Senior Campus Living gets OK for project in Silver Spring Apartment community set at former Great Oaks site

Retirement housing

August 28, 1998|By J. Leffall | J. Leffall,SUN STAFF

Senior Campus Living Inc. of Catonsville said yesterday that it has obtained approval from zoning boards in two Maryland counties to develop a $250 million, 120-acre apartment community in Silver Spring.

Senior Campus Living purchased the former Great Oaks Center land, which straddles the Prince George's-Montgomery County line, from the state for $9.1 million in October 1996. The state closed Great Oaks, a facility for the developmentally disabled that was opened in 1970, in June 1996 in preparation for the sale.

Construction on the project, which will be called Riderwood Village, will begin next year, with apartments scheduled to open in the spring of 2000, according to Senior Campus Living spokesman Mel Tansill.

He said the complex is being built in an area with more than 58,000 senior citizens.

"We are creating a complete environment," Tansill said. "We believe this will become a lifestyle of choice for senior citizens of the future."

Tansill said total occupancy in the community, which is designed for middle-income retirees who have monthly incomes between $1,000 and $2,500, could reach more than 3,400, and that the company may build 2,000 units and 600 assisted-living apartments.

When construction is completed, Tansill said Riderwood Village will employ more than 1,300.

Pub Date: 8/28/98

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