Tuesday, June 21, 2011

Developers to Present Expanded Plan for Senior Housing

Tonight, [Sandy River Co.] will present an expanded proposal to the Planning
Board. The new proposal is for a three-phase project, with a 50-bed memory care
center for Alzheimer's patients, followed by a 120-unit independent- and
assisted-living facility and, finally, 44 cottages to sell to people who are 55
and older. Daniel Maguire, a partner in Sandy River, which owns 11 health care
facilities in Maine, said the economic downturn stalled the project and
eventually led the developer to change its plan. "We just felt there was a need
to add to (the previous proposal) and provide additional senior-care services,"
he said.
- John C.L. Morgan

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