Foster Senior Living LLC is developing a $30 million senior living community in northeast Springfield called Springhouse Village East.
Company CEO John Foster said construction on the 100-bed assisted living and memory care center with 37 separate single-family units is slated to start this month at 3863 E. Farm Road 132. The 15-acre site, which Foster Senior Living purchased eight months ago for $1.2 million, is east of the Menards home-improvement store at U.S. Highway 65 and Chestnut Expressway.
“Our market study says there is a need for it,” Foster said. “We’ve been in business for a long time, so we know the market pretty well.”
The Missouri Health Facilities Review Committee this morning approved a 15-bed addition to an original certification of need for an 85-bed assisted living facility given the green light in November 2017. The 15 additional beds have a development cost of $2.1 million, according to the state committee’s agenda.
Foster said a general contractor has not been been finalized for the 95,000-square-foot assisted living center designed by independent architect Eddie Tims.
Foster Senior Living also operates a Springhouse Village in Fayetteville, Arkansas, he said.
Springhouse Village joins a robust list of senior living projects that are underway, planned or recently completed in the Springfield area. Others include:
• Miller Commerce LLC’s $30 million Turners Rock on East Sunshine Street past U.S. Highway 65;
• Morelock Builders & Associates Inc.’s Logan Estates Community, which officials say will be a $100 million mixed-use project in Rogersville;
• Morelock Builders’ The Villages at James River, a $10 million 55-and-older development on 9 acres a mile east of the U.S. Highway 65 and State Highway CC interchange in Ozark;
• the Elfindale retirement community’s $13 million assisted living center at Fort and Elindale streets;
• The Township Senior Living, a $29.5 million project by O’Reilly Development Co. LLC that’s on 10 acres at the southwest corner of Highway M/Republic Road and West Bypass;
• Willow Health Care Inc.’s Copper Rock, a $23 million senior health care community in Rogersville; and
• a senior living continuum-of-care community planned at The Ridge at Ward Branch, a 100-acre mixed-use development on far South Campbell Avenue that, upon completion, would have an estimated value of $500 million.
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