- Funding Needed
- $13 (Mio)
- EB5 Funding
- $1 (Mio)
- EB-5 Investors
- 2
- Investment Amount
- $500,000
- Job Creation per Investor
- 100.0
- Job Creation (Total)
- 200+
- Category
- Healthcare and Social Assistance
- Sub-Category
- Assisted Living Facilities for the Elderly
- State
- Illinois
- Location
- Illinois
- Last Update: July 26, 2016 07:31 AM
Funding
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Aurora Memory Care, LLC
Project Description
1. Project Overview
After first obtaining a building permit in December 2013, Aurora Memory Care, LLC (“AMC”) completed the development and improvement of the site in the city of Aurora, Illinois. At the moment project is under construction, but the estimated opening date of the facility is March, 2015. AMC project is fully subscribed and the total estimated capitalization is $13 million.
AMC is anticipating to create more than 200 jobs including direct, indirect and induced jobs by 2017. These include nurses, aides, other medical and personal care providers, physical therapy specialists and administrators, but more importantly, people who care about seniors. With about 60 units of assisted living and memory care, AMC provides premiere lifestyle services with exceptional health care services.
2. Community Amenities
Units with spacious floor plans
Chef-prepared meals focusing on nutrition as well as presentation
Lounges, sitting areas, and gathering spaces
Library ready to engage your intellect and curiosity
Access to paved walking paths on the Fox River
Gardening areas to natural flora and fauna
24-hour licensed care staff
3. Project Highlights
Fully subscribed
Facility is currently under construction in City of Aurora, Illinois
Total Project Capitalization: $13M
Estimated total units: 60
Approximate square footage: 53,400
Estimated opening date: March 2015
New Jobs expected to be created: 200+
Project Timeline
March 2015
News & Updates
News & Updates 7
Regional Center
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