Spectrum Retirement Completes Suburban Chicago Senior Housing
Spectrum Retirement Communities has concluded The Oaks at Algonquin, a 166-device senior housing house in Algonquin, Sick. The developer broke ground on the challenge in 2020 the development staff bundled McShane Building Co. and Vessel Architecture.
The three-tale creating presents unbiased living, assisted dwelling and memory care models. Every impartial device functions a total kitchen, while the assisted living models offer you a kitchenette with a fridge and microwave. Widespread-location amenities include things like three restaurants, a pub, a salon, a media lounge, a theater, and outdoor spaces with a grill location, dining patio and memory-treatment backyard garden.
Situated at 2595 Harnish Push, the 30-acre property is a lot less than 4 miles from the city center and some 47 miles from downtown Chicago. The encompassing area has several professional medical workplaces and Ted Spella Neighborhood Park is within going for walks length. Many eating and searching venues are also nearby.
In September, another Chicago-spot senior housing task broke floor in West Dundee. Nelson Development & Growth picked McShane Design to establish the 131-unit senior living neighborhood that was slated for an April 2023 supply.
In spite of the senior housing market place becoming afflicted by the pandemic, there is a require for these types of facilities thanks to demographics, as the quantity of 80-year-olds will increase exponentially in the following 10 many years.
