The Mirror Newspapers Reflecting Life Along The Maumee River
BY NANCY GAGNET | MIRROR REPORTER — Construction will soon begin on a new 80-apartment senior living complex off of the Anthony Wayne Trail between Monclova Road and Ford Street.
Maumee Pointe at Side Cut Crossings, an assisted living and memory care facility, is expected to open next year. According to Pete Zimmerman, chief estimator with The Douglas Co., crews are expected to break ground in late August or September on the 12-month project. The Douglas Co. is serving as the general contractor for the $11.6 million project, which is a first of its kind in Maumee city limits.
“The city was very interested in this project and very helpful in getting everything approved,” Zimmerman said. “It will be a state-of-the art facility.”
Sage Real Estate Development of Brooklyn, Ohio, will own and operate the 68,400-square-foot building, Zimmerman said. It will house over 20 memory care units for individuals with dementia-related conditions and over 55 units for those needing assisted living services. Staffed 24/7 by licensed medical professionals, the facility will also include dining areas, a fireplace lounge, an activity center, a library, a chapel, a theater room, a beauty salon and an outdoor courtyard.
In late 2017, Maumee Mayor Richard Carr ann-ounced that new economic development projects were coming to the 60-acre site, where crews have been busy ever since preparing it for that purpose. In addition to the senior housing development, The Toledo Clinic will also open a new cancer center at that location, although the two facilities are not related. Restaurants, a new hotel and other businesses could also be coming to that area.
Proceeds from a Tax Incremental Finance agreement are being used to fund construction of the entrance to the site as well as improvements along the Anthony Wayne Trail leading into the city. In addition, a side agreement will make Maumee City Schools 100-percent whole by administering payments to the district in lieu of paying taxes on the building.
“This is the first development since the 1970s that we’ve had a large-scale economic development project in which 100 percent goes to Maumee City Schools,” Carr said when he announced the new development. “This arrangement is really a unique combination of working together. It’s really a win-win for the entire community when you do that.”
