All Press Releases for June 02, 2015

Former Jamaica Gardens Site Begins Transformation

Site work underway on Green Oaks Senior Living, a luxury senior living community



We are proud to build a new affordable option for seniors while also supporting the redevelopment of this historic area.

    CHICAGO, IL, June 02, 2015 /24-7PressRelease/ -- Construction plans have been announced for Green Oaks Senior Living, launching the transformation of the area surrounding the former Jamaica Gardens Nursery site at I-94 and Rockland Road, part of a long-term economic development plan for the Village of Green Oaks.

Slated to open in late 2016, the community will offer seniors a wide range of living options, all featuring luxury amenities at an affordable price, including flexible month-to-month leasing programs.

Green Oaks is a project of Spectrum Retirement Communities, a Denver-based company ranked in the top five senior living companies for excellence by its peers. Green Oaks is Spectrum's fifth community in northern Illinois. The company also operates communities in Cary, Lake Zurich, Lombard and Streamwood.

"We are proud to build a new affordable option for seniors while also supporting the redevelopment of this historic area," said Jeff Kraus, managing director of Spectrum Retirement Communities. "The Village has a vision for a vibrant community that supports its growing senior population and we are eager to begin construction in early July."

The 200,000-square-foot community is located at 14595 W. Rockland Road. It will feature 110 Independent Living and 60 Assisted Living residences ranging in size from studio apartments to two-bedroom lakeside cottages. Residents can take advantage of the community's top-flight amenities - including chef-prepared dining, Colors of Spectrum wellness programs and entertainment activities - and enjoy walking paths through the community's gardens, a nod to the site's heritage.

Residences maximize independence and peace of mind while also catering to the needs of individuals, including those with Alzheimer's disease or dementia. The community will feature 24 Memory Care residences and Spectrum's unique Residence Club, which allows residents with mild cognitive impairment to stay in an assisted living apartment and receive additional support from a dedicated Life Enrichment Specialist.

About Spectrum Retirement Communities
Denver-based Spectrum Retirement Communities, LLC, is considered a leader and innovator in senior living. Ranked in the top five senior living companies for excellence by its peers, the privately held company owns and operates 26 senior living communities in 11 states from New York to Oregon. Spectrum currently employs a staff of more than 1,900 and oversees more than 3,200 apartments. Celebrating its second decade of operations, the rapidly growing company has six communities under construction and will manage 3,600 senior apartment homes in 2015. For more information, visit www.spectrumretirement.com.

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Tracy Henderson
Spectrum Retirement Communities
Denver, CO
United States
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