Project Partners Begin Second Development in Metro Albuquerque
RIO RANCHO, NM (January 16, 2018) – Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new senior living community in Rio Rancho, New Mexico. The 70,863-square-foot development in the northern suburb of Albuquerque will deliver 77 units for assisted living and memory care residents.
Located on the northwest corner of Westside Blvd. and Golf Course Road, MorningStar of Rio Rancho will be situated on 5.5 acres. In a mix of studio, one-bedroom and two-bedroom units, the project will feature 51 suites dedicated to assisted living and 26 suites devoted to the individualized care of residents with memory impairment. With an information center onsite by May, the project is anticipated for completion in December 2018.
The development marks the second MorningStar Senior Living community in metro Albuquerque, with MorningStar and Confluent completing MorningStar Assisted Living & Memory Care of Albuquerque–in northeast Albuquerque at 8051 Palomas Ave. NE–in February 2016. Confluent sold the Albuquerque community to Harbert Seniors Housing Fund in July, with MorningStar maintaining its role as operator. The MorningStar and Confluent partnership continues its focused growth in New Mexico, with a third project underway in Santa Fe, planned for completion in fall 2018.
“We’re thrilled to welcome a MorningStar Senior Living community to Rio Rancho,” said Mayor of Rio Rancho Greggory Hull. “We believe that Confluent and MorningStar will add to the various senior living communities that help address our residents’ housing needs.”
Residents will enjoy a 24-hour bistro along with executive chef-prepared meals in restaurant-style and private dining options, a full bar and liquor license, a workshop and art studio, community activities space with demonstration kitchen, a spa and massage therapy room, fitness center, theatre, chapel, library and salon. The community will also be equipped with advanced technological features including an emergency call system and community-wide wireless Internet, among other features. Planned outdoor amenities include expansive courtyards featuring artwork and trellises, perimeter walking paths, resident gardening areas, and a barbecue with outdoor kitchen and fire pit. Residents will have 24-hour access to staff and full-time licensed nurses for personalized care, with housekeeping and linen service, concierge and scheduled transportation. Unique from most senior living communities, the one- and two-bedroom assisted living suites will also feature stacking washing machines and dryers for residents.
“We are pleased to further our growth in New Mexico,” said Marshall Burton, president and CEO of Confluent Development. “Rio Rancho is one of the fastest-expanding areas in the state, with the need for quality senior living also growing. We’re honored to help meet the needs of the community’s seniors.”
The project represents the eleventh joint venture between affiliates of MorningStar, a Denver-based senior living developer, owner and operator, and Confluent Senior Living, a subsidiary of Confluent Development, a Denver-based real estate investment and development firm. Confluent is the project owner and MorningStar will serve as the operator.
“We’re excited to bring an offering to Rio Rancho seniors and their families unlike anything else in the area,” said Matt Turner, managing partner for MorningStar. “MorningStar of Rio Rancho will be an artfully designed community, incorporating the latest technology and beautiful grounds and amenities, all in a convenient location.”
Rosemann & Associates is serving as the architect for the new development, New Mexico-based Bradbury Stamm Construction is the general contractor and Thoma-Holec Design is the interior designer.
About MorningStar Senior Living:
Founded in 2003 by Ken Jaeger, MorningStar Senior Living is a leading developer and operator of premier communities within the senior living landscape, headquartered in Denver, Colorado. MorningStar’s portfolio encompasses over 30 communities and 3,000 units under operation or development. For more information, visit MorningStarSeniorLiving.com.
About Confluent Senior Living:
Confluent Senior Living is a national developer and investor of senior housing projects. Confluent Senior Living partners with a variety of industry-renowned senior living operators across the U.S. An expert in developing, buying and selling senior living communities, Confluent Senior Living has a national senior housing portfolio of award-winning communities. Confluent Senior Living is a subsidiary of Confluent Development, a Denver-based, full-service real estate investment and development firm that owns and develops ground-up commercial real estate throughout the United States. For more information, visit ConfluentSeniorLiving.com.
Lorna Lee | Vice President of Marketing & Communications,
MorningStar Senior Living
Andy Boian | dovetail solutions for Confluent Senior Living
Lea Gralewski, Client Services Associate
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