Maria Linden RCAC
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2012Year Built |
72Total Units |
An Historic Adaptive Reuse for the School Sisters of St. Francis
The School Sisters of St. Francis engaged General Capital and Grucon Group to produce a long-range strategic plan for housing its aging community of sisters in the US Province. As part of the analysis, a market study and demographic overview highlighted the need for increasing care levels as sisters aged in place. As a direct result of the strategic plan, General Capital submitted an application for Section 42 tax credits on behalf of the School Sisters. The development team obtained an allocation of affordable housing tax credits as well as historic preservation tax credits to finance the project.
Maria Linden, as the project was named, includes 72 units of independent and assisted living apartments in two buildings. The north end of the existing St. Joseph Convent will be converted to 36 units and eight guest suites and an addition to the west end of the facility will house another 36 units in a new construction, four-story building. General Capital was responsible for every facet of the pre-development process from strategic planning and programming to coordinating assisted living operations via third party consultants. General Capital and its affiliate Bedrock Construction Company, was responsible for financing, bidding/negotiating and constructing the facility.
KEY THEMES
- Historic adaptive reuse transformed a portion of the St. Joseph Convent into a modern senior residential care community
- Long-range planning and demographic analysis identified evolving care needs and created opportunities for residents to age in place
- Integrated development combined historic preservation with new construction to deliver independent and assisted living residences
- Innovative financing leveraged affordable housing and historic preservation tax credits to support a complex senior housing redevelopment
- Resident-centered design provides multiple levels of care within a familiar campus environment focused on comfort, dignity, and independence
RESULTS
- Successfully completed a senior housing redevelopment featuring 72 independent and assisted living apartments
- Converted the historic St. Joseph Convent into 36 residences while preserving the character and legacy of the existing campus
- Added a new four-story building with 36 additional residences to expand senior living and supportive care options
- Delivered the two-building community in 2012 following an 18-month historic rehabilitation and construction program
- Created a long-term residential care solution designed to accommodate changing needs and support aging in place
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