Heritage Communities closes on $26M Peoria land parcel for retirement community
PHOENIX BUSINESS JOURNAL
Published on November 22, 2016
The Omaha, Nebraska-based owner and operator of 10 senior living communities in Arizona, Nebraska and Iowa, is working in partnership with Phoenix-based Telis Senior Living Inc.
Their partnership, called Orchard Pointe at Terrazza LLC, paid $3.4 million for 6.69 acres at the southwest corner of 67th Avenue and Happy Valley Road in Peoria, said Mark Huey, president of Telis, will be leading the development of the project, working with city officials and overseeing construction.
Financing was provided by Great Western Bank in Omaha, said Huey, who represented the buyer in the land transaction.
That project is east of Christ's Church of the Valley and will be part of the Terrazza Development.
To be called Orchard Pointe at Terrazza, the retirement community will include 116 apartments, which includes 40 independent living, 54 assisted living and 22 memory care units.
Reece Angel Rowe, the architect for the other Heritage Communities projects in Phoenix, has begun design work on the Peoria project. Construction is expected to begin in 2017 and be open in spring 2018.
The first project — Orchard Pointe at Surprise — opened in 2013. The second location, called Orchard Pointe at Arrowhead, is scheduled to open in 2017. Both of those projects offer assisted living and memory support apartments.
The Peoria project will be the 13th community for the company.
Angela Gonzales covers health, biotech and education.
Published on November 22, 2016
The Omaha, Nebraska-based owner and operator of 10 senior living communities in Arizona, Nebraska and Iowa, is working in partnership with Phoenix-based Telis Senior Living Inc.
Their partnership, called Orchard Pointe at Terrazza LLC, paid $3.4 million for 6.69 acres at the southwest corner of 67th Avenue and Happy Valley Road in Peoria, said Mark Huey, president of Telis, will be leading the development of the project, working with city officials and overseeing construction.
Financing was provided by Great Western Bank in Omaha, said Huey, who represented the buyer in the land transaction.
That project is east of Christ's Church of the Valley and will be part of the Terrazza Development.
To be called Orchard Pointe at Terrazza, the retirement community will include 116 apartments, which includes 40 independent living, 54 assisted living and 22 memory care units.
Reece Angel Rowe, the architect for the other Heritage Communities projects in Phoenix, has begun design work on the Peoria project. Construction is expected to begin in 2017 and be open in spring 2018.
The first project — Orchard Pointe at Surprise — opened in 2013. The second location, called Orchard Pointe at Arrowhead, is scheduled to open in 2017. Both of those projects offer assisted living and memory support apartments.
The Peoria project will be the 13th community for the company.
Angela Gonzales covers health, biotech and education.
Heritage Communities of Omaha and Telis Commercial Real Estate Gears Up for Orchard Pointe at Terrazza, Their Third Senior Living Community in the Phoenix Metro
NEWS Story: Peoria Eyes Mixed-Use, Assisted Living
Posted on May 17, 2016 by webmaster in Planning & Development // 0 Comments
Courtesy of City of Peoria
By Matthew Roy for Arizona Builder’s Exchange
AZBEX, May 15, 2015
The Peoria City Council will consider at its May 17 meeting a request from Heritage Communities to rezone 23.42 acres of land near the SWC of 67th Avenue and Happy Valley Road to make way for a mixed-use development called Terrazza Center.
The project would entail commercial retail and dining, a mix of commercial and office buildings, a possible urgent care facility, and a 116-bed assisted living facility to fly under Heritage’s Orchard Pointe banner. Heritage and Telis Commercial Real Estate first announced their plans to construct Orchard Pointe at Terrazza in July 2015.
The site, which is bounded to the west and south by a Christ’s Church of the Valley’s Peoria campus, lies mostly along 67th Avenue, with a lesser frontage along Happy Valley. An existing QuikTrip and Superstar car wash located at the intersection will remain.
