Source: REBusinessOnline

Lifespace Communities: Lifespace Completes Independent Living Renovation at Oak Trace in Downers Grove, Illinois

DOWNERS GROVE, ILL. - Lifespace has completed renovations to the independent living building at Oak Trace, a continuing care retirement community in Downers Grove, about 20 miles west of Chicago. The renovations were part of a $112 million full-campus redevelopment. The first phase of the project occurred in 2019 with the opening of Oak Trace's Health and Wellness Center offering assisted living, memory care rehabilitation and skilled nursing. The latest phase, completed last week, features renovated shared spaces of the independent living building. Highlights include the Oak Room, a formal restaurant-style dining room; the Lounge, a casual gathering space offering cocktails and small-plate items; a newly furnished library; an outfitted art studio; and a lobby. Oak Trace's full redevelopment is scheduled for completion in spring 2024 with its independent living expansion. The final phase will add 140 new independent living apartments, a fitness center and aquatic center, multiple dining venues, a spa and performing arts center.The post Lifespace Completes Independent Living Renovation at Oak Trace in Downers Grove, Illinois appeared first on REBusinessOnline.

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Est. Annual Revenue
$100-500M
Est. Employees
1.0-5.0K
Jesse Jantzen's photo - President & CEO of Lifespace Communities

President & CEO

Jesse Jantzen

CEO Approval Rating

- -/100

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