Officials with a Yukon retirement community say they plan to invest more than $45 million over next few years to expand their facility.
Don Bose, chief executive officer for Spanish Cove, said the two-phase project also involves the implementation of a new memory care program at the center.
Bose said the facility plans to break ground on the first phase this fall, hopefully in September, with work beginning in October.
The project, which will include two wings to The Pavilion at Spanish Cove, will add about 43 units, including nine assisted living units, 20 nursing care units and the addition of 14 memory care units.
“We are getting started by adding to the health center. We wanted to add more assisted living and senior care space, and establish a memory care unit,” Bose said.
The memory care unit will focus on residents with early stage Alzheimer’s disease or dementia.
“Memory care is going to be a very evolving service as we age. The number of Alzheimer and dementia cases is expected to spike. Everything will be spiking in the next 15 years,” Bose said.
That’s because the last of the so-called baby-boomer generation will be entering into their late 60s during that time frame.
“We are expecting the senior population to double in the next few years. Part of our quest to be prepared, to be ready for what is coming,” he said.
The first expansion project is expected to be about a $20 million investment.
The second, bigger project, includes a new community center as well as a four-story apartment complex.
Planning for that project is expected to begin almost immediately after work begins on Phase I.
Bose said Phase 2 could start later this fall or early in 2018.
“We’ve already done some preliminary plans,” he said.
That phase will involve the demolition of some buildings, Bose said.
“We are the oldest life care community in the metro area. As our buildings age, they take more work to keep up. At some point you have to recycle and start again,” he said.
Spanish Cove is marking its 44th birthday this year.
“We are a cozy community and part of our goal is to not be too big,” he said.
Bose said the first phase should be completed in about two years.
“Our community is pleased with the direction we are going. Our board is eager to get this going,” he said.
Blose said the goal is to be prepared for the future.
“A lot of people who will retire soon will be looking for some place like Spanish Cove,” he said.
A key to the expansion projects includes getting approval from the city’s planning commission to rezone the property from residential to commercial.
By doing that, Spanish Cove will be able to offer services to not only its residents, but also to those who want to remain in their home.
“We’re trying to make sure we have the capacity. We want to make sure we have a long-range plan,” he said.
Spanish Cove’s proposal for a zoning change was scheduled to be on this month’s Planning Commission’s agenda. However, their representatives ask that it be delayed until July in order to clear up some concerns.