As the construction boom continues across seniors housing, existing communities often have to renovate, expand or convert in order to survive. A 20-year old CCRC in Richmond, Virginia is doing just that, with a massive expansion project planned to add and improve the services it offers.

Owned and operated by not-for-profit Pinnacle Living, formerly Virginia United Methodist Homes, the 90-acre campus will receive a new fitness and wellness center (complete with a swimming pool), two enclosed corridors that connect independent living to the new center, a new two-story health care center with 20 private rooms on each floor and common areas, a new parking deck, and potentially a number of new IL units.

In addition, Pinnacle Living plans to add several new dining areas and renovate the fourth floor of the existing health care center to create 23 additional one- and two-bedroom assisted living units and a separate 20-unit short-term rehab space. Financing for the project came from SunTrust Bank, which provided a $50.6 million loan through its Aging Services group.