Hoping that success will breed more success, Atria Senior Living just broke ground on an 86-unit assisted living/memory care community in Ridgefield, Connecticut, which will be its fourth in the high-income, highly desirable Fairfield County. Average rents are especially high in the county (often surpassing $10,000 per month for memory care services), and already with locations in Darien, Stamford and Stratford, Atria has successfully established its brand there.
Now, to Ridgefield, where Atria and its development partner Formation Development Group broke ground on an 86-unit assisted living/memory care community. Located on a four-acre site that was purchased for $3.2 million, the two-story building is expected to be completed in 2019 and ready for residents to move in by the summer of 2019.
