With the number of new senior living communities recently opened or currently under construction, there is a growing need to update and refresh existing facilities to help improve their viability in the marketplace.
As new senior housing communities, with all of the latest amenities and design trends, are coming online, older facilities need to position themselves as the better local option. The appearance and freshness of a community can have a significant impact on many aspects of a business. Having an attractive, appealing, and comfortable community can improve resident’s happiness and well-being, increase staff morale, and create a more positive public opinion, all which lead to increased occupancy and better financial performance of the community.
Investing in a renovation project can be a challenging process that can seem overwhelming and complicated. The Douglas Company team has experience in planning and executing renovation projects. We know and understand the unique requirements that skilled... Read More >
All of us in the senior living industry understand that inventory growth has exceeded demand, causing vacancies to rise. I was at a recent symposium and one of the speakers said that the decline in demand was caused by the great depression, an intriguing concept. Research indicates that from 1927 to 1933 that birth rates decreased by more than 425,000, over 15%. This would certainly impact demand, it seems.
The speaker then said that this reversed in the 4th quarter of 2017 and that demand was picking up. A study of US census information shows that it started picking up in 1937, escalating significantly through the start of world war two. 1937 was 82 years ago. The average age for entry to senior living communities is 84 according to most of our clients. This would mean there may be a little more time to wait for a resurgence of demand, unfortunately.'
Peter... Read More >
After several months of hard work and dedication, The Douglas Company is thrilled to officially announce the launch of our new website! We invite you to visit us at douglascompany.com to learn more about our processes, services, culture, and to explore our project portfolio.
Our new website coincides with our expanding role as an industry leading General Contractor specializing in the construction and renovation of senior living and multi-family projects. The primary objectives of the redesign of our site were focused on providing the opportunity to rediscover who we are as a company, our services and solutions, aesthetics, simplifying our content, and increasing the visibility of our brand.
We built our new website with you in mind; you'll find our new site is divided into three main sections: Read More >
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The Douglas Company, an award-winning Toledo, Ohio based general contractor specializing in multi-family, senior living, and mixed-use construction projects, has broken ground on Sand Hill Memory Care, a new $10.8 million memory care community in Gainesville, Virginia.
The Developer, Dillin LLC, selected M&A Architects of Columbus, Ohio to design the 40,944 square foot single-story community, featuring 64 suites, multiple activity areas, commercial kitchen, spa, physical therapy, sunrooms, as well as, a salon and two interior courtyards.
"We are excited to be building our third senior living community for Dillin LLC," said Hunter Kick, Project Coordinator of The Douglas Company. "Our partnership is truly about utilizing our strengths to create a senior living community that offers an unsurpassed standard of living to its residents. Our team is proud to be part of the development that brings this new option for residents with Alzheimer's, dementia and other types of memory challenges to the Gainesville... Read More >
The Douglas Company, an award-winning Toledo, Ohio based general contractor specializing in multi-family, senior living, and mixed-use construction projects, announces the completion of a new senior living community in Sylvania, Ohio.
Charter Senior Living at Oak Openings is a 48,882 square-foot community, developed by EBS Sylvania, LLC, delivers a combination of 52 assisted living and memory care suites for residents. The $8.6 million project was designed by M+A Architects and brings a new and modern standard in senior living to Sylvania and Toledo area residents. The one-story, contemporary community features first-class amenities, including full-service kitchen, billiards room, bistro, fitness room, salon, spa room, living rooms, activity areas, as well as, exterior courtyards and patios.
"Our team is excited to be part of the project team of this new senior living community that will provide a new option in assisted living and memory care to the residents in our hometown," stated Alex Koch,... Read More >
The Douglas Company, General Contractor, is excited to announce completion on the construction of Your Life Senior Living, a new Memory Care Community located in Stuart, Florida.
Your Life Senior Living Memory Care Community is a 60,217 square foot, $12.6 million community constructed in four sections, each with its own theme, ensuring that every neighborhood has an individualized, homelike quality. The interior has a bright, open layout with many elegant finishes. Amenities include activity rooms for arts and crafts, and therapy classes, a salon and spa, theater room, putting green, and an interior courtyard that is beautifully landscaped with butterfly gardens and a rock waterfall.
The Douglas Company collaborated with Olson Land Partners and architect, Leo A. Daly, to provide this state-of-the-art community that offers 74 residential rooms and is designed to promote safe and abundant living for area residents with Alzheimer's disease and related dementias.
"We celebrate the completion of this Olson... Read More >
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The Douglas Company, General Contractor, announces the completion of Symphony at the Waterways, a $21 million luxury assisted living and memory care community located on 1.3 acres of land on the Intracoastal Waterway at 3001 East Oakland Park Boulevard in Ft. Lauderdale, Florida.
The 105,000 square-foot assisted living and memory care community features 84 assisted living apartments and 20 memory care apartments. Symphony at the Waterways features beautiful common areas that offer residents vast outdoor lounge areas, rooftop patios, and a courtyard/pier. Assisted living residents and memory care residents will also benefit from a secure memory care terrace. Amenities also include an elegant dining room, a bistro for cocktail dining, library, fitness center, an 8th-floor sky dining lounge allowing for stunning views of the surrounding water, a salon and spa and a surround-sound theater with raised auditorium seating and a 90" screen.
Developed by CCH-GD Fort Lauderdale Realty, this state-of-the-art, eight-story luxurious... Read More >
The Douglas Company, General Contractor, celebrates the start of construction on its seventh project with owner Kaplan Development Group. The $13.3 million All American of Kingston will be a 58,000 square-foot, assisted living and memory care community located in Kingston, New Hampshire.
