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September 2017

$40 M Life Planning Community Coming to Former Blue Ash Airport

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Tuesday September 12, 2017

$40 M Life Planning Community Coming to Former Blue Ash Airport

The Neighborhoods at Summit Park

From Tom Demeropolis at the Cincinnati Business Courier:

The team that is redeveloping the former Blue Ash airport into a massive mixed-use development received a key approval for a “life planning” community in the center of the project.

Last week, Blue Ash Planning and Zoning Commission unanimously approved final development plans for a 195-unit life plan community for seniors in Parkside, one of the Neighborhoods at Summit Park.

The former airport is being redeveloped by a joint venture between Al Neyer and Vandercar Holdings LLC. Fortus Group, which is partnering with Al Neyer and Vandercar on the $55 million mixed-use block, is the developer for the senior living portion of the project. This portion of the Blue Ash airport redevelopment is expected to be a more than $40 million investment.

Stephen Dronen, director of development for Fortus, said the company looks at its life plan communities differently than traditional senior housing by trying to create a home-like environment with a hospitality focus.

More from Tom Demeropolis at the Cincinnati Business Courier here.


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