All Press Releases for March 22, 2017

Senior Living Leader Bullish on North Austin Opportunities

Spectrum Retirement starts construction on senior living communities in Round Rock and Cedar Park



Austin's growing group of boomers and seniors deserve a wide range of living options, with appealing amenities and extra care when they need it.

    AUSTIN, TX, March 22, 2017 /24-7PressRelease/ -- Spectrum Retirement Communities is making a big investment in North Austin seniors' quality of life. The Denver-based senior housing developer, ranked among the top 10 in the United States, broke ground on two luxury senior living communities this year, The Enclave at Round Rock Senior Living and The Enclave at Cedar Park Senior Living, creating new high-end living options at an affordable cost.

The Enclave at Round Rock Senior Living and The Enclave at Cedar Park Senior Living are scheduled to open in mid-to-late 2018. Both communities will offer a wide range of options in well-appointed residences ranging in size from studios to two-bedroom, two-bath apartment homes. Residents will appreciate various levels of care; top-flight amenities; all-day, on-demand dining; and Spectrum's signature wellness programs.

"The population of seniors moving into retirement is growing faster in Austin than anywhere else in the country," said Jeff Kraus, managing director of Spectrum Retirement Communities. "This growing group of boomers and seniors deserve a wide range of living options, with appealing amenities and extra care when they need it."

The Enclave at Round Rock Senior Living is located at 2350 Oakmont Drive in Round Rock, on the northwest corner of Sunrise Road and Oakmont Drive. It will include 170 apartment homes, comprising 110 Independent Living and 60 Assisted Living residences.

The Enclave at Cedar Park Senior Living is located at 3405 El Salido Parkway in Cedar Park. The community includes 154 residences: 74 Independent Living, 54 Assisted Living and 16 Memory Care apartment homes. Unique to this community are 10 two-bedroom cottages.

Weis Builders is managing both projects, which were designed by architectural firm Vessel Architecture & Design.

The Enclave at Round Rock Senior Living and The Enclave at Cedar Park Senior Living are among three communities Spectrum has planned for Austin. The company's first offering in the state, Lake Travis Independent Living, will open in late spring. That 148,000-square-foot community is located in Lakeway Regional Medical Center complex, directly north of Lake Travis High School.

Spectrum will soon begin taking reservations for its month-to-month rental program at both The Enclave at Round Rock Senior Living and The Enclave at Cedar Park Senior Living. More information on both communities can be found at www.spectrumretirement.com/our-communities.

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 and among the top 10 by residents and their families, the privately held company owns and operates 33 senior living communities in 12 states from New York to Oregon. Spectrum currently employs a staff of more than 2,600 and oversees more than 4,032 apartments. Celebrating its second decade of operations, the rapidly growing company has 13 communities under construction and will manage a total of 5,135 senior apartment homes upon completion. For more information, visit www.spectrumretirement.com.

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Tracy Henderson
Spectrum Retirement Communities
Denver, CO
United States
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