PMB, a leading healthcare real estate developer, joint ventured with The Springs Living to break ground on a new 12-story seniors housing community in Vancouver, Washington, to be fully open by the first half of 2024. The urban community is set in the Vancouver Waterfront master plan, which includes 32 acres of parks, residential units, office space, retail and hotels. The seniors housing community, called The Springs at The Waterfront will feature 250 units and 360,000 square feet of independent living, assisted living and memory care. Amenities will include a spa and wellness center, indoor pool, and multiple dining venues including a pub and full bar. The community commands views of the Columbia River and surrounding mountains, and residents have access to a half-mile waterfront path. The community design was created by Portland-based GBD Architects, and the contractor is Howard S. Wright, a Balfour Beatty company based in Portland, Oregon.
PMB has developed over 115 healthcare facilities to date representing behavioral health, life sciences, ambulatory care centers, MOBs, inpatient hospitals, post-acute hospitals and senior living communities. While The Springs Living currently owns and operates 18 senior living communities in Oregon and Montana, offering independent living, assisted living, and memory care services. Another new community is anticipated to open in 2022 in Happy Valley, Oregon.
