Two senior “resort-style” communities are on their way to two Georgia locations. Active Senior Concepts (ASC) is developing the projects, with an estimated cost of $285 million.
Located in Oconee and Coweta counties, the developments, called Celebration Village Athens and Celebration Village Peachtree (photo), will include a mix of for-sale bungalows and cottages, as well as assisted living and memory-care apartments.
The Atlanta Business Chronicle reports ASC is betting that the seniors who do leave their homes will want a hospitality-focused community with plenty to do and see. Celebration Village Athens and Celebration Village Peachtree are expected to offer wellness programs and daily shuttle service to nearby destinations along with on-site pools, restaurants, gathering areas, putting greens, pickleball courts and walking paths. Oconee and Coweta counties have older populations than those closer to Atlanta — nearly 20% of their populations are between 60 and 79 years old.
The company partnered on the two projects with Jacoby Acquisitions, who procured the land just outside Athens and Peachtree City.
Synergy held the official opening of Altitude Worcester, the largest office-to-residential conversion in Massachusetts, with a ribbon cutting ceremony with Juana Matias, the Secretary of the Massachusetts Executive Office of Housing and Livable Communities , and the City of Worcester. The event also marked the completion of 22 Elm St., the adjacent affordable homeownership community Synergy...
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The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
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Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
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