“It was going along very slowly and things kind of fell in place for the developer,” Fanning said.
»RELATED: Kroger testing new downtown restaurant, grocery store option
The nearly $4.5 million deal includes slightly more than 43 acres, but it does not include the Magic Castle, he said. The family entertainment venue will undergo updates, new game installations and a parking lot renovation over the next six weeks and will remain open.
About 19 of the 42 acres will be dedicated to the The Grand of Sugarcreek, Fanning said. Guttman Properties will partner with Civitas Senior Living to manage the facility, which is expected to open in summer 2021, according to a statement from Guttman.
The “cruise ship on land,” as the developer previously described the facility to the Dayton Daily News, is a $65 million project, Cara Tilford told township trustees when they approved the plan in May.
The 240 residences include 120 independent living apartments, 82 assisted living apartments, 16 memory care suites and 22 independent cottages, according to the statement.
“Our community has received numerous inquiries from prospective residents and we are excited for construction activity to begin,” said Andrew Vecellio, director of business development for Guttman Properties.
»PHOTOS: Local smart home with spa features, tree house on market for nearly $4M
The rest of the golf course property will encompass 258 garden-style apartments and 24 townhomes. The luxury apartment community will include a stand-alone clubhouse and community center that includes a fitness room, cyber cafe, demonstration kitchen, salt-water pool with living room, fire pits and a grilling area.
“This beautiful community will provide a housing option not currently available in the township,” Vecellio said.
The multi-generational housing is something that’s become common in many developments, Fanning said. The older children in their 70s live in townhomes near the senior living center where their late 80s and 90-year-old parents reside, he said.
FIVE FAST READS
• Starbucks set to open largest coffee store, roastery in November
• Kroger launches own line of meatless burgers, plant-based foods
• Popular video game store closing up to 200 locations
• Kroger, Walmart asks shoppers not to openly carry guns, will allow concealed ones
• Target kicks off holiday hiring spree, looking for 130K workers
About the Author