RiverWoods has been planning a new continuing care retirement community in Durham, NH — its first away from the organization’s original campus in Exeter, NH.
Plans for the Durham community were met with an overwhelmingly positive response from prospective residents, and the new project reached 100 percent presales in a record six weeks — a feat that Greystone Co-CEO John Spooner called “a remarkable accomplishment.”
In late May, Ziegler closed on a bond financing that will fund the Durham project. Construction will begin this summer, and the community is expected to open for occupancy in early 2020. Greystone is serving as development consultant.
The community itself will include:
- 150 independent living units
- 24 assisted living units
- 24 memory support suites
- 24 skilled nursing beds
RiverWoods is already building a waitlist of those who were unable to secure units in the new community — but who are still interested in the continuing care lifestyle in Durham. See renderings of the community below.
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