A senior housing community has taken the first step toward building a $125 million continuing care retirement facility in Harford County.
The Presbyterian Home of Maryland Inc. received approval from the Maryland Dept. of Aging to determine the feasibility of constructing 183 independent living units, 10 assisted living beds and 10 comprehensive care beds in Aberdeen.
If the plan goes through, the 138-acre site will break ground in 2011 and the facility will open by late 2013. The Village at Carsins Run will be adjacent to Ripken Stadium. The site will include wetlands, tree buffers and nature trail.
The feasibility study indicates that a reasonable financial plan has been submitted for development and operation of the project, and that there appears to be a market for a continuing care retirement community in
Harford County.The Village at Carsins Run will employ about 80 full-time workers once it opens. Approximately 200 construction jobs will be available once actual work on the project begins.
Construction will be funded with seed capital from the Presbyterian Home of Maryland, a faith-based Towson nonprofit and municipal bonds.
Writer: Julekha Dash
Source: Presbyterian Home of Maryland