Vermilion Opens 119-Unit Assisted Living Property in Fort Wayne
- Apr 29, 2019
Vermilion Development has opened its eighth community in Indiana under the Silver Birch brand with the completion of a new 119-unit assisted living facility in Fort Wayne. The four-story property measures more than 97,000 square feet and offers studio and one-bedroom residences.
The community, Silver Birch of Fort Wayne, sits on a 4.2-acre lot with landscaping and amenities at 7125 S. Hanna St. The property was designed by HED and has a project cost of $23 million, according to the Vermilion website.
The interior design was planned by HED and executed by Strong Design Consultants. Vermillion instructed HED to create a “resort-like” aesthetic for the community that is located next to the forested site of a golf course, which will be repurposed as a fitness center. The building’s Z-like shape allows quicker access to shared amenity spaces in the center, making it easier for senior residents to find their way through the facility.
The team also took pains to preserve the existing high-quality trees on the site and reused the trees they had to cut down within the project.
Vermilion active in Midwest, California
Vermilion also has Silver Birch communities open or upcoming in Hammond, Muncie, Kokomo, Michigan City, Mishawaka, Evansville, Terre Haute, and Peoria, Ill. The company markets its products as high-quality but affordable assisted living communities.
The developer’s portfolio also includes market-rate developments and public-private partnerships projects in Chicago and elsewhere in Illinois and Indiana. VerTex Student Housing Partners, a partnership between Vermilion Development and Texla Housing Partners, purchased a 92-bed student housing property at Sacramento State University in concert with Harrison Street Real Estate Capital in 2016 and sold the asset the following year.