— Health Care Properties Quarterly — January 2018www.crej.com
M.E.M. Westminster Property LLP broke ground
on Vistas at Panorama Pointe in Westminster
in September. Vistas is a 69-unit, age-qualified,
income-restricted apartment property, funded
with 4 percent low-income housing tax credits
and state tax credits. Vistas is adjacent to Resi-
dences at Panorama Pointe, an age-qualified,
income-restricted apartment property that
opened in 2011. The general contractor is Shaw
Construction and the architect is LAI Design
Group. The property will be owned by M.E.M.
Westminster Property LLP.
Frasier, a community in Boulder that includes
independent living, assisted living, memory care
and skilled nursing, began construction on a
98-unit independent living expansion in October.
The new independent living building is part of
a larger master-plan expansion that will later
include a new arts and education building, an
expanded wellness center, as well as extensive
renovations of dining venues. The general con-
tractor is Pinkard Construction and the architect
is Hord Coplan Macht Architects.
Epoque Golden, a new 120-unit, market-rate, age-
qualified apartment property, began site work in
November. The architect is Lawrence Group and
the general contractor is FCI Constructors. The
property is being developed by Forum Real Estate
Gunnison Valley Health Senior Care Center, a
50-bed skilled nursing facility, began construc-
tion in August. This new facility will replace the
existing skilled nursing building and will include
mostly private rooms. Of the 50 skilled nursing
beds, 12 will be secure memory care beds for
patients with dementia. The architect is Davis
Partnership Architects. The property will be
owned by Gunnison Valley Health and is expect-
ed to open in the fall.
Senior housing and care construction
September, October, November 2017
Senior Housing & Care
Golden Lodge Senior Living, a 70-unit assisted living and 36-unit memory care property in Golden,
began construction in August. The architect is OZ Architecture and the general contractor is Shaw
Construction. The property will be owned by Golden Lodge Senior Living LLC and will be managed by
WellAge Senior Communities. The property is expected to open in late 2018.
Resort Lifestyle Communities began construction of Sky Pointe Retirement Resort, a new 130-unit
independent living property in Littleton, in July. The property will be owned by Sky Pointe Retirement
Community LLC and will be managed by Resort Lifestyle Communities LLC. The general contractor
and architect is Cameron General Contractors. The property is expected to open this month.
Construction of Balfour at Lavender Farms, a 57-unit assisted living expansion to the existing Balfour
Senior Living campus in Louisville, began in October. The general contractor is Brinkmann Constructors
and the architect is DTJ Design. The property will be owned and managed by Balfour Senior Living.
Real Estate Equities Development LLC began construction of Village Cooperative of Fort Collins, a
52-unit, age-qualified, market-rate cooperative community with member buy-ins. The general con-
tractor is Halcyon Construction and the architect is REE Architecture LLC. The property is expected to
open this year.