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Wednesday, October 5, 2016

Sherwood- Assited Living, Retail Complex, Hotel- To be Built on Former Mobile Home Park


Location for proposed a three-story, 144,000-square-foot assisted living facility along with an adjacent three-story hotel in an area off of Highway 99W at Edy Road.

Combining lodging with assisted living or active retirement living is a super idea for reducing some of the risk of unfilled rooms due to seasonality!

Developer unveils plans for assisted living, retail complex and hotel

After never having a place for out-of-town guests to stay, Sherwood is on the verge of having two hotels locate within city limits. 
And they would be within a mile of one another. 
About 25 people packed into a meeting room at the Sherwood Center for the Arts Sept. 12 to hear plans to build a three-story, 144,000-square-foot assisted living facility along with an adjacent three-story hotel in an area off of Highway 99W at Edy Road. 
A Deacon Development Group representative told attendees that the planned project would also include restaurants, a fitness facility, a bank/credit union and an urgent care facility. The project would be south and west of the current Providence Medical Group facility. 
Ryan Schera, a real estate development manager for Deacon, said the planned projects would be built in part, on a former mobile home park. 
Schera said Rembold Properties of Portland plans to build the assisted living facility in back of Providence Medical Group building where it would also butt up to Edy Road and Madeira Terrace. 
Kali Bader, vice president for Rembold, said a 135-unit assisted care living facility, consisting of 107 assisted care units and 28 memory care units, would be constructed.
“Our goal is to start construction in June of next year,” said Bader. 
Rembold also developed the recently completed assisted living facility, The Ackerly at Timberland, off of Barnes Road, as well as Russellville Park on Southeast 103rd Avenue in Portland. 
Both of those facilities are run by LeisureCare, the company that would also run the planned Sherwood assisted living facility, said Bader. 
An assisted living facility would require a conditional-use permit. 
Meanwhile, Schera said among possible tenants for Deacon Development Group’s retail space, which would be accessed off of Highway 99W through a new turning lane, would be a casual family, brew-pub-type restaurant similar to the Ram Restaurant and Brewery. However, he said it was not a Ram facility.

Read entire article:http://pamplinmedia.com/but/239-news/324879-204385-developer-unveils-plans-for-assisted-living-retail-complex-and-hotel

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Lackman Commercial Group
Licensed in Oregon

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