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The Blake at Oxford Planners Value Area's Options for Assisted-Living Community
Ridgeland, Mississippi-based developer Cardinal Ventures is the building vision behind The Blake at Oxford assisted living and memory care community. The facility will be located at 110 Ed Perry Boulevard in Oxford Commons adjacent to the Oxford Conference Center.
Estimated at $15 million in turnkey development costs, the 100-unit, 85,000 square foot community will be the newest addition to the Blake portfolio.
“Our firms is targeting active, vibrant areas,” said Harrison Young, vice president with Cardinal Ventures. “Although Oxford is a little smaller than the metropolitan areas we usually choose, it’s an atypical community with fantastic benefits. For example, Oxford is one of the top retirement destinations in the country anchored by a top university. The advantage of locating a senior facility in a university town is not just about education opportunities for residents — it means that The Blake at Oxford community will have access to all kinds of activities including gray sporting events, museums, the Ford Center and many cultural enrichment options.”
The Blake at Oxford broke ground in August with a slated opening date of Fall 2015. When completed, the Blake at Oxford will provide unparalleled assisted living and memory care services. The community will offer fine and casual dining, salon services, outpatient therapy, theatre room, activity room and outdoor activity courts and courtyards. The variety of suites offers flexible floor plans, kitchenettes, courtyard views, Juliet balconies and individual climate controls.
The Blake at Oxford operations will be managed by Ridgeland, Mississippi-based Blake Management Group, an affiliate of the developer. The architect is Jackson, Mississipi-based Young, Wier&Boerner Architecture.
ABOUT CARDINAL VENTURES
Cardinal Ventures, Inc. is a privately owned real estate development firm based in Ridgeland, Mississippi. Cardinal Ventures is a leader in the development of senior living and other commercial properties throughout the Southeast and actively pursues senior living development opportunities in select secondary and tertiary markets with a capitalization of no less than $10 million or 80 units. For more information, contact Cardinal Ventures at corp@cardinalventures.net
ABOUT BLAKE MANAGEMENT GROUP
Blake Management Group is a senior living community management company founded on the principals of placing residents first, developing and maintaining beautiful communities, and high performance service delivery. Blake Management Group is headquartered in Ridgeland, Miss., and provides a full spectrum of management services throughout the Southeast with communities currently operating in Mississippi, Florida, Alabama, Louisiana and Tennessee. With specialization in operations management, resident care, financial management, human resources, sales, and marketing, Blake Management Group helps take senior living communities to the next level of excellence. These service offerings are available for independent living, assisted living, memory care, and full campus products. The dedicated staff at each Blake Management Group communities are trained to the highest industry standards and policies/procedures. For more information, visit www.blakeliving.com
Some information courtesy of Cardinal Ventures. HottyToddy.com staff report.
jean
September 29, 2014 at 2:18 am
could I get floorplan sketches?