Methodist Retirement Communities is in the process of closing on 19 acres in Fort Worth, where it plans to develop a new Life Plan Community called “Stevenson Ranch.” Plans for the $140 project call for:
- 159 independent living units
- 36 assisted living units
- 24 memory support suites
- 24 rehabilitation suites
- 16 skilled nursing suites
“We look forward to Stevenson Oaks carrying on the tradition of other successful MRC communities throughout Texas,” MRC President and CEO Ron Jennette said in a statement. “It’s an exciting time for our organization to grow our mission, serve more seniors, and help provide them and their families a secure future.”
Construction is expected to begin in late 2019, and Stevenson Ranch is expected to open in 2021. Greystone is serving as development consultant.
Stevenson Ranch is the next project in a series of successes for Methodist Retirement Communities, which is based in The Woodlands, Texas. Among MRC’s recent projects are the redevelopment of Crestview in the Bryan-College Station area, the opening of a new campus in League City, Texas, as well as another new campus in College Station, which is currently under development.