Lifespace Communities (West Des Moines, Iowa) is expanding the nonprofit Oak Trace continuing care retirement community (CCRC) in the Chicago suburb of Downers Grove, Ill., according to an article in rebusinessonline.com.
The project marks the second phase of a $112 million reinvestment at the community and will add 145 independent living units, bringing the community’s total to 377. Completion is scheduled for 2023.
In addition, a new clubhouse will be built featuring a fitness center, pool, salon, casual dining venue, multipurpose room, living room, and new lobby. Existing common areas will also be renovated.
Once the second phase of construction is completed, a health center will be connected to the existing independent living building via the new clubhouse.
The first phase of the project converted some units to assisted living and was completed in 2019.
