Mainstreet Gets to Work on $20M Development
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowWork is underway on a $20 million dollar senior care facility in Lake County. Carmel-based Mainstreet Property Group LLC expects the new “medical resort” to be complete next summer and eventually employ more than 100 workers. The developer has recently begun work on smaller-scale projects in Bloomington and Crown Point. July 15, 2014
News Release
DYER, Ind. – Construction on northwest Indiana's latest Medical Resort development is now underway. Mainstreet and Symphony Post Acute Network broke ground today on their newest partnership together, the Claremont of Dyer.
The property, located at 1532 Calumet Ave. in Dyer, boasts 130 beds, 82,108 square feet and will provide short-term rehabilitation and therapy in a comfortable, hotel-like setting. Carmel, Indiana-based Mainstreet is developing the Claremont of Dyer and Illinois-based Symphony Post Acute Network will operate it.
“We look forward to serving the Dyer community and working in concert with the local hospitals and physicians to provide the residents of Dyer with an exceptional level of nursing and rehabilitative services,” said David Hartman, CEO of Symphony Post Acute Network.
The project is expected to bring approximately 300 construction jobs and up to 115 part-time and full-time facility jobs. Construction should be complete by summer 2015.
“This project has been a true collaboration and it's wonderful to see our efforts physically take shape now,” said Rick Eberly, town administrator of Dyer. “The benefits of the Claremont of Dyer are multifaceted – from temporary and high-quality jobs to increased tax revenues to anticipated development along Calumet Avenue – and we could not be more pleased.”
As a Medical Resort, the Claremont of Dyer will offer an amenity-rich environment which will include a movie theatre, a game room, restaurants, walking trails, Wi-Fi, an on-site chef and more.
“We are transforming the health care industry across the country with our focus on innovative designs and hospitality-oriented care, catering to the lifestyle and desires of today's baby boomer,” said Zeke Turner, CEO of Mainstreet. “The Claremont of Dyer is ultimately designed to get people well and get them home – where they want to be.”
About Mainstreet
Indiana-based Mainstreet is the nation's most innovative developer of short-stay rehabilitation and long-term care properties, known for acquiring and developing desirable, concierge-based health care properties. The company's industry-leading Next Generation® designs meet the demands of the baby boomer, creating communities with multiple social destinations, restaurant-style dining, spacious private rooms and baths, and therapy/wellness. Mainstreet was named to the Inc. 500/5000 list of fastest-growing companies in 2010, 2011 and 2012. For additional information, visit www.mainstreetinvestment.com.
About Symphony Post Acute Network
The Symphony Post Acute Network is one of the most innovative providers of Post Acute Care in the nation. A proud family-oriented organization, Symphony takes a proactive approach to delivering quality outcomes for the guests in our care. With current locations in Illinois, Wisconsin, Arizona and future sites in Indiana, Symphony is committed to making every one of its locations the Provider of Choice in the community that it serves. Symphony's ability to meet patients' needs and offer a consistently high level of quality care is unmatched.
Symphony Post Acute Network Member Facilities provide a variety of Post Acute Services including Skilled Nursing & Rehabilitation, Assisted Living and Supportive Living. The Symphony Post Acute Network Rehabilitation & Skilled Nursing Programming focuses on chronic disease management programs, post hospital short-term rehabilitation, long term care as well as Alzheimer's and memory care programming. Symphony Post Acute Network Member Facilities work in concert with top area physicians, nurses and therapists. Its healthcare environments are filled with luxurious and comforting amenities that facilitate quick recoveries and optimal results. For additional information, please visit www.symphonypan.com.
Source: Mainstreet