Dallas Firm Brings $80 Million Investment and 200+ Jobs to Phoenix Area with Development of Five Mariposa Point Properties
Phoenix, AZ (PRWEB) August 15, 2016 -- Dallas, TX based firm McFarlin Group, LLC and Surpass Senior Living, LLC, announced five senior living, assisted living and memory care community developments in the greater Phoenix Metroplex. McFarlin Group is the developer of the properties and Surpass Senior Living is the operator. The properties consist of senior living, assisted living and memory care with the first project opening later this year in Gilbert. Properties are currently under construction in Gilbert, Surprise, Mesa and Phoenix. Each property is called Mariposa Point and will employ approximately 45 people at each property when completed.
The firm plans to build an additional 204 units of senior living adjacent to the Mariposa Point of Gilbert assisted living and memory care community that is nearly 70% complete and opening later this year.
Mariposa Point of Gilbert is located on a 5-acre tract at 1445 E. Willis Road in Gilbert at the southwest corner of S. Val Vista Drive and Willis Road, just south of the 202 and across from Gilbert Mercy Medical Center. The property will contain 83 units and will be licensed for over 120 residents. Rebecca Dice, Executive Director and Leslie Davis, Director of Sales and Marketing were hired earlier this month to coordinate the hiring of an additional 40+ team members needed to operate the community and to pre-lease the apartments.
Mariposa Point of Surprise is located on a 6-acre tract at 16650 North Stadium Way in Surprise at the southeast corner of N Parkview Place and W. Young Street, just south of Bell Road and nearby Surprise Stadium. The property will consist of 76 units of assisted living and will be licensed for over 100 residents. The property is 50% complete with construction and will open late Winter 2016.
Mariposa Point of Mesa is located on a 6-acre tract at 1248 S. Crismon Road in Mesa at the southwest corner of E. Southern Avenue and S. Crismon Road and across from Mountain Vista Medical Center. The property will consist of 83 units of assisted living and memory care and will be licensed for over 120 residents. Construction commenced in July 2016 and plans to open Spring 2017.
Mariposa Point at Algodón Center is located on a 6.5-acre tract at the northwest N. 91st Avenue and W. Thomas Road in Phoenix and across from Banner Estrella Medical Center in the Algodón Medical Center. The property will consist of over 80 units of assisted living and memory care and will be licensed for over 120 residents. Construction will commence later this year with completion planned for late 2017.
“We are excited about our significant investment and job creation in Phoenix and feel that we have chosen markets that are not only experiencing tremendous growth potential, but that are in need of quality senior care,” said Melinda Hawkins, Vice President of Operations with Surpass Senor Living. “We have the passion and expertise to provide seniors with communities that will not only enhance and enrich their lives, but also provide premium services at a moderate price point.”
“We feel Phoenix offers a lot of potential for Surpass Senior Living driven by the job growth and demographic trends. Surpass Senior Living is truly an innovative operator of senior communities and will offer an innovative approach to all facets of management, operations and resident programming. We are excited to serve seniors at each Mariposa Point property within Phoenix,” said Preston Smith, Regional Director of Sales & Marketing for Surpass Senior Living.
Surpass Senior Living manages three other projects in Texas and its people have over six decades of experience in senior living.
“Each community will serve seniors needing assisted living care and also include a separate secured wing to serve Alzheimer’s and/or dementia care residents. The Mariposa Point communities feature beautifully landscaped interior courtyards, private dining amenities, special event venues, therapy rooms, a salon and much more. Additional services provided to residents include daily activities, transportation, wellness programs, weekly linen and housekeeping services and assistance with activities of daily living,” said Josh Rosen, Principal of McFarlin Group.
“DL Slaughter Co s been busy guiding the real estate and site selection decisions of businesses in Arizona for 35 years. We`re proud to be associated with Mariposa Point and Surpass Senior Living, as they represent Best-in-Class within the Senior Living industry. Professional and caring in every way, they provide wonderful and viable alternatives for seniors as they approach the time in their lives when they need assistance activities of daily living or those suffering from dementia or Alzheimer’s,” said Dave Slaughter of D.L. Slaughter & Co.
Surpass Senior Living, one of the most innovative assisted living providers in the country, will perform the daily operations for the Mariposa Point communities.
Over the past 10 years, McFarlin Group has been involved in the development and construction of 5,000 senior living units across the United States.
D.L Slaughter Co. is the longest standing boutique retail brokerage firm in Arizona and represented McFarlin Group and Surpass Senior Living in the land transactions.
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Josh Rosen, McFarlin Group, +1 (469) 619-5372, [email protected]
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