Active seniors may want to check out Village Concepts’ new community: It’s on 3 acres adjacent to the 9th hole at Fairwood Golf & Country Club in Renton.
Village Concepts and partners Marathon Development and Rush Development Co. broke ground on the $36 million project last week. Village Concepts of Fairwood is off 140th Avenue Southeast.
Stuart Brown, COO for Village Concepts, said they expect many seniors living there will be in independent units because of the country club and its 18-hole golf course, swimming pools and dining room. The site is also near a library, grocery and other retail.
Residents will get discounted membership to the club, but the complex will also have a wellness center, activity center and salon. Brown said about 20 percent of the 115 units will be occupied by people needing assisted care and another 20 percent by people who need memory care.
Units will range from 300 to over 900 square feet, with rents between $2,900 and $6,000, depending on location and services. The units will be in a single building of about 107,500 square feet.
The project is expected to open in early 2020, and be operated by Village Concepts, which is an owner along with Marathon and Rush.
Rush Commercial, the construction arm of Rush Companies, is the general contractor. Rush Development is also an arm of Gig Harbor-based Rush Companies.
Wattenbarger Architects of Bellevue is the designer. Other team members are: Yu & Trochalakis, structural engineer; CEKO, civil engineer; Abossein Engineering, MEP engineer; Richard Ward Associates, landscape architect; Smith and Greene, kitchen designer; Earth Solutions NW, geotechnical engineer; and Technical Resources Consultants, specifications and technical resources.
King County records indicate Fairwood Assisted Living LLC bought the site last year for $2.74 million.
“We were excited when we found out (Fairwood) Golf & Country Club was interested in selling this piece of property,” Brown wrote in an email. “It’s a great location in Renton and very central to all of our other buildings here in the Northwest.”
Family-owned Village Concepts operates 17 senior communities across Western Washington.
Club general manager Anthony Paino said proceeds from the sale will be used to upgrade the golf cart fleet, add a new driving range cover, buy furniture, improve back-of-house operations and upgrade the HVAC.
Paino said the chipping/putting practice area may be expanded, and banquet and dining facilities may get an upgrade. The club, which opened in 1967, is not considering any other property sales at this time.