LOVELAND, CO – August 25, 2020 – Hunt Midwest is under contract to purchase a 4.7-acre site on McWhinney Boulevard to build a two-story, 78,000-square-foot assisted living and memory care community. Aptly named for the master-planned development in which it will be located, The Capstone at Centerra will offer 56 assisted living apartments and 32 memory care suites with accommodations for as many as 114 residents.
“Loveland and its neighboring cities have experienced rapid population growth in the last several years,” said Aaron Schmidt, vice president of development and construction at Hunt Midwest. “Generations of new families relocating to the area have created an urgent need for high-quality senior housing throughout the region. The Capstone at Centerra will meet the current and ongoing demand for exceptional assisted living and memory care services and allow seniors the ability to live comfortably and close to their family, friends, and loved ones without having to leave their community.”
Integral Senior Living (ISL) will provide management services for The Capstone at Centerra. Residents of the community will have full access to ISL’s nationally recognized programs such as Vibrant Life®, Generations Memory Care, and Elevate® dining and support from a team of compassionate, highly trained associates committed to providing personalized care.
“The Capstone at Centerra will serve to augment the unparalleled quality of life Loveland and Northern Colorado has to offer, “ said Collette Gray, CEO/COO for ISL. “We’re eager to become a part of this vibrant, growing community and bring ISL’s excellent level of care to future residents and their families.”
The design for both the interior and exterior of The Capstone at Centerra will be inspired by surrounding architecture and scenery. A variety of thoughtfully-designed indoor and outdoor amenities and gathering spaces will include formal and informal living and dining rooms, fitness center, bistro lounge, sunroom, beauty salon, walking trails, gazebo, and dog park.
Hunt Midwest, in collaboration with ISL Ventures, a division of ISL, and Leading Light Development and Construction Consulting, has worked to identify sites in areas throughout the country where the demand for senior housing is unmet. The Kansas City-based developer currently has Capstone communities in Royal Palm Beach, Florida as well as Gallatin and Mt. Juliet, Tennessee.
Hunt Midwest has selected Pi Architects to lead the overall design of community and Olsson to perform land planning and civil engineering for the project. Construction is slated to begin in early 2021 with a grand opening planned for spring 2022.
About Hunt Midwest
Hunt Midwest is a dynamic real estate development company privately held by the Lamar Hunt family. Based in Kansas City with over 50 years of development, construction and management experience, Hunt Midwest’s wide range of projects include industrial, commercial, mission critical, self-storage, residential, multifamily, senior living, mixed use and SubTropolis, the world’s largest underground business complex. Hunt Midwest is part of the Lamar Hunt family’s diverse portfolio of entities involved in real estate, sports/media, energy/resources and private equity investments. In addition to Hunt Midwest, marquee entities include the Kansas City Chiefs, Hunt Southwest, FC Dallas Soccer Club, Toyota Stadium, Chicago Bulls and United Center.
Integral Senior Living (ISL) headquartered in Carlsbad, Calif., manages a progressive selection of senior residences to meet the growing needs of today’s aging population. It manages independent, assisted living and memory care properties throughout 18 states. Ranked among the nation’s largest senior living providers, according to Senior Living Executive, ISL is founded on a care philosophy that fosters dignity and respect for residents and promotes their independence and individuality. The dedicated associates at each community are trained to maintain the highest standards of senior care services. For more information about ISL, visit Integral Senior Living’s website, blog and Facebook page.
The Capstone at Centerra Image: Logo