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Construction: Completed
Recent success at The Mather in Tysons, Virginia, includes achieving 90% pre-sold figures just three months after opening, leading to retirement of $100 million in construction debt. The community, valued at $500 million, incorporates international design and advanced technology across its 27 stories and 670,000 square feet. CEO Mary Leary highlighted the project’s diverse appeal, attracting depositors from various backgrounds and demographics.
The Mather in Tysons / Mather Communities
Key amenities at The Mather include a wellness center, fine dining restaurant Tashi, and an art studio named Wu Wei. The community’s focus on wellness, sustainability, and personalized experiences sets it apart in the senior living market.
On another note, the completion of a project in South Whitehall Township added 100 residents to the Diakon Senior Living Community, showcasing continued growth in the industry.
Construction: Planned
Claiborne Senior Living plans move forward
Claiborne Senior Living advances its $25 million project in Maryland after a recent court ruling, while further projects in Dallas and Gastonia see progress in their expansion plans.
Dallas-area project nets approvals
The approval of a new senior living community in Highland Park signals growth in the Dallas area, with completion expected by the end of 2026.
Covenant Village plans $54 million expansion
Covenant Village in Gastonia embarks on a $54 million renovation project to enhance existing amenities and introduce new housing options to its community.
Construction: In Progress
Episcopal SeniorLife Communities receives federal funding
Episcopal SeniorLife Communities secures $1 million in federal funding for a new independent living project in Rochester, NY, adding 74 apartments for lease this fall.
