Ryan Announces Continued Advances in Four Senior Living Projects
Minneapolis, MN (March 15, 2017) Ryan Companies and Grand Living have announced advances in several senior living projects around the country including Iowa, South Dakota and Florida.
The 164-unit Grand Living at Indian Creek community in Cedar Rapids, Iowa has closed on the purchase of land from the Indian Creek Nature Center. Pre-work is expected to begin immediately with the balance of the construction work to begin this summer. The Cedar Rapids community will have 164 units and offer a mix of independent living, assisted living and memory care. The community will open in 2018.
In Coralville, Iowa, the Grand Living at Bridgewater community is under construction and expected to be open for residents in March of 2018. The Bridgewater community will have 170 residences with a mix of independent, assisted and memory care units. This project is located adjacent to the Firefighter’s Memorial on First Avenue.
Lake Lorraine, located in Sioux Falls, SD saw its first residents moving in on March 1st. Lake Lorraine has 156 residences offering a mix of senior living options and amenities that are a standard for all Grand Living communities including several distinctive dining venues, a performance theater, a spa and a salon, as well as many other activity areas for residents.
In Florida, Citrus Hills is a 165-unit senior living community at the entrance to the Terra Vista master planned community located in the Villages of Citrus Hills. This community is nearing completion of construction and will open for residents in June. The community offers residences ranging from studios to two-bedroom apartment homes, while providing independent living in addition to assisted living and memory care services.
“We are excited about the senior living options our teams are providing throughout the country. Together with Grand Living we believe we are offering a senior living community that is forward thinking and provides best-in-class services and amenities for our residents,” said Eric Anderson, Vice President Ryan Senior Living.
Ryan Companies and Grand Living constructed over 320 units of Senior Living in 2016 and expect to exceed those numbers in 2017.
About Ryan Companies US, Inc.
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, architect, builder, capital investment consultant, and real estate manager. Ryan’s market depth includes retail, industrial, healthcare and senior living, with development and corporate build-to-suit work spanning office, mixed-use, hospitality, multifamily housing and mission critical facilities. With a focus on bringing lasting value to its customers and the communities in which it works, Ryan has nearly 1,300 employees in 13 offices and has completed projects in 40 states. For more information, visit ryancompanies.com.
About Grand Living
Grand Living’s leaders are seasoned entrepreneurs specializing in the development and management of distinctive senior living communities with a hospitality focus. The organization is driven by its passion to provide remarkable, personalized experiences for the residents and their families, and by their unparalleled commitment to exceptional service. Grand Living’s vision is to be trusted leaders and innovators in senior living environments and services, recognized for embracing the uniqueness of each individual they serve. For more information, please visit www.grandliving.com.