The property is divided into nine parcels, with Parcels 1-3 located along the east side fronting 67th Avenue, which will include the urgent care facility and medical or general office buildings. The parcels along the north side of the site, along Happy Valley, will be reserved for future commercial or restaurant uses. This area will also include a Sonic drive-in restaurant.
Parcel 6 will be the location of the Orchard Pointe assisted living and memory care facility, which will be a gated community of 116 individual units on 17.3 acres. Parcels 7-9 will be reserved for future development phases, which could include two single-story, single-tenant, non-residential pads.
Most recently, Heritage built a 100-bed Orchard Pointe assisted living facility at 67th Avenue and Bell Road in Glendale. Heritage operates another Orchard Pointe assisted living facility in Surprise, as well as 10 more in its home state of Nebraska.
An earlier rezoning case brought in 2011 had proposed a vertically oriented mixed-use development with residential or office uses above commercial. That project would have included three-story buildings with retail, office, restaurant, childcare and condominiums, but the developer decided not to advance the project due to market conditions at the time.
Phase 1 of construction will include Orchard Pointe, Sonic and the urgent care facility. Timing for development of the remaining parcels will be determined by future end users.
No project time line was identified for the project.
Posted on May 17, 2016 by webmaster in Planning & Development // 0 Comments
Courtesy of City of Peoria
By Matthew Roy for Arizona Builder’s Exchange
AZBEX, May 15, 2015
The Peoria City Council will consider at its May 17 meeting a request from Heritage Communities to rezone 23.42 acres of land near the SWC of 67th Avenue and Happy Valley Road to make way for a mixed-use development called Terrazza Center.
The project would entail commercial retail and dining, a mix of commercial and office buildings, a possible urgent care facility, and a 116-bed assisted living facility to fly under Heritage’s Orchard Pointe banner. Heritage and Telis Commercial Real Estate first announced their plans to construct Orchard Pointe at Terrazza in July 2015.
The site, which is bounded to the west and south by a Christ’s Church of the Valley’s Peoria campus, lies mostly along 67th Avenue, with a lesser frontage along Happy Valley. An existing QuikTrip and Superstar car wash located at the intersection will remain.
The property is divided into nine parcels, with Parcels 1-3 located along the east side fronting 67th Avenue, which will include the urgent care facility and medical or general office buildings. The parcels along the north side of the site, along Happy Valley, will be reserved for future commercial or restaurant uses. This area will also include a Sonic drive-in restaurant.
Parcel 6 will be the location of the Orchard Pointe assisted living and memory care facility, which will be a gated community of 116 individual units on 17.3 acres. Parcels 7-9 will be reserved for future development phases, which could include two single-story, single-tenant, non-residential pads.
Most recently, Heritage built a 100-bed Orchard Pointe assisted living facility at 67th Avenue and Bell Road in Glendale. Heritage operates another Orchard Pointe assisted living facility in Surprise, as well as 10 more in its home state of Nebraska.
An earlier rezoning case brought in 2011 had proposed a vertically oriented mixed-use development with residential or office uses above commercial. That project would have included three-story buildings with retail, office, restaurant, childcare and condominiums, but the developer decided not to advance the project due to market conditions at the time.
Phase 1 of construction will include Orchard Pointe, Sonic and the urgent care facility. Timing for development of the remaining parcels will be determined by future end users.
No project time line was identified for the project.
Orchard Pointe at Terrazza Press Release
July 2015
(July 2, 2015 – Omaha, NE) Heritage Communities of Omaha, NE is pleased to announce plans for their 3rd community in the Phoenix Metro area: Orchard Pointe at Terrazza. Working in partnership with Telis Commercial Real Estate of Phoenix, the $22M project will be located southwest of 67th Avenue and West Happy Valley Road, in Peoria, AZ. Sitting to the east of Christ’s Church of the Valley, the new project will be part of the Terrazza Development. Orchard Pointe at Terrazza will feature 118 apartments: 40 Independent Living, 56 Assisted Living and 22 Memory Care. Reece Angel Rowe, the architect for Heritage Communities’ other Phoenix properties, will be designing this third location. Construction on the new project is slated to begin in 2016 with a projected open date in 2017.
