Monday, November 5, 2012

$10M senior campus on tap - Business First of Louisville:

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, which purchased more than nine acrez last year onNational Road, is aboug to launch two health care centerzs on the campus. The first is a “townb square-style” project with a 54,000-square-footy building that will housdeassisted living, skilled nursing, short-termn and outpatient rehabilitation services. The companty also will be buildinga 25,000-square-foot cented next door specifically for patients with Alzheimer’s or other formxs of dementia. The two buildings withib the campus are yet unnamed and will bringh 130 nursing carebeds — 100 within the town squarde and 30 at the othed building.
Construction is set to begih in late April and take seven to nine months to Trilogy is in negotiations with a Louisville construction companyt to buildthe project. The new campus is expected to openin 2010. Leo Whitt, senior vice president of business developmenfor Trilogy, expects success in the Dayton The company has 56 campuses in Kentucky, Ohio, Indiana and and already has substantial plans for Dayton.
Whitt said the company has an optionm to buy a third parceo adjacent to the others and would likelybuild independent-livinyg villas if the other buildings are There is expected to be a 22 percent increasde in Montgomery County residents older than 60 by according to the Scripp’s Gerontology Centef at . The center estimates more than 122,00 0 senior citizens will live in the countgyby then, an increase over the roughly 100,000 current residents. In addition to the rising number of Whitt said the company also examines income leveld andother factors.
“Before we choose a site, we’ll look at demographicsz and see if incomre level and age match our services and whethe the marketis underserved,” Whitt said, “In Dayton, all thoser things were true.” Whitt said the project won’ be the typical assisted living or seniotr home people are used to The “town square” model divides the buildinv into neighborhoods and attempts to create a community rather than an institution. “It’sx a really different model,” Whitt said. Instead of the typicalp nursing station, there will be a large along with aprofessional chef, and extras such as a largre fire place.
He said the company has not decided its prices for rentand services. Trilogg will hire nearly 170 employees to start 150 throughout the main health campus and 20 at theother building. The company will begin hiring four to six months before opening with marketing and administrationjobs first, followed by nursees and patient care positions. The company will increase stafcf as residentsmove in, Whitt Bill Singer, Englewood’s economic development director, said the developmenft will be a boon for the located north of Dayton. Without any incentive s from the city, Englewood was happy Trilogy chose the location onits own. “Iyt will be a great big impact for the Singer said.
“It’s a definitwe job creator and will generateincome tax, which will be a big

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