Moceri plans $1.2 billion in seniors housing communities
Auburn Hills, MI-based Moceri said it plans to invest more than $1.2 billion over 10 years to build new senior living communities under the Blossom Collection name in its home state.
Blossom Collection communities, for active adults aged at least 55 years, include detached homes, townhomes, condominiums and luxury apartments. They will include a wide range of venues, including clubhouses that contain a variety of dining options, from fine dining to casual restaurants, as well as indoor and outdoor pools and spas, retail shopping, exercise rooms, and other options accessible to the public, as well as private spaces for residents.
“Our goal is to create safe, engaging and vibrant communities where seniors just happen to live,” said Blossom Collection President Kelly Scheer.
Moceri also recently announced its intentions to build a $300 million master planned community in Sterling Heights, MI, for those aged 55 or more years.
The community, called Verandas, will includes 807 detached, townhome, condominium and luxury apartments as well as the 160-residence Blossom Lane, featuring one- and two-bedroom independent and assisted living apartments and studio suites.
Verandas also will include a 27-hole golf course and a 30,000-square-foot event center with dining, fitness, indoor and outdoor pools and spas, retail and other venues accessible to the public, as well as private spaces for residents. And Blossom Lane will have a senior-focused fitness studio with group exercise, pneumatic resistance training systems and cardio machines, as well as an on-site health and wellness clinic and programming. On-site activities, travel excursions and a range of educational programs will round out a range of options.
Construction on Verandas is expected to begin in 2017, pending approvals.