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Three firms team up to build seniors community in Addison

December 15, 2017
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LCS, Harrison Street Real Estate Capital and Ryan Companies US, Inc. recently started construction of the partnership’s third new senior living community in 2017, Clarendale of Addison.

The $45 million project will provide the same Class-A continuum of care as other Clarendale communities, including independent living residences, assisted living and memory care needs for seniors.

Clarendale of Addison will consist of 188 units: 95 independent living units, 55 assisted living units, 38 memory care units building amenities include restaurant-style dining, a bistro, pub and billiards room, wellness center, including fitness and therapy, salon, movie room, living rooms and a large community room.

Ryan Companies and its project partners LCS and Harrison Street Real Estate Capital will develop, own and manage Clarendale of Addison, Ryan also serves as design-builder. PFB Architects is providing the architecture design; Manhard Consulting is providing the civil engineering, and Direct Supply Aptura the interior design. It is anticipated that Clarendale of Addison will be opening in the summer of 2019.

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