Seniors housing developers compete for Global Award

NEW YORK: The five hundred and eighty-third entry for the seniors housing Global Awards for 2015 has been received.

Irvine, California-based operator Silverado this week announced that it has received unanimous approval from the Cordata Design Review Board to build an 80-unit memory unit.

The 41,000-square-foot community is designed specifically to care for up to 80 residents with memory-impairing conditions. The property will also feature expansive outdoor space for the residents, as well as office space for the Alzheimer’s Society of Washington.

Development of the vacant property will result in the creation of dozens of construction jobs, as many as 80 new health care jobs and additional city tax revenues, Silverado said.

Global Over 50s Housing/Healthcare Awards.

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