Senior Living

Lane4 breaks ground on two senior living communities

LANE4 Property Group began construction on two sites within the Kansas City metro for its newest independent senior living development concept, Novel Place.

The facilities are located at 95th and Metcalf in Overland Park, and Hwy 40 and Hwy 7 in Blue Springs.

“Novel Place is setting a new standard for affordable, yet convenient, independent senior living. Future residents will have access to more amenities without having to break their bank,” said Hunter Harris, Lane4 partner.

Novel Place’s mission revolves around providing each resident with an improved sense of lifestyle rather than just a place to call home. Home health, dining, wellness, and transportation programs are available to future residents; each thoughtfully crafted to enhance the residents’ experience.

“We’re thrilled both Novel Place locations will be joining neighborhoods in Kansas City that already embody a strong sense of community,” Harris said.

Novel Place offers refined common areas, outdoor courtyards, an in-house fitness studio, and multiple gathering spaces for residents and their guests.

Each location features 134 apartments in a three-story building with a variety of studio, one, and two-bedroom floor plans.

“Our ergonomically friendly features, relaxed contemporary coastal design, and passionate commitment to foster a true sense of community are the cornerstones of our mission,” said Deb Wagner, Novel Place vice president of senior living.

“In our minds, it’s not just about constructing a building; it’s about providing a safe and affordable solution where neighbors can enjoy, support, and celebrate each other,” Wagner said.

Omaha-based, NewStreet Properties, LLC, has joined LANE4 as investment partners for both Novel Place locations. Architectural services for each project will be provided by Davidson Architecture and Engineering and construction services will be provided by Centric.

Academy Bank will provide financing for Novel Place of Blue Springs and Security Bank will provide financing for Novel Place of Overland Park.

Both locations are expected to be open by Summer of 2020.

Astoria Healthcare Properties adds senior living to the map

The Retreat of Alameda will be the first senior living facility for Leawood, KS-based, Astoria Healthcare Properties, who has typically developed ambulatory surgery centers, surgical specialty hospitals and medical office buildings.

The assisted living and memory care facility consists of approximately 93,000 SF with 72 apartments for assisted living, and 38 memory care apartments in a separate, secured setting.

“Adding senior living as a product type is a natural extension for us. Our expertise is developing healthcare facilities with the goal of providing higher quality care at a lower cost. Not only is the demand for senior living increasing, but the ability to provide a product that provides quality care at an affordable price is in greater demand," said John Foudray, Astoria Healthcare CEO.

Amenities include a full kitchen and private dining room with wood slat ceilings, contemporary café/pub, theater, therapy room, fitness center, salon/barber, multi-activity room, lounge and outdoor courtyards. A looped walking path is connected to a central outdoor atrium, giving residents the opportunity to be outdoors on their own. The entire facility will be steel-framed and have an emergency generator system.

The facility, designed by triARC Design, provides a fresh take on traditional senior living, focusing on the current generation of design-savvy seniors who appreciate a more contemporary aesthetic.

"The design story revolves around how different people approach the concept of “retreat, ” said Jon Hanna, triARC Design senior project manager. "Each space gives a different way to retreat; to wander, to contemplate, to be vibrant, and to decompress."

The Retreat at Alameda will be managed by Paradigm Senior Living, a national provider of management services to the senior housing industry. Paradigm has assisted in operation of more than seventy senior living communities, totalling 8,500+ living units, valued at more than $1B.

The project is located in northern Phoenix, at 1920 W. Alameda Rd., an area currently undergoing rapid residential development. Construction on the project is scheduled to commence in September with completion in March 2021.

Astoria Healthcare Properties is owned by Nueterra Capital, a private equity company investing in healthcare and technology companies.

Hunt Midwest and Principal Senior Living Group open ninth Benton House

Hunt Midwest, in partnership with Principal Senior Living Group, recently welcomed the first residents to Benton House of Olathe, its newest assisted living and memory care community located at 15700 W. 151st St. in Olathe, KS.

“Benton House of Olathe is situated amongst several established neighborhoods, providing area seniors needing assistance with daily activities the option to remain in the same community, close to friends and family,” said Ora Reynolds, president and CEO of Hunt Midwest.

“Excellent schools, city services and a full range of housing options have made Olathe a popular choice for families to call home, but market research indicated a gap between demand and the availability of high-quality senior housing. Our team is thrilled to offer Benton House of Olathe to meet the current and ongoing needs of seniors and their families for first-class assisted living and memory care.”

This is Hunt Midwest and Principal Senior Living Group’s ninth metro area Benton House community; more than double the number locations initially planned by the partnership when it entered the Kansas City senior housing market in 2011.

“The success of Benton House senior living communities has significantly outpaced our initial projections in terms of capital investment and number of locations," Reynolds said. "Our investment of $85M in senior housing development has subsequently resulted in the creation of more than 700 jobs to support the construction, management and operation of our Benton House locations.

Benton House of Olathe incorporates a variety of indoor and outdoor amenity spaces and 55 studio and one-bedroom apartment suites arranged in a figure eight around two landscaped courtyards. Also offered is the Beacon Neighborhood, an exclusive, secured area dedicated to residents in need of additional memory care services and support.

“Our award-winning team takes great pride in providing compassionate, individualized care to residents and their families,” said Kyle Diekmann, chairman of Principal Senior Living Group. “Benton House offers a variety of programs and events designed to promote an engaging, active lifestyle for our residents. We’re proud to have earned the reputation of being a wonderful place for area seniors to call home.”

Traditional architecture and interior design give Benton House of Olathe a classic, timeless look that complements the surrounding neighborhood. Elements include a neutral color palette and mix of stone, brick and stucco on the façade, lush landscaping, and signature white cupola atop a sweeping, covered front entry.

The single-story, 52,000-square-foot building is situated on 4.4-acres, allowing ample room on the site for future expansion of the Beacon Neighborhood with minimal impact to residents living at Benton House or nearby.

Hunt Midwest and Principal Senior Living Group currently own and operate a portfolio of six Benton House locations that include Benton House of Olathe, Benton House of Staley Hills, Benton House of Lenexa, Benton of Tiffany Springs, Benton House of Raymore and Benton House of Blue Springs. Previously owned locations include Benton House of Shoal Creek, Benton House of Lee’s Summit and Benton House of Prairie Village.

The company’s Benton House assisted living facilities serve seniors who don’t want or need a nursing home, but who are weary of home upkeep, in need of a little personal assistance or simply desire to have more interaction with others. The company currently owns/operates 25 Benton House assisted living and Alzheimer’s/memory care service centers.