Economic Development News

Posted on: July 26, 2017

Add Senior Apartments to Chagrin Highlands Offerings

Another big residential project is bound for Beachwood, but this one is geared to the older set. Moreover, it's proposed for no less a location than Chagrin Highlands Corporate Center.

Through Beachwood Senior Living LLC, the Rose Senior Living unit of Bloomfield Hills, Mich., paid $3.45 million July 5 for 10 acres on the South Green Road section of Chagrin Highlands, according to Cuyahoga County land records.

The name should be familiar because Rose Senior Living opened a resort-style apartment complex last spring in Avon at 33200 Health Campus Boulevard. In both cases, the land sellers were affiliates of Westlake-based Jacobs Real Estate Services LLC.

Rose Senior Living is a unit of Edward Rose & Sons, a large builder and apartment owner based in Bloomfield Hills.

Rose has secured Beachwood approvals to construct 174 suites in a 200,000-square-foot building on the site, according to the City of Beachwood Building Department, but has not yet filed for a building permit.

Look for lots of landscaping and amenities at the project, for the complexes typically feature a spa/salon, fitness studio, indoor garden arboretum, café, restaurant, pub, general store, private dining, outdoor gardens, a putting green, a shuffle board court and walking paths.

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