CHICAGO—There is still some untapped demand for new seniors housing in the Chicago suburbs. Caddis, a Dallas-based healthcare real estate firm has begun developing Heartis® Village Orland Park – its second senior living community in IL. The 89,950 square foot assisted living and memory care residence will bring 94 units to 159th St. and Harlem Ave. in Orland Park, about 26 miles southwest of Chicago.
Last year, Caddis began developing a similar 94-unit, 97,471 square foot community in downstate Peoria. Company officials expect to complete that project in the fall of this year.
A Caddis affiliate will own both communities and Pathway Senior Living LLC, an experienced operator of senior living communities in the Chicago area and Wisconsin, will provide management.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
