Anthem Memory Care of Lake Oswego, Oregon, has received approval to develop a new memory-care community in the Village of Burr Ridge, Illinois—the first of several communities the company plans to bring to the suburbs of Chicago. Anthem is also under contract for two additional purchase and sale agreements in Chicagoland—one in Tinley Park and another in Glenview—and is pursuing as many as seven other locations in the area.
The 40,000 square-foot Burr Ridge community, with an estimated development cost of $12 million and as yet unnamed, will accommodate up to 76 residents dealing with various levels of Alzheimer’s, dementia, and other forms of memory loss. Upon opening, the new facility is expected to employ approximately 50 full-time equivalent employees. Contractors for the Burr Ridge project include: CB Two Architects of Salem, Oregon; The Adair Group of Denver, general contractor; and Woolpert Inc. of Dayton, Ohio, civil engineers.
Anthem Memory Care, founded in 2008, currently owns and operates three memory-care communities: Willowbrook Place and Highline Place, both in Littleton, Colorado; and Amber Grove Place in Chico, California. Burr Ridge will be the company’s first foray into Illinois but definitely not its last. “We have carefully analyzed the market and determined a clear need for stand-alone memory care in Burr Ridge,” said Isaac Scott, principal of Anthem Memory Care, “and expect this is the first of several communities we bring to Chicagoland.” Construction of the Burr Ridge community will begin in September. Anthem has targeted July 2015 for the grand opening.
