By Matthew Roy for Arizona Builder’s Exchange
The City of Scottsdale Development Review Board will consider an application for a project that will develop another new “age in place” senior living facility near the NEC of Scottsdale and Pinnacle Peak Roads. If approved, Investment Property Associates, Inc. (IPA) will create a community suited to accommodate independent lifestyle “active adult” seniors, who may live on-site long term as they age and their needs change.
IPA is the force behind the Generations communities – such as Generations at Agritopia and Generations at Ahwatukee – which co-locates senior living together with traditional multifamily housing (AZBEX, July 28, 2015). Similarly, another developer recently teamed with the ASU Foundation to build 20-story, 291-unit independent and assisted living high-rise, called Mirabella, which will rise adjacent to the university campus (AZBEX, June 28, 2016).
IPA has submitted their plans – including architectural design and layout, landscaping, open space, site details, lighting and signage. If approved, their project will replace a vacant corporate office building on a 4.5-acre site and redevelop the property as a facility offering independent living, assisted living and memory care.
The proposed campus will consist of a 167KSF two-story building rising to include up to 110 units. Memory Care units will be located at the northwest section of the building on both floors comprising 20 units for a total of 24KSF. The remaining 90 units will accommodate independent and assisted living, with 76KSF on the first floor and 67KSF on the second.
In addition to an entry along Scottsdale Road, access and parking for the facility will be shared with the Whitestone Pinnacle at Scottsdale retail place, which lies just to the south, through a shared parking agreement. The majority of services and activity will occur on the south side of the facility – toward the shopping plaza and away from the single-family residential neighborhoods to the north.
This proximity and partnership will provide a substantial benefit to residents, providing easy access to goods and services at the adjacent plaza, which is anchored by a Safeway grocery store and includes a Wells Fargo bank, Starbucks and several restaurants. Another multi-tenant grocery-anchored plaza lies just south of there, at the SEC of intersection.
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