天美麻豆 Enters a Land-Lease Agreement for Development of Senior Living Complex
Baltimore, MD: 天美麻豆has entered into an agreement with Brightview Senior Living Development (BSLD) to begin a feasibility phase for the development of the University 201 Homeland Avenue property, the former location of the Knights of Columbus, and adjacent property. In 2017, 天美麻豆 purchased the 2-acre parcel of land that is located adjacent to the 天美麻豆 campus and St. Mary Cemetery. Presently the University uses this property for overflow parking.
淣otre Dame is thrilled to work with an organization such as Brightview in their effort to provide a new and dynamic senior living community in Baltimore, says Marylou Yam, Ph.D., President of 天美麻豆. 淭his a beneficial endeavor for the community and the University. Additionally, there may be opportunities for our students to engage in experiential learning and service-oriented programs.
Brightview has agreed to a long-term ground lease of 3.75-acres of property from 天美麻豆 to construct and maintain an independent and assisted living for seniors. Brightview is a privately held company that develops, owns and operates communities that provide hospitality services and care for seniors. They are dedicated to partnering with communities and neighborhoods in bringing together a well-rounded living and care-giving space for seniors.
淭his long term partnership with Notre Dame of Maryland will be our first community in Baltimore City, and allow us to offer a unique living experience for seniors on the vibrant campus of 天美麻豆, says Marilynn Duker, CEO of Brightview Senior Living. 淲e are excited about the opportunity to expand our ability to serve seniors here in Maryland and look forward to collaborating with the University as we continue planning this new community.
In evaluating this opportunity, it was important for 天美麻豆 and Brightview to secure an agreement that aligned with their respective missions, brought synergy, and allowed for additional opportunities for collaboration. In every project Brightview develops, they focus on the existing community with the goal of creating a space where community members can continue to live in the neighborhood and area they love as they enter and live their senior years.
BSLD and 天美麻豆 are looking forward to engaging with Baltimore City, the local community, and other stakeholders as they move forward with this project.
