Amenities at the property include an indoor pool, library,salon, spa and full dining and kitchen facilities. The site alsoincludes two large interior courtyard areas and underground deckparking.

The Paric Corp., based in St. Louis, was the constructionmanager for the project. Todd Goodrich, a VP with the company, saysthis property benefits from having various levels of care, fromindependent living, to assisted living, to skilled nursing care."This is what's known as a continuing care retirement community, orCCRC. Traditionally, you've had properties that were standalone,providing only one type of care. For the past four-to-five years,this type of property has become more prevalent."

The CCRC facilities allow families to stay in the same locationif life needs change, he says. "If a couple moves into theindependent living, then one falls ill, they can go easily intoskilled nursing care without having to leave home," Goodrichsays.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.