CA Senior Living Begins Construction on 192-Unit Anthology of King of Prussia in Suburban PhiladelphiaMay 21, 2019
CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced construction is underway on Anthology of King of Prussia, a 192-unit senior living community in Wayne, Pa., approximately 17 miles northwest of Philadelphia. Located at 350 Guthrie Road, the 11-story building is scheduled to deliver in late 2020, marking the first senior living community in The Village at Valley Forge, a 122-acre mixed-use lifestyle village.
“We are proud to be the first company to bring senior living to The Village at Valley Forge,” said Ben Burke, president of CA Senior Living. “The community’s location within a dynamic mixed-use development means residents can have everything they need and want within walking distance, from specialty dining and entertainment destinations to medical offices.”
Designed by the Chicago office of New York-based Perkins Eastman, Anthology of King of Prussia will offer a total of 97 independent living, 63 assisted living and 32 memory care residences, with the latter located in a secure wing on the property’s third level, where residents will enjoy a private courtyard. The independent and assisted living apartments range from 410-square-foot studios to 1,200-square-foot, two-bedroom/two-bath units, all featuring high-end finishes such as modern kitchens with quartz countertops, tile backsplashes and stainless steel appliances; 9-foot ceilings and oversized windows; washers and dryers; walk-in closets in select units; and accessible private baths.
Residents will enjoy over 20,000 square feet of amenity space, similar to offerings found in luxury condominiums. For independent and assisted living residents, these feature numerous dining options, including a formal dining room, café/bistro and private dining room for special events; a theater with a high-definition projection screen; library; reservable family suite with private outdoor deck; game room; and various activity rooms. Wellness amenities include a fitness center, indoor pool, physical therapy room and spa with salon services. All dining, community, fitness and wellness venues are located on the 11th floor, along with two sky decks, all of which offer sweeping views of the surrounding area.
Outdoors, at the ground level, there will be landscaped courtyards, resident-maintained gardens, walking paths, outdoor dining tables and open-air fireplaces, along with numerous seating areas for social engagement or quiet reflection.
Memory care residents will enjoy their own suite of amenities, including a family lounge, salon, library, activity rooms and four-season room adjacent to an interior courtyard.
“The senior housing market in the greater Philadelphia area is very strong, with occupancy rates higher than the national average, and we’re confident that the demand for new communities will make Anthology of King of Prussia a big success,” said Burke. “This project offers all the amenities of a luxury condominium building or hotel – with care if and when you need it.”
CA Senior Living’s operational arm, Anthology Senior Living, will manage the community. Recently launched, Anthology promotes overall well-being for its residents through four branded programs: Entice, which focuses on culinary experiences; Aspire, which encourages wellness; Elements, which promotes life engagement; and Virtue, which offers the best in memory care services.
When complete, The Village at Valley Forge will include up to 2,500 residential units, 500,000 square feet of retail space, two hotels and 1 million square feet of mid-rise office and healthcare space. The community is located a quarter-mile from the King of Prussia Mall, the largest mall on the East Coast, and offers easy access to four major highways.
CA Senior Living currently has 33 communities operating or under construction throughout the U.S. The firm’s pipeline includes Atria McCandless, a community in McCandless, Pa., that is scheduled to open in fall 2019.
Lancaster, Pa.-based Wohlsen Construction Co. is serving as general contractor on Anthology of King of Prussia.
About CA Ventures/CA Senior Living:
CA Ventures LLC is a Chicago-based real estate investment holding company whose international portfolio includes $8.6 billion in assets throughout the U.S., Europe and Latin America. While initially focused on student housing, CA Ventures has since diversified into other sectors, including office, senior lifestyle, multifamily, hospitality and industrial. 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 Industrial, CAV International and CA Hospitality. For more information, visit www.ca-ventures.com.