NEW YORK: The three hundred and thirty-ninth entry for the seniors housing Global Awards 2016 has been received.
Last week, Chatham Park announced that it has selected The Eco Group to develop the project’s first phase of commercial property.
John Fugo, one of Eco’s partners, says his group is already working with multiple tenants who will anchor the 44-acre first phase. One is a “very successful North Carolina brewery that needs a major distribution center” and the other is a major hotel brand, he said.
A third component will be a 125-unit, age-restricted senior apartment complex called Veranillo that will feature college classrooms on the ground floor and a live performance theater venue with 250 seats.
Residents will be able to enroll in college-level classes, and Fugo said his group is negotiating with a local theater company that will operate the venue and put on its own shows.