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66-unit senior living community planned near Brentwood

A Louisville, Ky.-based company has a 66-unit independent and assisted living community on the drawing board for 5.44 acres in south Davidson County near Brentwood.

Arcadia Brentwood would be the first Nashville-area location for Arcadia Communities LLC.

The company is pursuing specific plan zoning for 511 Old Hickory Blvd., which it has under contract. Pending approval from the Metro Planning Commission, construction should start in the summer on the three-story building that’s expected to be completed in late 2017.

“As we were searching out areas to develop, we kept coming back to this part of town showing there’s such a significant need for the type of services we provide,” said Arcadia Communities’ President Brian Durbin, who previously lived and worked in Nashville.

In the targeted area near Old Hickory and Edmondson Pike, the number of households age 75 and older is projected to grow 20 percent over the next five years. Both nationally and locally, the number of people 65 and older is growing at more than 10,000 a day, Durbin said.

“‘We’re building it to meet that desire that people want to live in their hometown community where they’re comfortable,” he said. “They want to continue to live where everything they’ve been accustomed to are — their churches, their doctors, their grocery and their families.”

Most of the apartments at Arcadia Brentwood would be for independent and assisted living residents. A dozen of the 66 apartments will be for memory care residents, including those with Alzheimer’s disease.

Louisville, Ky.-based DMK Development Group, Arcadia Communities’ development partner, will oversee construction of Arcadia Brentwood.

Arcadia Communities owns and operates six communities in Ohio, Michigan, Kentucky and Louisiana. The location planned near Brentwood is among three under development in Tennessee and Ohio.

“It would be a beautiful addition to the area,” Durbin said, adding Arcadia Communities is also looking to develop independent and assisted living communities in other parts of Tennessee.

Source: http://www.tennessean.com/story/money/real-estate/2015/11/11/66-unit-senior-living-community-planned-near-brentwood/75603412/