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ST. LOUIS—Senior Lifestyle Corp. has just opened a welcome center at 16100 Chesterfield Pkwy. West, Ste. 145, for The Sheridan at Chesterfield, the third senior living community it has under development in metro St. Louis. When completed, the developments will represent a roughly $72 million investment in new seniors' housing.
“Senior Lifestyle Corp. reviewed the St. Louis market with market studies and thorough market reviews and found a lack of supply for the growing seniors' population,” Anna Wynn, senior regional director of sales and marketing at SLC, tells GlobeSt.com. “Even though there were quite a few options in the suburban market, most were 15+ years old and had high occupancy.”
The newest building, which will total 84,000 square feet of finished space and rank as Chicago-based SLC's largest and most elaborate facility in the metro area, is taking shape on a 3.2-acre site in Chesterfield, a western suburb. It will host a combination of 62 assisted living apartments and 29 memory care units developed specifically to support those with dementia, including Alzheimer's. SLC plans to open it in late summer 2017.
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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.
