News
- LCS Development
Broadview - Senior Living at Purchase College
![Broadview Community Entrance](http://www.lcsnet.com/images/default-source/articles/broadview-community-entrance.jpg?sfvrsn=1e13254a_1)
On November 10, the permanent financing closed for Broadview, a university-based retirement community being developed on the campus of Purchase College, a State University of New York college in Purchase, New York. LCS Development, with its partner Senior Care Development, is the Development Consultant for the project. The $398 million tax-exempt bond financing was underwritten by Herbert J. Sims & Co., Inc. and issued by the Westchester County (NY) Local Development Corporation. The community is sponsored by Purchase Senior Learning Community Inc., a not-for-profit entity formed by the college and is being built on land leased from the State University of New York system.
Once completed, the 40-acre community will consist of 220 independent living residences, including 44 affordable apartments and 46 Villas. Broadview will also have a 68-suite Assisted Living/Memory Care Facility, a 50,000 square foot Commons building with multiple dining venues, resident amenities and a Learning Commons with classrooms, exhibition space and a pub that the residents will share with the students and faculty of Purchase College. There is also a 10-acre park. Currently 193 of the 220 residences, or 88%, are under contract with 10% deposits. Entrance fees range from $250,000 for an affordable apartment to over $2 million for the top priced Villa.
The contractor, Whiting-Turner, was given the formal notice to proceed on November 10th. The first residents are expected to move in in the summer of 2023. The community was designed by HCM Architects. The interior designer is Merlino Design Partnership.
Subscribe to LCS Insights
More Insights
-
LCS Chef of the Year Lands Two Celebrity Chefs
The celebrity chefs will judge a three-round, “chopped-style” cook-off competition in front of a live audience. … Read More about LCS Chef of the Year Lands Two Celebrity Chefs- LCS
- Life Care Services
- CPS
-
Joel Rosenberg Named to the 2024 Class of Future Senior Housing Leaders
The award recognizes dynamic leaders who are laying the foundation for a bright future in care delivery and aging. … Read More about Joel Rosenberg Named to the 2024 Class of Future Senior Housing Leaders- LCS
- LCS Careers
-
How to Create a Senior Living Community Severe Weather Preparedness Plan
Senior living communities that are prepared in the event of severe weather can better endure environmental uncertainty. Here’s how to develop a severe weather preparedness plan for your senior living community. … Read More about How to Create a Senior Living Community Severe Weather Preparedness Plan- Life Care Services
- LCS
-
LCS Named #3 on Top Workplace National Industry Awards List
Energage, the technology company behind the Top Workplaces program, has ranked LCS third among over 200 companies in its Healthcare category as part of its annual National Industry Awards. … Read More about LCS Named #3 on Top Workplace National Industry Awards List- LCS Careers
- LCS
- Life Care Services