Dedicated to developing purpose-built assisted living & memory care facilities in Oregon.
The Company is dedicated to developing purpose-built assisted living and memory care facilities in underserved areas of Oregon. Elder Care Development LLC recognizes that many prospective residents, as well as these residents’ family members, have a strong preference for newer structures and will prioritize advances in technology and amenities when selecting an assisted living facility. Elder Care Development LLC has already identified a favorable location and tenant for its initial facility in Central Point, Oregon, as well as a location for second facility in Grants Pass, Oregon. Elder Care Development LLC will purchase the land and construct each facility, and will complete interior build-out and outdoor landscaping once a suitable tenant has been secured. Each facility will be designed to the tenant’s specifications. With 15 years of experience designing and constructing assisted living and other medically-oriented facilities, and a combined 60 years of experience between the two principals, CB|two has been identified as the primary contractor to carry out the architecture and construction work. Having the same firm handle architectural as well as general contractor duties has proven itself an effective solution to complete cost-effective build-outs of assisted living facilities.
Elder Care Development LLC's full-service retirement centers will be designed to be rented on long-term leases, partnered, or sold to experienced facility operators. The initial facility will feature two separate buildings, with a common wall, which will total 65,000 square feet. The first building will be dedicated to assisted living, and will accommodate a total of 50 beds in its two stories. The second building will be a single story with 25 rooms designed for residents in need of memory care. Each building will operate independently, but will share a single food preparation area. Once the build-out is completed and the tenant’s lease is finalized, the Company will shift into a property management role with minimal involvement in day-to-day operations. Elder Care Development LLC will repeat this model for each subsequent facility it develops.