128-Unit Senior Housing Unit for Ahwatukee

PHOENIX—Investment Property Associates, LLC and Retirement Community Specialists have partnered for a second time to develop a senior living community in Ahwatukee near the southwest corner of Chandler Boulevard and 50th Street.  The 8-acre site of the planned senior community is part of a 35-acre mixed-use parcel acquired by IPA in 2012.

The senior housing community, called Generations at Ahwatukee, is designed to be 160,000 square feet and to provide 128 total units.  The community will be licensed by the State of Arizona as an assisted living and directed care community and will offer independent living, assisted living and memory care.  The community will be operated by Retirement Community Specialists, a senior living management company based in Ahwatukee since 1998 and in the Phoenix area for more than 25 years.