From concept to move-in:
experts in developing successful communities.
In the evolving world of senior housing, it’s vital to stay on top of the vast array of variables associated with developing a new property. That’s why it’s smart to partner with the experienced team at Emerald Communities. Our portfolio of successful operations includes:
Emerald Heights, Life Plan Community
Redmond, Washington
- Developed in the 1990s to serve the needs of Eastside seniors
- Successful $60 million comprehensive master plan completed in 2016
- $185 million expansion now under development, featuring sustainable design and innovative features desired by today’s seniors
Heron’s Key Gig Harbor, Life Plan Community
Gig Harbor, Washington
- $145 million community opened in 2017 in the Harbor Hill neighborhood above the picturesque town of Gig Harbor
Master Planning and Market Research
Site Selection and Acquisition
- Due diligence and evaluation
Financial Analysis and Proforma Development
- Finance sourcing and capitalization
- Budgeting and cost estimating
- Cost accounting and reporting
Entitlements and Permitting
Project Management
- Programming and staff modeling
- Contracts and agreements
- Design and engineering coordination
- Project scheduling
- Construction management (“clerk of the works”)
- Post-construction documentation
Pre-Opening Management
- Licensing applications and assistance
- Building set-up (FFandE)
- Operations start up
Post-Project Evaluation