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HUBBELL REALTY COMPANY CELEBRATES START OF NEW SENIOR LIVING COMMUNITY IN HISTORIC BEAVERDALE NEIGHB

Des Moines, IA (July 29, 2016) – Hubbell Realty Company, along with Senior Housing Management of Cedar Rapids, Iowa, and the Beaverdale neighborhood, celebrated the start of construction of Edencrest at Beaverdale Assisted Living and Memory Care community last night.

When complete, Edencrest at Beaverdale will include 60 Assisted Living and Memory Care apartments in the historic Beaverdale neighborhood in the heart of Des Moines. The community, a $12 million investment, is scheduled to open in 2017.

Various business leaders and community members spoke at the event including Hubbell CEO Rick Tollakson, Senior Housing President and Founder Allan Phillips, Hubbell’s VP of Development Kris Saddoris, and Beaverdale Neighborhood Association Vice President Kirsten Bosch.

Edencrest at Beaverdale Groundbreaking

Edencrest at Beaverdale will offer state-of-the-art amenities and a culture of independence for residents and their families. The community will include three restaurant-style meals daily in exquisite dining rooms, complimentary transportation to appointments and activities, a busy calendar of life-enriching activities and access to an in-house spa, exercise room and beauty/barber salon, to name a few.

“We could not be more thrilled to begin this project in one of the most adored neighborhoods in Des Moines,” Tollakson said. “Edencrest at Beaverdale will offer residents the great opportunity to remain in a neighborhood they love without the demands of a single-family home. We know that by 2030, 1 in 5 people will be over the age of 65, and with the increasing incidence of dementia-related illnesses, we believe this community will be a vital asset to the neighborhood."

“Our sincere hope is that the apartment options at Edencrest at Beaverdale will provide another important housing option in the community,” Phillips said. “Many families have strong roots in the Beaverdale area and will want to stay in or return to the area during their retirement years. Edencrest at Beaverdale will provide the perfect opportunity for those individuals. We are thrilled to again partner with Hubbell Realty Company for our third Assisted Living and Memory Care community in the Des Moines area.”

Saddoris added that in building Edencrest, Hubbell looks for strong neighborhoods and Beaverdale is the ideal location for the third assisted living community to be built by Hubbell Realty Company.
Nicole K James, Local Beaverdale Artist
Local artist Nicole K. James was also at the event to celebrate the development commencement, working with attendees to produce a mosaic planting pot that will be used in the garden once the project is complete.

The two other locations are Edencrest at Riverwoods, at 2210 East Park Avenue in Des Moines and opened in 2014; the second, Edencrest at Green Meadows, opened in February 2016 in the Green Meadows neighborhood in Johnston. There are two other senior living projects in development under Hubbell’s Edencrest brand in Ankeny and Norwalk.

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About Hubbell Realty Company
Hubbell Realty Company is a leading commercial and residential developer and commercial property management firm. Headquartered in West Des Moines, Iowa, Hubbell Realty Company has 35 residential communities and 12 business parks. Always breaking new ground, Hubbell Realty Company has been a catalyst for growth in Greater Des Moines and can trace its presence in Iowa back to 1856. For more information, call (515) 243-3228, or visit www.hubbellrealty.com.

About Hubbell Construction Services
Hubbell Construction Services, a subsidiary of Hubbell Realty Company, offers integrated construction and development services, including general contracting, interior construction renovation, pre-construction, design-build and construction management. Hubbell Construction Services is located at 6900 Westown Parkway, West Des Moines, IA, 50266. For more information, call (515) 243-3228, or visit www.hubbellconstruction.com. About Senior Housing Management Senior Housing Management provides innovative, compassionate, resident focused healthcare and management services for Assisted Living Communities throughout the states of Iowa and Illinois. Senior Housing Management is located at 208 35th Street Dr. SE, Suite 500 Cedar Rapids, IA, 52403. For more information, call (800) 366-6716, or visit www.seniorhousingcompanies.com.

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