CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced the start of construction on Atria Englewood, a seven-story, 130-unit senior living community in Englewood, Colo., a south suburb of Denver.
Atria Senior Living will operate the community, which will offer a mix of assisted living and memory care apartments when it opens in summer 2019. Atria is a leading operator of independent living, assisted living, supportive living and memory care communities, with nearly 200 locations across the U.S. and Canada, including two in the Denver area and a third in Longmont.
“The acquisition of this site in a dense, affluent community near Denver reflects our commitment to delivering high-quality senior housing with the added benefit of proximity to urban conveniences,” said Ben Burke, president of CA Senior Living. “It’s exciting to bring our expertise in senior housing development to a part of Colorado with such high demand.
“The surrounding South Denver neighborhoods of Washington Park, Platte Park and Harvard Gulch began to flourish in the years following World War II and many residents have remained in the area over the years,” Burke continued. “As home values continue to rise in these sought-after neighborhoods, seniors are selling their homes and gravitating to more supportive, connected environments like Atria Englewood.”
When complete, Atria Englewood will offer a total of 106 assisted living apartments, with floor plans ranging from 380 to 1,200 square feet across a mix of studio, one- and one-bedroom-plus-den configurations, each with one bath. Assisted living units will feature in-unit washer/dryer and full kitchens. The apartments also will showcase condominium-quality finishes, such as quartz countertops, stainless steel appliances, oversized windows and high ceilings throughout.
The remaining 24 apartments will form the community’s secure Life Guidance® memory care neighborhood. Residents who live in this portion of the community will benefit from an individualized approach to service and care, drawing on each resident’s personal history.
Atria Englewood also will incorporate cutting-edge technologies into the daily lives of residents. First-generation, wearable devices will enhance resident safety and well-being, monitor activity participation and measure staff efficiency, while virtual reality technology will be introduced into the community to foster social engagement and encourage learning.
Matt Booma, executive vice president of CA Senior Living, points to the building’s design and technology offerings as important components of physical and emotional well-being that wouldn’t be attainable outside of a service-rich environment such as Atria Englewood.
“Our vision for the site challenged conventional wisdom of placing building amenities near the main entry,” said Booma. “The views from the upper floors will be tremendous, so we programmed common areas on those levels as well. The thoughtful design decisions will enhance the daily experience for our residents while the building-wide technology will help maximize safety and engagement.”
The upper-floor amenities at Atria Englewood will include a rooftop terrace with fire pits and a sky lounge with scenic views of the Rocky Mountains. Other amenities will include separate dining and activity spaces for assisted living and memory care residents. Assisted living residents will also have access to a bistro/lounge and café for casual dining, as well as a theater, activity kitchen and club room, where they can socialize with neighbors and host family and friends. Assisted living and memory care residents will be able to enjoy separate outdoor courtyards.
The community’s common spaces will be home to numerous monthly events under Atria’s signature Engage Life® program, which provides residents with opportunities for continual learning, personal growth and fulfillment, including two instructor-led fitness opportunities daily and other events based on resident preferences and interests.
The start of construction on Atria Englewood represents CA Senior Living’s continued commitment to infill, mid-rise senior housing development. The community is just one block from Swedish Medical Center, one of the region’s highest-rated hospitals. As a mid-rise building set among other homes and businesses, including additional dining and retail options, Atria Englewood will offer residents the connectivity and convenience of suburban living just outside of a major metropolitan area.
“Our plan is to acquire additional infill sites in select markets throughout the country and build senior communities that, like Atria Englewood, are vertically oriented,” Booma said. “In addition to offering a more urban setting for residents, this strategy also addresses labor challenges facing senior communities in many markets. The adjacency to public transit provides access to a much deeper talent pool, which in turn enhances the residential experience.”
Atria Englewood is the latest partnership between CA Senior Living and Atria Senior Living. The firms have also teamed up on Atria at River Trail, a senior housing community in west suburban Chicago that is scheduled to open in late summer 2018.
“We are excited to partner with CA Senior Living once again and bring our signature, industry-leading standards of service and quality to Atria Englewood,” said John Moore, chairman and CEO of Atria Senior Living. “The project puts us in a position to serve even more Denver families and expand our management services portfolio.”
About CA Ventures/CA Senior Living:
CA Ventures LLC is a Chicago-based real estate investment holding company whose international portfolio includes $6.7 billion in assets throughout the U.S. and Latin America. While initially focused on student housing, CA Ventures has since diversified into other sectors, including office, senior living, multifamily and hospitality. In addition to development and renovation, the firm specializes in institutional joint ventures, value-add investing, equity and debt sourcing, and asset management services. CA Ventures serves as the holding company for the CA family of companies, including CA Student Living, CA Office / Vanderbilt Partners, CA Senior Living, CA Residential, CA International, CA Hospitality and CA Asset Services. For more information, visit www.ca-ventures.com.
About Atria Senior Living:
Atria Senior Living is a leading operator of independent living, assisted living, supportive living and memory care communities in approximately 200 locations in 28 states and seven Canadian provinces. We are the residence of choice for nearly 21,000 seniors, and the workplace of choice for more than 16,000 employees. We create vibrant communities where older adults can thrive and participate, know that their contributions are valued, and enjoy access to opportunities and support that help them keep making a positive difference in our world. For more information about Atria, visit us online at www.atriaseniorliving.com.