New Independent Senior Living Coming to Knoxville TN

By
Real Estate Agent with eXp Realty - Angie Cody Team TN RE Lic# 323112

construction kidsA large tract of land was purchased the other day near Cedar Bluff Road. The Nebraska company plans on developing a 128-unit independent living community for seniors.

 

Matt Maude, Cameron's chief financial officer, said the $24 million project will include a three-story residential facility plus three smaller buildings with garage units. Maude said the company will not directly provide health care, but that home health-care agencies will be available to provide services.

He said the facility will include meal service, a 150-seat theater, a workout room and weekly housekeeping.

 

While there are places for seniors living independently in Knoxville, it can be hard "getting in". Quite frankly there are many reasons Tennessee, and Knoxville in particular, is a great place to retire, starting with this being one of the few remaining states that has no income tax. (Okay, you will pay tax on your capital gains).

 

According to the article, construction should start early next year and be finished by the end of 2012. After 4 years we can get started on a new independent living community for seniors.

 

crossposted from Chiara's Corner

Posted by

Chiara

Chiara (KEY-r-ah)...Your KEY to Home Sweet Home

Realty Executives Associates

109 Northshore Drive, Knoxville, TN 37919

(865) 588-3232

 

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Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Chiara....we'll be seeing more and more of this type of senior housing....there are many varieties and there's a need for all of them...

Nov 30, 2011 01:13 AM #1
Rainer
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Chiara Petro
eXp Realty - Angie Cody Team - Knoxville, TN
Your KEY to Home Sweet Home - Knoxville TN

Barbara, I actually hope we do see more of this. I know that my mom has looked at some of the independent senior living, as close to my home, and there is always a waiting list. The last time she checked into one, it was a 3-year waiting list. And, that was several years ago. YIKES!

Nov 30, 2011 11:11 AM #2
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Rainer
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Chiara Petro

Your KEY to Home Sweet Home - Knoxville TN
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