"We are excited to be building this great senior living development that features senior assisted living and memory care. Having built multiple All American communities, we understand how the client's vision embodies a true senior living campus," said Landon Kessler, Project Manager of The Douglas Company.
The 58 unit assisted living and memory care community was designed by EGA Architects and boasts spacious studios and two-bedroom companion suites for residents, as well as, a gorgeous state-of-the-art memory care wing specifically dedicated to caring and providing a secure home-like environment for residents with Alzheimer's and memory disorders. Community amenities will include a double-sided fireplace, salon, beauty parlor, bistro, media room, interior... Read More >
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The Interface Conference in Atlanta proposed some interesting questions with possible answers. Everyone talks about the first baby boomers turning 72, intimating that this is a positive for senior living. But the average entry age for senior living properties is about 85, depending on who you talk to, so there is a long time to wait for the first baby boomer. Not surprisingly, developers are starting to think about how to attract baby boomer retirees. Minimal, à la carte services in an affordable, yet reasonably sized apartment is one. Home health care can be layered on at a later date. One provider is using food trucks for his kitchen, a different truck, with different types of food every night. It’s amazing to me to see the number of people my age retiring. Though they are closer to 60, there is a discussion of downsizing, lower maintenance, more freedom, and more... Read More >
The Douglas Company, General Contractor, has completed construction of the new Stonecrest of Rochester Hills Senior Living Community in Rochester Hills, Michigan. Stonecrest of Rochester Hills marks The Douglas Company's second senior living project completion with owner and developer, NorthPoint Development. "Stonecrest of Rochester Hills is a beautiful complement to the area, and we are proud to have been part of this project team," said Preston Knecht, Project Coordinator of The Douglas Company.
The upscale 78,342 square foot assisted living and memory care community, is comprised of 87 private apartments; including a single-story, 32-unit memory care building in addition to a two-story assisted living building offering a total of 55 assisted living one and two bedroom suites.
This $15 million upscale, elegant community features a variety of amenities for seniors; including an arts and crafts room, beauty salon, movie theater, cyber cafe, and exercise room. The exterior layout consists of an outdoor... Read More >
The Douglas Company, General Contractor, is excited to announce completion on the construction of Clarity Pointe Specialized Memory Care Community in Tallahassee, Florida.
Clarity Pointe Specialized Memory Care Community is a 59,694 sq. foot $11.2 million community, specializing in treating those with Alzheimer's and other memory impairments. The Douglas Company worked with Olson Land Partners and architect, Leo A. Daly, to provide an engaging, tranquil community.
The 74 unit, Clarity Pointe-Tallahassee community is constructed in four sections, each with its own theme, ensuring that every neighborhood has an individualized, homelike quality. The interior has a bright, open layout with many elegant finishes. Amenities include activity rooms for arts and crafts, and therapy classes, a salon and spa, theater room, putting green, and an interior courtyard that is beautifully landscaped with butterfly gardens and a rock waterfall.
"We are proud to have been part of the project team to bring the vision of this... Read More >
The Douglas Company, General Contractor, has announced it has completed the construction of the Beach House Assisted Living and Memory Care community at Wiregrass Ranch in Wesley Chapel, Florida.
Beach House Assisted Living and Memory Care is a 96,000 sq. ft. assisted living and memory care community just outside of Tampa in Wesley Chapel, Florida. This $14.65 million project was completed in November 2017, making it the second project completed for Prevarian Senior Living, and among many with the architect, Architectural Concepts, Inc. The two-story facility offers 100 units, all of which take into consideration the comfort and safety needs of the potential residents.
The community has many resort-like amenities with an open and sun-lit style layout in the Wiregrass Ranch area that offers shopping and restaurants nearby in a dynamic neighborhood atmosphere. The three landscaped courtyards promise plenty of time for relaxing in the beautiful Florida sunshine. There are endless opportunities... Read More >
The Douglas Company, General Contractor, is proud to announce the completion of construction of Peregrine' Landing at Onondaga Hill, a Memory Care Community located in the beautiful residential area in Onondaga Hill of Syracuse, New York.
The new $7.5 million memory care community is owned by Peregrine Senior Living / Onondaga Senior Real Estate, LLC and features 64 units offering specialized memory care for residents with Alzheimer's disease and other forms of dementia. Designed by MWT Architects PC, the single story, 35,760 square foot community features numerous on-site amenities, including a chapel, ice cream and soda shop, full-service commercial kitchen, common space living rooms, restaurant-style dining rooms, salon, therapy rooms, spas, community gathering areas, and enclosed courtyards.
"With our experience in senior housing construction, we are proud to be part of the team involved in creating this new senior living community in the Syracuse area. It offers an unsurpassed standard of memory... Read More >
An interesting study was published recently on the impact of slow payments in the construction industry. It estimated that the average payment cycle for subcontractors is 54 days, and that is costing the industry over $40 billion dollars each year. That's a staggering figure, but one that makes sense when you consider the cost of construction rising and the amount of financing it takes for subcontractors to stay in business. This added cost comes from a number of sources:
- Finance charges from lines of credit subcontractors must take out to afford materials.
- Late fees assessed by suppliers when subcontractors can't pay bills due to non-payment.
- Lost revenue from liquid assets being stuck in accounts receivable versus short-term investments.
- The inability for subcontractors to obtain discounts from their vendors for prompt payment.
While this stresses the importance of making prompt payments on construction projects for the benefit of subcontractors succeeding, there is... Read More >