North of 96th

Welcome to North of 96th, your source for business news from Carmel, Fishers, Noblesville, Westfield and Zionsville. Your host is Andrea Muirragui Davis.

Zionsville / Boone County / Regional News

Hoosier Village poised to add 100 senior apartments

June 25, 2013
Comments Print Reprints
Share More
/ Text Size+

Hoosier Village in Zionsville is putting the finishing touches on a $22 million luxury apartment building designed for seniors.

Hawthorn Hall is the latest addition to not-for-profit BHI Senior Living’s 300-acre central Indiana campus. The three-story, elevator-equipped building features 100 accessible apartments and two restaurants.

Only 22 of the new units were unrented early this month.

Overall occupancy at Hoosier Village is 97 percent, officials said, outpacing the industry average of 89 percent in the fourth quarter of 2012.

Residents have a range of living options, from a health center for those who need ongoing nursing care to single-family homes in neighborhoods like Spindle Tree—which is preparing to break ground on an expansion.

“The senior living industry is booming, especially at Hoosier Village,” Executive Director Sally Keenan said in a prepared statement. “The amenities we’re adding are in response to what we know baby boomers are looking for, and they’re responding by moving here.”

Hoosier Village recently added a 23,100-square-foot Memory Support Center and a 20,000-square-foot Community Center with an indoor pool, fitness center, exercise rooms, spa and art studio.

Indianapolis-based BHI has two other continuing-care retirement communities in the state: The Towne House in Fort Wayne and Four Seasons in Columbus.

ADVERTISEMENT
Comments powered by Disqus