Developer Michael Catanzarite received rezoning approval from city officials on July 1 to build a $20 million skilled nursing and rehab center in Strongsville, Ohio, Cleveland.com reported.
Catanzarite had initially told Cleveland.com that the development would include independent living, assisted living, and long-term care, but he later said that the project will only be a nursing home and rehab center. The home would be owned and operated by Progressive Quality Care, which runs 12 senior living communities in northern Ohio, the site reported.
The project will generate about $4.5 million in payroll taxes and about $150,000 a year in new property taxes for the city, as well as $250,000 in new property taxes for Strongsville City Schools, Catanzarite said at a public hearing on June 17.
Ignite Medical Resorts Breaks Post-Acute Ground
Post-acute operator Ignite Medical Resorts last week broke ground on Transformative Health of McHenry, a new skilled nursing facility in McHenry, Ill.
Built in conjunction with the Indianapolis-based developer Leo Brown Group, the facility will target residents recovering from hospital stays, with a variety of “medical resort” features — including private recovery suites, an on-site Starbucks location, and a spa.
The property, which the Niles, Ill.-based Ignite says will employ 120 people, will be the first new SNF development in its county in more than 10 years, with a current projected completion date next fall.
Co-founded by former Symphony Post Acute Network president Tim Fields, Ignite opened a similar medical resort property in Kansas City last fall, with plans for several more in the region — as well as a $25 million planned development in the Milwaukee area backed by real estate investment trust (REIT) National Health Investors (NYSE: NHI).
Two Texas SNFs Merge to Form One Center
SLP Operations LLC consolidated two SNFs in Snyder, Texas — Snyder Healthcare and the Snyder Oaks Care Center — as part of ongoing efforts to consolidate labor resources in the market, the company announced last week.
“By bringing our administration and nursing teams together into one location, we will further improve our ability to provide and achieve operating efficiencies more effectively, through enhanced collaboration, communication, and teamwork,” SLP Operations CEO Cassie Mistretta said in the release announcing the merger.
The new center, Snyder Oaks Nursing and Rehabilitation Center, will be managed by administrator Micki Brittain and director of nursing Heather Matchett. The consolidation is expected to be complete by this fall, and SLPO estimates that fewer than 1% of employees will stop working at the facility once the move is finished.