Luxury Assisted Living Project Proposed for Franklin
- Mar 10, 2014
Atlanta-based Medical Development Corp., a family-owned development and management company specializing in senior housing and hospitality, is eyeing Franklin for a luxury hotel-style assisted living center, reported the Franklin Home Page.
The $15 million facility is being proposed for Moores Lane, on an 18.35-acre site previously zoned for such a development. Dubbed Canterfield at Franklin, the development will comprise 71 assisted living units in a mostly three-story structure, with the 20-unit memory care department located in a one-story wing. Five one-story independent living villas and 8,000 square feet of commercial retail space are also included in the developer’s plans.
Although set to be developed on an appropriately zoned site, Canterfield at Franklin still has to be reviewed and approved by the Franklin Municipal Planning Commission, as it substantially differs from the project proposed in 2007, reports the Franklin Home Page. Canterfield would comprise 8,000 square feet of commercial retail space and a 67,000-square-foot assisted living facility, occupying a total of 6.5 acres with commercial development. By comparison the previous plan site consisted of a 97,000-square-foot assisted living facility and 40,000 square feet of commercial and retail space.
Most of the site, except Medical Development Corp’s project and a one-acre retail outparcel, will be left undeveloped as open space.
The developers have recently completed two similar centers: The Villas at Canterfield in Cumming, Ga and Canterfield of Oak Ridge, in Oak Ridge, TN. Both facilities offer independent living, as well as assisted living, including memory care. Both developments are 67,000 square feet in size offering 91 total units with 20 or 18 memory care units. Apartments range from studio to one- and two-bedroom units. Community amenities include fitness room, theater, beauty salon, library, formal dining room, game room, lounge, multi-purpose room and landscaped grounds.
Image courtesy of The Villas at Canterfield via Facebook