CHICAGO—The Village of Burr Ridge, a Chicago suburb, has just approved the construction of a 40,000-square-foot community that will accommodate up to 76 full-time residents with memory loss. Anthem Memory Care, an Oregon-based firm that owns and operates assisted living centers, will begin construction on the $12 million facility in September. This will be its first facility in the Chicago metro area, although they have plans to build several more.

Upon completion, the community at 15W150 S. Frontage Rd. will employ about 50 full-time equivalent employees. Anthem’s plans for the community were approved at the bimonthly meeting of the Mayor and Board of Trustees on Monday, July 14.

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?


NOT FOR REPRINT

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

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.