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Lindsay’s prestigious Adelaide Place to proceed with phase two of development

Lindsay’s prestigious Adelaide Place to proceed with phase two of development

in Business Profiles by

In a well-attended ceremony earlier this week, Lindsay’s prestigious Adelaide Place broke ground on its second phase.

To be ready within a year and a half to two years, the new development represents a $32 million dollar investment in the community which has been operating its first phase since January 2011. The project is also expected to create more than 150 short-term construction and skilled labour positions and employ a total of 75 full and part-time employees when it is fully operational.

The next phase will lie adjacent to the existing building, with its main entrance located at 81 Albert St. S.

Mirroring the existing exterior styling, this new development will rise five storeys, adding an additional 90 independent senior living rental suites to the community’s existing 125 retirement suites.

The event’s Master of Ceremonies, Tish Black, who also serves as marketing manager, kicked things off announcing a number of guest speakers, including Mayor Andy Letham.

Letham, who helped break ground on the new project, says Adelaide Place “raises the bar” when it comes to retirement living for seniors.

“Their expansion is an incredible win for everybody,” Letham adds.

Executive Director Adrienne West told the audience it’s time to imagine what the next eight years will look like and that this new phase represented the continuation of their motto: “Your Home. Your Life. Your Way.”

Greenwood Retirement Communities, which own Adelaide Place, is an Ontario-based owner and operator in the senior housing sector.

Vice President of Real Estate Development for Greenwood, Andy Bicanic, says the City of Kawartha Lakes staff “have been great to work with.”

“We could not have chosen a better place to invest and expand our retirement community and we are proud of the jobs we are creating and the high quality of life we are providing to our seniors,” he says.

Koler Construction Inc., a sister company to Greenwood, will act as the construction manager for the development.

Adelaide Place’s independent senior living community will offer both one and two bedroom suites on a rental basis, which will range in size from 710 square feet to 1,160 square feet. Bright and spacious suites will include full kitchens and in-suite laundry. Some suites will feature a balcony or walk-out patio.

Greenwood is committed to environmental sustainability and will ensure that the building’s design incorporates energy efficient lighting and use of innovative components including light gauge steel framing and building automation systems. Amenities in the new senior living building will include a large outdoor terrace, dining room, billiards room, party room, tuck shop, lounge area, resident storage lockers and garage parking.

Residents will have access to a full range of amenities at the existing retirement community including, cafe, pool, fitness centre, hair salon, as well as fitness and social activities. The new senior living community will be connected to the existing retirement community by an enclosed walkway for easy access.

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