The Ivy Assisted Living Residential Community in Watertown will open for business in early February.
The facility, which is currently under construction at 655 Straits Turnpike on the Middlebury town line, houses 89 studio, one-and two-bedroom apartments.
The Ivy is owned by the Arbors, headquartered in East Longmeadow, Mass. In addition to the Ivy, the Arbors owns and operates nine assisted-living facilities in the Bay State as well as Ellington, Conn.
All apartments at the Ivy are furnished with daily personal-care services, walk-in showers, cable TV, phone and Internet service, self-service washers and dryers, plus automobile snow-removal services for residents.
The facility’s home-like environment amenities includes dining on local culinary favorites, a community living room with fireplace, outdoor courtyard and patio, and a pub with complimentary snacks and beverages.
The facility began accepting deposits in November. “We anticipate our first group of residents will move in by the first week in February,” said Ivy co-owner Amie Hanrahan.
As an incentive, the Ivy announced that it would pay moving costs for new residents relocating from within a 25-mile radius of Straits Turnpike.
TRANSACTIONS
2285 Whitney Ave., Hamden
A prominent Hamden commercial building has changed hands. 2285 Whitney Avenue, a 20,000-square-foot multi-tenant retail/office complex on 1.22 acres, has been acquired by Whitney Merritt LLC, whose principal is Christopher S. Nicotra of Delray Beach, Fla. The seller was 368 LLC, whose principal of record is Ke Chiang Chen of 297 Blake Circle, Hamden.
The value of the transaction, which closed Dec. 23, is $830,000. The property was listed by Joel Nesson, senior advisor at Press/Cuozzo Realtors, while company principal Stephen Press represented the buyer in the deal.
