- Funding Needed
- $15 (Mio)
- EB5 Funding
- $15 (Mio)
- EB-5 Investors
- Investment Amount
- Job Creation per Investor
- Job Creation (Total)
- Healthcare and Social Assistance
- Assisted Living Facilities for the Elderly
- Last Update: June 11, 2015 02:29 AM
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Elgin Memory Care, LLC
1. Project Overview
Elgin Memory Care, LLC (“EMC”) is in the final construction approval phase with the City of Elgin, Illinois. At the moment land for facility is currently under development, with opening project in March 2015. EMC is fully subscribed and the total estimated capitalization is $15 million. The project is expecting to create more than 270 jobs including the full time jobs after opening and also jobs throughout the construction development. EMC offers about 80 units of assisted living and memory care, for a casual lifestyle 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 that will engage your intellect and curiosity
Access to paved walking paths within the planned neighborhood of West Point Gardens
Gardening areas to natural flora and fauna
24-hour licensed care staff
3. Project Highlights
Land for facility is currently under development in City of Elgin, Illinois
Estimated total units: 80
Total Project Capitalization: $15M
Approximate square footage: 76,000
Estimated opening date: March 2015
New jobs expected to be created: 270+
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