Matthews ACTS on Expanding Senior Living in the Charlotte Area
- Jun 22, 2015
Plantation Estates, one of the most sought-after retirement communities in the greater Charlotte area, is expanding, and expanding big.
A recent ground-breaking at the Matthews, N.C. continuing care community kicked off a multi-phase development that will reach $95 million upon completion.
Initially announced in 2014, the 45-acre expansion will boast Plantation’s capabilities with 146 new residences. This includes 125 independent living apartment, two-thirds of which are already under contract and 20 one-story villas, which are sold out. Apartments range between 1,400 and 1,600 square feet, while villas range between 1,800 and 2,100 square feet. The expansion also includes new green spaces, walking paths and a two-story clubhouse comprising a fitness and aquatic center, several dining venues, a multi-use auditorium and multiple indoor and outdoor social areas.
Currently Plantation Estates features 359 independent-living apartments, 60 assisted-living suites and 80 skilled-care beds. The expansion’s next phase will add a 100-bed neighborhood-style skilled care center and turn the existing facility into additional assisted living residences. Pennsylvania-based ACTS Retirement-Life Communities, Plantation Estates’ parent company, isn’t excluding further expansions that add supplementary apartments and villas.
The first residents are expected arrive in in early 2016.
Image credits: ACTS Retirement-Life Communities