the group is near the 400-acre Grand Park Sports activities Campus.

The group covers the continuum of care and features a 20-acre website for strolling paths, water components.

The facilities embody 24-hour nursing employees, an out of doors rooftop lounge, magnificence salon/barber, informal eating, chapel, emergency response methods, health heart, library, outside gathering areas, restaurant-style superb eating, and scheduled transportation to physician appointments and buying.

The Leo Brown Group presently manages 2,500 items of senior housing.

Reasonably priced mission introduced in Texas with CVS Well being help

Fort Price Housing Options not too long ago broke floor on Babers Manor, a mixed-income, multifamily improvement as a part of the Cease Six Selection Neighborhood initiative.

The 80-unit group consists of a mixture of townhome and backyard residences that was a part of a $35 million federal funding grant from the U.S. Division of Housing and City Improvement (HUD) awarded in 2020.

CVS Well being features a $17 million fairness funding for development of the property via Hunt Capital Companions.

Different noteworthy tasks

Development: Deliberate

  • Friendship VIllage in Kalamazoo seeks approval for growth, reworking.
  • Former elementary faculty proposed for reasonably priced senior housing. 
  • New senior dwelling group, Raintree Village, proposed for Lee’s Summit, Missouri.

Leave a Reply

Your email address will not be published. Required fields are marked *