Lockwood Companies has broken ground on a new senior living community in Ann Arbor, Michigan.
Lockwood of Ann Arbor, located at 2195 E. Ellsworth Road, will be a three-story, 168,130-square-foot building with 154 independent senior apartments, including 65 units dedicated as affordable housing.
Lockwood of Ann Arbor represents an approximate $45 million investment in the City of Ann Arbor and Washtenaw County. The facility also will be creating 150 to 200 full and part-time jobs.
Scheduled to open in Summer of 2023, Lockwood of Ann Arbor will feature 89 one-bedroom units and 65 two-bedroom units. The building will include a commercial kitchen and dining area, game room, arts and crafts room, barber shop/beauty salon, movie room and fitness/wellness room. Three meals per day prepared by a chef, along with laundry and housekeeping services will be available.
The Ann Arbor Area Community Foundation projects a rising senior population in Washtenaw County. The organization points to the 2010 U.S. census which found 53,000 adults age 60+ in Washtenaw County. By 2040, this number is expected to rise to 110,000.
65 units of Lockwood of Ann Arbor will be designated as affordable housing, based upon area median income, with monthly rents ranging from $864 for a one-bedroom apartment to $2,750 for a two-bedroom apartment.