LAKEVIEW — By this time next year, the village of Lakeview will be home to a new 26-bed assisted living facility, Lakeview Terrace.
Ground was broken for the project at a ceremony held Tuesday morning on Paden Road, directly across from Bright Start Elementary School.
According to Neil Kraay, chairman and chief operating officer of Leisure Living Management, the Grand Rapids-based company heading up the project, work will begin immediately and should be completed within 10 months. Kraay is hoping to have the exterior structure in place before the snow flies so workers can complete the interior during the winter months.
“Then we have to go through the licensing procedure with the state of Michigan and we never know for sure how long that’s going to take,” Kraay said. “So far, though, we’ve had pretty good success with the state.”
Lakeview Terrace is the 35th assisted living facility in the state for Leisure Living Management. When completed, it will be a single story structure comprised of a combination of brick and siding with a residential atmosphere, community dining room, beauty salon and library.
“We’ll also have a lot of room for residents to spend time outdoors during the summer months,” Kraay said. “Also we have some common areas in the interior of the building for activities.”
Kraay adds it typically takes less than one year to fill a facility once it is completed and based on initial reaction in Lakeview, he says it will likely take far less time to rent out the rooms.
“We’re very excited about the interest expressed by a number of community members,” Kraay said.
Lakeview Village Manager James Freed said the facility represents a multi-million dollar private investment in the community, one that not only fills a market need, but will bring 30 to 40 good paying jobs to the area.
According to Freed, the project is just part of a “multi-faceted redevelopment strategy” for Lakeview.
“This summer our community will see more than $4 million dollars of investment,” Freed said. “What we do in Lakeview and Stanton matters greatly beyond our borders.
“This is a vanguard movement, showing the more than 1,200 small communities just like us across our great state how to grow, create jobs, and bring prosperity our our communities in the 21st century,” Freed said. “Lakeview and Stanton are great places to live, work and, most importantly, raise strong families.”