Final Phase of Siena, Active Living Retirement Community in Cinnaminson, Moving Forward
"Active living communities are a rapidly growing subsector of senior living,” says Michael Hartman, principal – active living, Capitol Seniors Housing.
CINNAMINSON, NJ—The final phase of Siena, an upscale multifamily retirement community in Cinnaminson, NJ, is underway.
Capitol Seniors Housing acquired Siena earlier this year and has begun work on a state-of-the-art clubhouse and seven residential buildings with 119 luxury homes for lease. The new homes will feature large and spacious floor plans with well-appointed kitchens, laundry rooms and other amenities. The project is expected to be completed as early as mid-2019.
“We are very excited about this project and the completion of Siena. Active living communities are a rapidly growing subsector of senior living that appeals to adults who are ready to downsize and live near neighbors like themselves, but not quite ready for the more traditional independent living community,” says Michael Hartman, principal – active living, Capitol Seniors Housing. “We are also thrilled about the opportunity to be a part of the redevelopment efforts along Route 130, including new tenants in The Shoppes at Cinnaminson across the street from Siena.”
Located at 1411 Siena Drive across from The Shoppes at Cinnaminson, Siena is a 15-acre development and home to adults aged 55 or older and currently consists of five buildings with 85 residences. Existing and new residences at Siena are all two-bedroom models ranging from 1,114 to 1,873 square feet. Residences will also include contemporary finishes including granite countertops, luxury plank flooring, stainless appliances and custom cabinetry.
“Completing Siena’s master plan perfectly aligns with our investment strategy and vision for our Active Living division,” says Scott Stewart, managing partner of Capitol Seniors Housing. “We look forward to becoming part of the Cinnaminson Township community, which offers an amazing quality of life and is an ideal area for retirees to live.”
Located off the Burlington Pike at 470 US 130, Siena is ideally situated within minutes of the Philadelphia bridges and near numerous shopping centers, restaurants, service retailers and country clubs. Nearby retail includes The Shoppes at Cinnaminson and five malls all within a 20-minute drive. Recreation and social activities are close by and include the Pomona Swim Club, as well as Riverton, Willow Brook and Ramblewood country clubs.
Siena will be managed by Cove Property Management, Annapolis, MD.