As with all Orchard Pointe and Heritage locations, this full-service community will feature a variety of apartment styles. Independent and Assisted Living apartments will offer a variety of floor plan options. Well-appointed indoor and outdoor living areas, resident-driven life enrichment activities, restaurant-style dining and individualized care will enhance the lifestyles of all while supporting independence in every way possible.
Heritage Communities’ first project in Arizona, Orchard Pointe, is located on near Bell Road and Young Street in Surprise, AZ. Opening in 2013, they serve nearly 100 residents who reside in thoughtfully designed assisted living apartments and memory support suites. Construction on Orchard Pointe at Arrowhead is scheduled to begin in July, and will be located near 67th & Bell in Glendale.
As with all Orchard Pointe and Heritage locations, this full-service community will feature a variety of apartment styles. Independent and Assisted Living apartments will offer a variety of floor plan options. Well-appointed indoor and outdoor living areas, resident-driven life enrichment activities, restaurant-style dining and individualized care will enhance the lifestyles of all while supporting independence in every way possible.
Heritage Communities’ first project in Arizona, Orchard Pointe, is located on near Bell Road and Young Street in Surprise, AZ. Opening in 2013, they serve nearly 100 residents who reside in thoughtfully designed assisted living apartments and memory support suites. Construction on Orchard Pointe at Arrowhead is scheduled to begin in July, and will be located near 67th & Bell in Glendale.
Orchard Pointe at Arrowhead Press Release
January 2015
FOR IMMEDIATE RELEASE
Heritage Communities of Omaha Closes on Land for Orchard Pointe at Arrowhead, Their Second Senior Living Community in the Phoenix Metro
(January 19, 2015 – Omaha, NE) As of January 16th, Heritage Communities of Omaha, NE, in partnership with Telis Commercial Real Estate of Phoenix, has closed on land located on 67th Avenue just north of Bell Road in Glendale. The site will soon become Orchard Pointe at Arrowhead, the company’s second assisted living and memory care community in the Phoenix metro area. Orchard Pointe at Arrowhead will feature 82 assisted living apartments and 18 memory care apartments. The building is being designed by Reece Angel Rowe Architects who designed the developers other property Orchard Pointe at Surprise, in Surprise, Arizona. Construction on the new project is slated to begin in May, and open in the Fall of 2016. Established in 2001, Heritage Communities owns and manages 10 senior living communities throughout Nebraska, Iowa and Arizona, two of which are scheduled to open in 2015. For more information on Orchard Pointe at Surprise, AZ or Heritage Communities, please visit our website at www.heritage-communities.com.
Heritage Communities of Omaha Closes on Land for Orchard Pointe at Arrowhead, Their Second Senior Living Community in the Phoenix Metro
(January 19, 2015 – Omaha, NE) As of January 16th, Heritage Communities of Omaha, NE, in partnership with Telis Commercial Real Estate of Phoenix, has closed on land located on 67th Avenue just north of Bell Road in Glendale. The site will soon become Orchard Pointe at Arrowhead, the company’s second assisted living and memory care community in the Phoenix metro area. Orchard Pointe at Arrowhead will feature 82 assisted living apartments and 18 memory care apartments. The building is being designed by Reece Angel Rowe Architects who designed the developers other property Orchard Pointe at Surprise, in Surprise, Arizona. Construction on the new project is slated to begin in May, and open in the Fall of 2016. Established in 2001, Heritage Communities owns and manages 10 senior living communities throughout Nebraska, Iowa and Arizona, two of which are scheduled to open in 2015. For more information on Orchard Pointe at Surprise, AZ or Heritage Communities, please visit our website at www.heritage-communities.com.