Including determining the competitive landscape and defining a customized market area.
Senior Living
Senior Living
Each market segment within the senior housing continuum requires unique knowledge of its specific operational model to create flexible and functionally designed communities that meet the evolution of senior care.
Senior Living
Expertise
Senior living has an ever-expanding definition that encompasses a continuum of social and healthcare needs for its residents. As demographic trends rapidly shift for aged Americans, the products and services demanded will be highly customized for the consumer, both in terms of real estate design and healthcare offerings in the communities. Each market segment requires unique knowledge of its specific operational model to create flexible and functionally designed buildings ensuring our developments meet the evolution of senior care.
Avenue specializes in all aspects of senior housing options including:
- Active Adult – Avenue’s Lifestyle & Wellness Model Coming Soon
- Independent Living
- Assisted Living
- Memory Care
- Skilled Nursing Care and Short-Term Rehabilitation
Development Services | Senior Living
Randall Residence at Gateway Park
This senior living development is part of a larger master plan for the I-70 corridor just east of Indianapolis, and serves the residents of Hancock County, Indiana. Residents will have access to onsite amenities such as multiple dining venues, theater, meeting and activity space, fitness equipment, a beauty salon and more. Strategic outdoor amenity spaces with an emphasis on keeping aging adults healthy will also be a focus of the community. In addition, the proximity of Hancock Health at Gateway Park provides an opportunity for additional programming to be developed in collaboration with the wellness experts at Hancock Health.
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Development Services | Senior Living
Smith's Mill Health Campus
Smith’s Mill Health Campus is the perfect location for providing strategic post-acute rehabilitation adjacent to Mount Carmel New Albany, affiliated with one of central Ohio’s largest health systems, in combination with the idyllic suburban setting of New Albany for senior living that is truly home.
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Development Services | Senior Living
THE RESIDENCE AT FITZ FARM
Situated on a historic piece of land, The Residence at Fitz Farm brings new options in senior living to York, PA. Working closely with all our partners, including the Fitz family in the purchase of the land and the retelling of its history in this new building, Avenue Development is thrilled to be at the helm of this development.
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The Complete Guide to Senior Living Development
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Services
Project Feasibility Analysis
Combine schematic real estate design and budgeting with operational revenue and expense projects to determine fundamentals of success before initializing a large investment
Schematic Project Design Package
Create a preliminary site plan, building design and floor plan layouts to maximize operational efficiency. Determine an initial project budget as the foundation for project transparency and planning to all stakeholders.
Turn-Key Development Services
- Advisory Services and Assessments
- Project Visioning and Collaborative Design with Operating Partners
- Land Due Diligence
- Entitlement Procurement
- Certificate of Need Procurement (as needed by state)
- Project Design Management
- General Contracting Selection and Management
- Construction Management (through our partner, Inherent Commercial)
- FF&E Procurement
Development Financing
Partnership is a core belief in the Our Avenue model, and this is especially true when our partners determine the best project financing options meeting their requirements. We offer flexible real estate financing options including:
- Fee-for-service development
- Joint venture partnerships
- NNN lease structures
- Turn-key development with Avenue procured capital stack