January 23, 2014

Senior-care units going up in South Boulder

BOULDER – Developers will submit permit applications next week for construction of a 90-unit assisted-living and memory-care facility at 4640 Table Mesa Drive in South Boulder, with groundbreaking slated for late March or April.

Patience Holdings LLC recently closed on the sale of the five-acre site of the former Army Reserve Training Center to 4640 Table Mesa LLC for $3.25 million. Patience, a local entity led by Four Star Realty co-founder Peter Stainton, remains a partner in the new ownership along with Denver-based MorningStar Senior Living LLC and Haselden Construction LLC.

MorningStar will operate the new facility, dubbed MorningStar of Boulder. The…

Categories:
Sign up for BizWest Daily Alerts
Closing in 8 seconds...