2014 Government Regulations & Business Summit
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PROVIDENCE – Construction is now under way at The Highlands to transform the former 78-unit facility into 41 assisted-living apartments and 23 Alzheimer’s and dementia-care apartments, according to officials from Great Point Investors and HallKeen Management, partners in the project.
“We are delighted to partner with HallKeen’s highly skilled team to capitalize on an unmet need for seniors in Providence,” said Kathryn Sweeney, principal of Great Point.
“It was easy to see that there was a need for this type of housing in the Providence market,” said Andrew P. Burnes, president of HallKeen Management. “Our partners, investors and construction/design teams understand that as the population grows, the need for assisted-living housing is critical. Our aim is to provide the best quality of care, amenities and commitment to our residents’ well-being.”
The New England Carpenters Combined Benefit Funds, of Wilmington, Mass., is also an investor in the project. •