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Bridgewood and Harrison Street Break Ground on Luxury Senior Living Community in Charlotte, North Carolina

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CHARLOTTE, NC & CHICAGO, IL – Bridgewood Property Company (Bridgewood), a national developer of luxury senior living properties, along with Harrison Street, a leading investment management firm exclusively focused on alternative real assets, today announced the groundbreaking at The Village on Morehead, a luxury senior living community in Charlotte, North Carolina. The project is scheduled for completion in Fall 2023. The Village on Morehead, located at 727 E. Morehead, proximate to the Dilworth, Eastover, and Myers Park neighborhoods, will offer 192 high-end independent living apartments for seniors. In addition to providing living spaces with top-of-the-line amenities, the community has been… read more

Bridgewood Purchases Land in Green Hills for Luxury Senior Living Community

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NASHVILLE, TN – Bridgewood Property Company (Bridgewood), a national developer of high-end senior living properties, announces the acquisition of 3808 Cleghorn Avenue in the heart of Green Hills for the development of a mid-rise, luxury retirement community. The new Bridgewood community in Green Hills will offer independent living, assisted living, and memory care to its residents and will be located conveniently to the neighborhoods of Belle Meade, Forest Hills, and Hillwood. Two local, Nashville-based, design firms were selected for the project given their track record of success and capabilities across the United States. ESa has been engaged as the project architect and Catalyst Design Group… read more

Developer reacquires senior living projects in Heights, Meyerland

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[Houston Chronicle / Written by Katherine Feser – Published December 14, 2024] Houston-based Bridgewood Property Co. has regained ownership of two senior living properties it developed in Houston and plans renovations to both. The company announced the acquisition of the Village of the Heights, a 103-unitproperty at 1407 Studewood in 2015, and the Village of Meyerland, a 125-unit property at 4141 N. Braeswood built in 2013. The properties, which provide independent, assisted and memory care residences, were purchased from a national life insurance company that was ready to exit its investment. Terms were not disclosed.“These communities represent the cornerstone of… read more

The Village on Morehead Opens in Charlotte, NC

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Charlotte, NC – April. 25, 2024 – The Aspenwood Company, a senior living hospitality firm announced today that its new senior residential community, The Village on Morehead, a luxury retirement rental development, has opened and is welcoming new members to the 12-story building. Located at 727 East Morehead, The Village on Morehead is situated adjacent to the Queen City’s heritage neighborhoods of Eastover, Myers Park and Dilworth. Featuring 192 well-appointed units and spacious Penthouses located close to all the city has to offer. Looking over the verdant treetops of Charlotte, The Village on Morehead represents Aspenwood’s distinctive quality and signature… read more

Bridgewood Acquires Land in Charlotte, NC

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CHARLOTTE, NC – Bridgewood Property Company (Bridgewood), a national developer of high-end senior living properties, announces the acquisition of 727 E. Morehead in Charlotte, North Carolina with plans underway to construct a luxury senior living community, The Village on Morehead. The community will offer exceptional living options for discerning seniors, proximate to Dilworth, Eastover, and Myers Park neighborhoods, offering convenient access to Charlotte’s top medical providers as well as its most regarded cultural centers and attractions. Bridgewood has selected Charlotte-based BB+M as the architects, LandDesign as the civil engineers, and Choate Construction as the general contractor. Bridgewood received rezoning approval… read more

2019 Winner – ULI Impact Award

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The Austin Chapter of the Urban Land Institute (ULI) recently awarded the Village at the Triangle in Austin, Texas its 2019 ‘Best Project Design’ winner. ULI’s Impact Awards recognize projects which exemplify ULI’s mission: To provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. The Village at the Triangle began welcoming residents in September of 2018, and offers independent living, assisted living and memory care apartments to residents of Austin. The project was jointly developed by Bridgewood Property Company and W2 Real Estate Partners, was designed by House+Partners, and built by Harvey-Cleary builders. The Village at the… read more

Bridgewood Community Wins Best Design Award

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The Village at the Triangle in Austin, Texas was recently selected as the winner of the ‘Best CCRC Design’ award for 2018. The Bridgewood-developed community opened its doors to residents in the fall of 2018 and offers independent living, assisted living, and memory care options. The project was a joint-venture between Bridgewood and Austin-based W2 Real Estate Partners, was designed by House+Partners, and built by Harvey-Cleary builders. More than ninety communities were nominated for this year’s Senior Housing News (SHN)’ Architecture & Design awards which evaluates amenities, integration into the surrounding community, and unique design elements. The Village of the… read more

Bridgewood Property Company begins construction on luxury high-rise senior living community in Southampton Place

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Village at Southampton to Set Pace in Urban Senior Living Innovation Bridgewood Property Company today launched construction on the company’s newest luxury senior living property, the innovative high-rise Village of Southampton. Located in the historic, prestigious Southampton Place neighborhood, the newest addition to Bridgwood Property Company’sindustry-leading senior community housing portfolio is one block from Houston’s best-in-class Rice Village shopping and dining district. The Village of Southampton is expected to be completed in Spring 2020, bringing independent living, assisted living, and memory care services to the neighborhood. High-rise senior living is an emerging trend in the senior living market. The model… read more

Construction begins on senior living high-rise in Southampton Place

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Article by Olivia Pulsinelli – Senior web editor, Houston Business Journal, originally published on Houston Business Journal (www.bizjournals.com/houston) A 17-story luxury senior living community will rise in one of Houston’s wealthiest areas. Houston-based Bridgewood Property Co. announced April 12 that construction has started on the project, called The Village of Southampton. It will be at 5020 Kelvin St. in Southampton Place, a neighborhood adjacent to West University Place and Rice University.  “One of our primary considerations in identifying an appropriate location for a new senior community is enabling prospective residents to stay in the neighborhoods where they have always lived,”… read more

Solving the Senior Housing Middle-market Crisis

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Senior Living for Less (article originally featured in Plante Moran Living Forward, Senior Housing News) Existing developers like Drever Capital Management and Bridgewood Property Company have developed a less-expensive senior housing option in major markets like Austin and Atlanta. Among development companies, there are few actively targeting the void for middle-market senior housing by offering a “light” version of the existing model. This off-price housing looks and feels a lot like the high-end senior housing that runs about $3,600 per month on average, but is offered at 10% to 20% less by controlling development costs and operating costs. For some,… read more