Capitol Seniors Housing just opened an assisted living/memory care community in the Baltimore area at a cost of $27.2 million, or nearly $325,000 per unit. Unique to the community (and probably pushed up its development cost) is its location adjacent to the 79-acre Waugh Chapel Towne Centre, which features a Wegmans, Target, Dicks, an IMAX theater and others.
The community itself, in addition to its 84 units, featured a second-story terrace, a courtyard and a number of amenities. Moseley Architects designed the building, with Faulkner Design Group designing the interior. CSH hired The Arbor Company to manage the community and to oversee its fill-up.
