In total, the project represents a $60 million investment.
“What the city sees in this project is essentially another extension and section of the Yankee Trace master development,” Nathan Cahall, city economic development director, said.
The new houses — between 65 and 75 of them — would adhere to Yankee Trace design themes and elements. Working with the Centerville Development Group, early discussions have indicated they would resemble a style of residence similar to what’s on the eastern side of the Yankee Trace development.
The senior living community planned for the property would be owned and operated by the Randall Residence company, based out of Michigan. The group operates senior living community in Tipp City. It has four other facilities in Ohio — all in the northeastern portion of the state.
“We’re certainly excited to expand our presence in the area,” CEO Chris Randall said on Wednesday. “We’ve visited Centerville many times and we feel it’s a great fit.”
According to Cahall, the main Randall complex in Centerville would be about 150,000 to 175,000 square feet. Among other features, it will boast assisted living, memory support care and nursing services. Another 21 buildings are to be built on the property. Each building will house four apartment units.
Construction is expected to start on the Randall portion of the project later this summer. The facility could be operational roughly a year later.
“If you look at our census data and our demographics, we are an aging community,” Cahall said. “There’s a desire from folks to age in place, to stay where they’ve raised their families … where they’ve worked and lived for years.”
Daniel Bromer lives on Social Row Road. He said the only aspect of the plan that bothers him is the increased traffic.
“It’s Social Row — everybody flies,” he said.
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