Tag Archives: Senior Quality Lifestyles Corporation

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The Buckingham’s Expansion Takes Shape in Houston

Scaffolding has appeared as The Buckingham expands its life plan community campus in Houston. This Senior Quality Lifestyles Corporation-sponsored community is in the process of adding 106 independent living apartments, 27 assisted living units, 18 memory support suites and 32 skilled nursing beds.

Workers are currently installing windows and exterior finishes. The project will be completed in phases, with the earliest phase opening in 2017’s second quarter.

In addition to its duties as management consultant at The Buckingham, Greystone is also serving as development consultant on this expansion project.

See construction photos below. Learn more about The Buckingham.

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SQLC Communities Screen Stirring Documentary Film

Music holds power unmatched by any pill. That’s the idea behind a new documentary, Alive Inside, that explores music’s “capacity to reawaken our souls and uncover the deepest parts of our humanity.” The film features the non-profit organization Music & Memory, which uses music to fight memory loss and a broken healthcare system. The result is a stirring film that earned the Audience Award at the 2014 Sundance Film Festival.

Senior Quality Lifestyles Corporation is screening Alive Inside at three of its communities this week:

  • Jan. 26: The Stayton at Museum Way (Fort Worth)
  • Jan. 27: The Buckingham (Houston)
  • Jan. 28: Mirador (Corpus Christi)

Stephanie Hoffman of Texas Culture Change Coalition will present the film and lead a post-screening Q&A at each community. The SQLC Foundation is responsible for bringing the film and Stephanie Hoffman to its residents. Future events will be scheduled for SQLC’s other communities: Querencia (Austin), Edgemere (Dallas) and The Barrington (Carmel, Ind.).

See the film’s trailer using the video player below.

Learn more about Senior Quality Lifestyles and its communities.

Alive Inside

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SQLC Surpasses $1 Billion in Project Financing

Senior Quality Lifestyles Corporation (SQLC) celebrated a significant milestone this fall when it surpassed $1 billion in project financing. This achievement is even more remarkable considering SQLC was founded in 1999, making it a relative newcomer in the non-profit senior living industry.

“We understand that success in senior living revolves around more than a bottom line; it revolves around creating a culture of caring and excellence that you would envision your aging parents to experience,” SQLC President and CEO Charles Brewer said in a press release. “As a nonprofit, we are able to reinvest in our residents’ life experiences and continue to create environments that are not only physically appealing and secure, but financially secure as well.”

SQLC’s operating communities include:

  • Edgemere (Dallas, TX)
  • The Buckingham (Houston, TX)
  • Querencia at Barton Creek (Austin, TX)
  • The Stayton at Museum Way (Fort Worth, TX)
  • Mirador (Corpus Christi, TX)
  • The Barrington of Carmel (Carmel, IN)

Greystone serves as development, marketing and management consultant at each of the projects listed above. See photos of these communities in the gallery below.

Learn more about Senior Quality Lifestyles.

Edgemere

Edgemere (Dallas, TX)

Buckingham

The Buckingham (Houston, TX)

Querencia

Querencia at Barton Creek (Austin, TX)

Stayton

The Stayton at Museum Way (Fort Worth, TX)

Mirador

Mirador (Corpus Christi, TX)

Barrington

The Barrington of Carmel (Carmel, IN)

 

Edgemere Logo

Edgemere Breaks Ground on Expansion and Renovation Project

Senior Quality Lifestyles Corporation broke ground this month on a $36 million expansion and renovation project at its original continuing care retirement community, Edgemere, located in Dallas, Texas.

The project’s first phase will bring a 6,000-square-foot performing arts center to Edgemere’s center courtyard. This performing arts center will feature a bar and lounge, arched ceilings with exposed wooden beams, and a stage for speakers and performances. Phase I also includes renovation of two of Edgemere’s dining venues.

Phase II will add eight assisted living units, 12 memory support suites and 15 private skilled nursing rooms to Edgemere’s health center — The Plaza. This second phase will also create updated courtyard and dining spaces, as well as additional parking.

The project is scheduled for completion in early 2018. Greystone is serving as development consultant, in addition to its role as management and marketing consultant at Edgemere.

See photos of the groundbreaking in the gallery below, as well as AG Architecture’s renderings of the performing arts center.

Learn more about Edgemere.

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Buckingham

Financing Paves Way for Expansion at The Buckingham

Proceeds from a $109.38 million bond financing closed this month will allow The Buckingham, Houston’s premier continuing care retirement community, to serve more residents and further its non-profit mission.

Since first opening in May 2005, The Buckingham has served the Houston area with high-quality continuing care services. This Senior Quality Lifestyles Corporation-sponsored CCRC sits in the heart of Houston’s Memorial-Tanglewood area; its location, plus excellent amenities and an emphasis on hospitality, have led to marketing success and an opportunity for expansion.

Expansion is now possible thanks to this financing, underwritten by Ziegler. After purchasing six adjacent acres in late 2014, The Buckingham will use the bond proceeds to add 106 independent living apartments, 27 assisted living units, 18 memory support suites and 32 skilled nursing beds. To accommodate the increased number of residents, The Buckingham will also add 111 underground and 292 surface-level parking spaces.

The Buckingham’s original construction included 204 independent living apartments, 43 assisted living units, 16 memory support suites and 60 skilled nursing beds on 17 acres. Once the expansion is completed, The Buckingham will sit on a 23-acre campus that includes a total of 310 independent living apartments, 70 assisted living units, 32 memory support suites and 92 skilled nursing beds.

From Greystone Senior Vice President Stuart Jackson: “SQLC has solidified itself as a leading provider of senior services in Texas and beyond, and the recent expansion and repositioning of The Buckingham will cement its position as the dominate CCRC provider in greater Houston. The enhancement of living environments on the campus will better serve current and future generations of Houstonians. The marketplace has responded quickly to this change having achieved over 65 percent presales in a matter of months while maintaining high occupancies in the existing campus. This growth at The Buckingham has tremendous potential to advance this community similar to Edgemere in Dallas in its financial strength and market potential.”

Greystone’s relationship with SQLC dates back more than a decade to when it served as development consultant on the Edgemere project in Dallas, SQLC’s first continuing care retirement community. In the years since, Greystone has served as development consultant on The Buckingham’s original construction and expansion, as well as on SQLC’s four other projects:

  • Querencia at Barton Creek (Austin, Texas)
  • Mirador (Corpus Christi, Texas)
  • The Stayton at Museum Way (Fort Worth, Texas)
  • The Barrington of Carmel (Carmel, Ind.)

Greystone also serves as management consultant at each of SQLC’s six communities — The Buckingham included.

See renderings of The Buckingham’s expansion in the gallery below.

Learn more about The Buckingham.

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