North America Sekisui House, LLC (NASH) and Brookfield Properties, owners of Wendell Falls, recently closed on a development plan for a 140-unit apartment community for residents 55 and older. The community, named Arden at Wendell Falls, will feature open-concept units with accessible features.

The Wendell Falls community does not have any 55-and-older apartments.

The units will be 870 square feet for one bedroom and 1,399 square feet for two bedrooms. Each unit will have wide door frames, accessible bar and furniture heights and zero steps. There will be stainless steel appliances, granite countertops and walk-in showers. The monthly unit cost are expected to be comparable to traditional apartment rates.

“With a focus on universal design concepts, both the community spaces and unit layouts are designed for comfort and accessibility,” Arden Managing Partner Kevin Woodley said.

Amenities will include a creative arts and business center, fitness center and wellness room, a library, community rooms and lots of outdoor spaces featuring terraces, covered lounges, a fire pit, swimming pool, pickleball court and an outdoor dining area with a grilling station.

“The optimization and programming of outdoor space will be an integral element of Arden at Wendell Falls," said Tanya Matzen, Brookfield Properties vice president of operations.

Construction is expected to start in April with an estimated completion of late 2024. NASH and Brookfield are not releasing the cost of the project at this time.

Wendell has continued to see rapid growth and developers are answering the call by adding to the Wendell Falls community with The Spectrum Companies and FCA Partners bringing 315 apartments and 50 townhomes that was announced early this year. Those are slated to be complete by mid-2024. Owners of Parkside Restaurant announced in July that they would be opening a location in the Wendell Falls community by the end of this year.

To read the article on the Triangle Business Journal please visit: https://www.bizjournals.com/triangle/news/2022/09/09/developers-make-plans-age-restricted-housing.html