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Success Stories

Additions and Renovations to Existing New England Assisted Living Facility

THE SITUATION:

This Assisted Living facility, originally built by Congress 20 years prior, needed additions and renovations to meet today’s consumer demand in the marketplace. Current plans needed to be redesigned and a Construction Finance Plan was also required.

THE ASSIGNMENT:

Congress was approached by a repeat client to participate in master planning and development of a 35,000 SF addition to and renovation of a 135-bed Assisted Living facility, and plan for a subsequent 40,000 SF future addition, including adequate mechanical and site accommodations for all three phases. Congress also was to work with the design team, to articulate a complete program and design to accommodate significant changes in the client’s existing and target markets, and develop a Construction Financing Plan.

THE PROGRAM:

Congress worked closely with its client to address interiors, low voltage and communication systems and MEP Systems planning for existing, to-be-built and then future phases of this Assisted Living facility, which was cost- effective and financeable.

Congress delivered an extensive value engineering, including all structural systems, MEP Systems, finishes and revised improved layouts to the project, creating a cost effective and financeable project.

Congress developed a Construction Financing Plan that included retiring of existing debt, refinancing the existing AL Facility, the new construction loan, and adequate capital for fill-up of the facility, totally utilizing the existing equity in the project, with no cash infusion.

THE FINAL RESULT:

The project was completed two months ahead of schedule and remains one of the most successful Assisted Living projects in the New England states.

THE CONGRESS DIFFERENCE:

  • Project Development and Construction Expertise
  • Value Engineering process to meet customer’s and lender’s budget
  • Assist in financing design to meet the customer’s needs, target market, and the project requirements

More Success Stories

  • Design Build Turn-Key delivery of a 120-bed Skilled Nursing Facility
  • Early market Assisted Living Center in New England
  • Additions and Renovations to Existing New England Assisted Living Facility
  • HUD 232 Assisted Living Project
  • Design Build Turnkey for Skilled Nursing Facility

Boston 168 Centre Street, Suite 200, Danvers, MA 01923    Phone: (978) 535-6700 Fax: (978) 535-6701

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