Balfour expanding in Louisville

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 Highlights:

  • Balfour expanding in Louisville.
  • Center to open in 2017.
  • Balfour won 2 awards for downtown facility. 

Shown is the swimming pool in the Balfour at Riverfront Park in downtown Denver.

Shown is the swimming pool in the Balfour at Riverfront Park in downtown Denver.

Sixteen years after opening a senior living center in Louisville, Balfour Senior Living is planning to develop a 50,000-square-foot community on a two-acre site across the street from the existing facility.

 The center, with 65 assisted living apartments, at 1800 Plaza Drive, will serve about 70 residents. Construction will begin in the second quarter of 2016, officials said on Tuesday.

 The opening is scheduled for the third quarter of 2017.

 About 300 seniors already living on Balfour’s main Louisville campus.

 The new center will include a small memory care component, The project will be across the street from Balfour Retirement Community. The first center opened in 1999 and provides assisted living and skilled nursing residences.

“Balfour is committed to building and operating the best senior living communities in Colorado and this new development will incorporate all we have learned from our nearly 20 years of developing and operating senior housing,” said Michael K. Schonbrun, founder and CEO of Balfour Senior Living.

Balfour Senior Living is based in Boulder County.

DTJ Design, based in Boulder, has been selected as the architect.

Amenities in the new facility will include a fitness center, salon, farm-to-table dining, chauffeured transportation and themed common areas for educational and event programming. Meanwhile, Balfour at Riverfront Park, a senior living community in the downtown Denver, has recently received two national awards.

One is the  “Grand Award for a Senior Living Community” from Hanley Wood. The Denver center also received a 2015 Senior Living by Design Award from Senior Living Executive, the flagship magazine published by Argentum. Argentum is the largest national association exclusively dedicated to professionally managed and licensed senior living communities.

The Denver center opened in October 2014, across from Commons Park at the base of the Millennium Bridge. Denver-based Klipp Architects, a division of gkkworks, designed it..

Interested in buying a home in Louisville? Please visit COhomefinder.com.

Interested in buying a home in Riverfront Park? Please visit COhomefinder.com.

Have a story idea or real estate tip? Contact John Rebchook at  JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.

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John Rebchook

John Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and commercial real estate for 26 years. He has won numerous awards for business stories and columns that he wrote, both as an individual and part of teams. In addition to real estate, he also covered economic development, banking and financing, the airlines, and cable TV for the Rocky. In addition, he was one of the original freelance writers for GlobeSt.com, covering commercial real estate for the Internet publication.

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