JV Kicks Off Cleveland-Area Senior Housing Project
The 108-unit assisted living and memory care community in Shaker Heights is slated for a late 2022 completion.
A partnership between Confluent Senior Living and Harbor Retirement Associates has broken ground on HarborChase of Shaker Heights, a 108-unit senior living community in Shaker Heights, Ohio. The assisted living and memory care property is expected to open its doors in late 2022.
HRA’s management division will spearhead property management services upon completion. Locally-based firms will lead design and architecture efforts, with RDL Architects tasked with the design and Mannik Smith Group serving as the project’s civil engineer. The Douglas Co. will serve as the general contractor.
The 106,698-square-foot community is the first senior housing development for the city within the past two decades and marks the second undertaking in the state for the joint venture. The development is designed around Confluent Senior Living’s Whole Health Standard.
HarborChase of Shaker Heights
The three-story community will take shape at 17000 Van Aken Blvd. The property will provide 80 units for assisted living, while 28 will be reserved for memory care residents. Services will include licensed nurses, a 24-hour care staff, concierge and housekeeping, as well as scheduled daily transportation.
Residents will have access to 84 on-site parking spaces and 28 apartments will feature balconies. HarborChase of Shaker Heights will also feature various restaurants, a bar/lounge with sunroom, a club room, classrooms and activity room, a fitness and wellness center as well as a barber and beauty salon.
The site provides access to nearby public transport via the Avalon Road station of the RTA light rail; downtown Cleveland is 8 miles away. The newly redeveloped Van Aken District, 1 mile east of the community, has various restaurants as well as retail and office space, while University Hospitals is roughly 2 miles away.
According to the most recent Yardi Matrix Cleveland multifamily report, the market—despite having one of the highest unemployment rates in the state—is showing strength in continued rent growth. The Midwest metro’s affordability is fueling consistent in-migration, particularly drawing in Millennials.