Bi-Annual Senior Housing Construction Cost Data Available


The American Senior Housing Association (ASHA) and leading national construction firm The Weitz Company have published the results of their bi-annual Continuing Care Retirement Community (CCRC) and Senior Housing Construction Cost Data Special Issue Brief.

This latest research reveals material prices are down slightly for the year. However, skilled labor continues to be an issue. The labor shortage is causing some contractors to turn down work or be very selective about the projects they pursue.

“The effect of this skilled labor shortage is significant, as we have seen the selling price for construction services increase nearly 10 percent this past year,” said Larry Graeve, senior vice president – Senior Living, The Weitz Company. “For the coming year, we anticipate a more moderate increase of 3 to 5 percent.”

The Weitz Company is one of the largest and most established construction managers of senior living facilities in the United States. Weitz’s specialized team has a proven track record in new construction, as well as renovations and repositionings in occupied senior living communities. Weitz works closely with the designers and operators to build communities that keeps residents’ wants and needs in mind, while maximizing the client’s investment.

 About the CCRC and Senior Housing Construction Cost Data Special Issue Brief  

The bi-annual CCRC and Senior Housing Construction Cost Data Special Issue Brief is released every Summer and Winter, and is based on nation-wide data of senior living projects under construction or completed by The Weitz Company. Costs are full burden and include general conditions, insurance, tax, bond and fee, but exclude site construction costs. The costs are based on a city index of 100. Each city carries a different index. These indices, coupled with local market conditions, are essential when comparing overall pricing.


Senior Living Cost Brief Winter 2016

+ Full Burden: Costs are full burden and include general conditions, insurance, tax, bond and fee, but exclude site construction costs. The above costs are based on a city index of 100. Each city carries a different index, for example: Shreveport, LA has an index of 83.1, which translates to a cost range of $104-$134 per SF for Independent Living; Chicago, IL has an index of 117.6, which translates to a cost range of $147-$189 per SF for Independent Living. These indices coupled with local market conditions are essential when comparing overall pricing.

+ Mid-Level: Generally wood-framed with standard amenities and finishes, typically targeting the moderate income senior

+ High-Level: Generally steel or concrete construction with high-end finishes and luxury amenities, typically targeting the higher income senior



The Weitz Company celebrates groundbreaking of Hacienda at the River retirement community

Hacienda on the River.AZ

The Weitz Company is pleased to announce the groundbreaking of Hacienda at the River, for Watermark Retirement Communities, Inc. and The Freshwater Group of Tucson. Weitz is serving as general contractor for the $21 million project.

“The Weitz Company was honored to be selected to build this progressive retirement community that will provide the best possible care for its residents,” said Chris Harrison, executive vice president and general manager – Phoenix office, The Weitz Company. “We look forward to working with Watermark Retirement Communities, The Freshwater Group and the many talented men and women who will apply their time and talents to complete this impressive facility.”

Once complete, the new community will feature a 74,000 square foot, two-story health care center offering short-term, long-term and hospice care. Hacienda at the River will include a 50 bed rehab unit, 12 long-term nursing care beds and 12 hospice beds. Also included are 69 residences, offering assisted living and memory care, spread over a village of 43,000 square feet of the single story homes. The property will also house a 1,600 square foot stable building for equine therapy available to the residents.

In addition, the campus will feature a commons space for events and classes and an equestrian building. Full site development of the 6.5-acre site located on East River Road in Tucson began in October 2015.

The Weitz Company is recognized by Building Design + Construction (BD+C) as a top healthcare construction firm in the United States.

Weitz Wisdom: Stay Safe. Stay Warm.

NWS Windchill Chart

Hypothermia occurs when the body’s temperature dips below 95 degrees. Warning signs include uncontrollable shivering, memory loss, disorientation, incoherence, slurred speech, drowsiness and obvious exhaustion, according to the National Weather Service.

Dressing properly is extremely important to protecting yourself against acclimate weather. OSHA and the Weitz Company recommend the following tips for staying safe:

  • Wear at least three layers of loose fitting clothing. Layering provides better insulation.
  • Wear a hat that will cover your ears. A hat helps keep your whole body warmer and reduces the amount of body heat that escapes from your head.
  • Insulated gloves (water resistant, if necessary) will protect your hands.

Staff on construction jobsites should also keep these safety tips in mind:

  • Monitor your physical condition and that of your coworkers
  • Stay dry in the cold because moisture of dampness can increase the rate of heat loss from the body
  • Keep extra clothing handy in case you get wet and need to change
  • Drink warm sweetened fluids
  • Use proper engineering controls, safe work practices and personal protective equipment

LCS and The Weitz Company Celebrate Grand Opening of Trillium Woods Retirement Community

The Weitz Company is pleased to announce the completion of the $161 million LifeCare® community Trillium Woods in Plymouth, Minn. The community was developed by LCS Development and is managed by Life Care Services, both LCS companies.

“The Weitz Company did an outstanding job for us on this project,” commented Kent Larson, EVP-Director of Development for LCS Development. “Their strong senior living experience was critical in their delivery of this high end project and it really shows in the quality workmanship throughout – all accomplished in a very busy construction market.”

Trillium Woods is a Life Plan Community located on approximately 46 acres. The approximately 500,000 square foot facility consists of a 50,000 square foot commons building, 58,000 square foot health center building, and three independent living buildings totaling 392,000 square feet.

The two level commons building includes a swimming pool, auditorium, spa, multiple dining rooms and numerous other amenities with high-end finishes throughout. The three level health center building contains 44 memory care and skilled nursing rooms, support areas, laundry and maintenance. The independent living buildings contain 195 apartments, each detailed with their own custom resident selections and underbuilding parking. In addition, there are 14 detached townhome residences in seven separate buildings. Each townhome residence has its own attached double garage.

In addition to serving as the construction manager for the project, Weitz also provided supply chain purchasing services for steel, windows, appliances, cabinets and specialty materials used during construction.

“We are very pleased with the Trillium Woods project and want to thank all of the team members for their outstanding efforts. The construction of the community was made possible through hundreds of individuals utilizing their unique talents to create a beautiful home for the residents of Trillium Woods. The happiness and excitement displayed by the community’s residents at the grand opening celebration was outstanding,” said Dave Rahe, Minnesota Project Executive, The Weitz Company. “Congratulations to Life Care Services on the opening of their latest Life Plan Community.”

Life Care Services serves as the community’s manager. The company manages more than 132 senior living communities to serve 34,000 residents nationwide.

 About The Weitz Company

The Weitz Company is a full-service general contractor, design-builder, construction manager and millwright specialist, with a concentration in the commercial, industrial and heavy industrial construction markets. Founded in 1855, Weitz is one of the oldest general contractors in the United States. The company recently expanded their Minnesota commercial presence via their Plymouth office and has offices nationwide to service clients across numerous industries.

About LCS®

LCS, a Des Moines, Iowa based company established in 1971, is providing both development and management services for Trillium Woods through two of its companies, LCS Development and Life Care Services. LCS Development is a full service developer of senior living communities and has successfully developed more than 45 Life Plan Communities similar to Trillium Woods throughout the United States. Life Care Services will manage the Trillium Woods community. Life Care Services currently serves 34,000 residents in 31 states and the District of Columbia. For more information on the LCS Family of Companies, visit

Weitz gives back this holiday season

MN Food Drive

The Weitz Company is committed to serving the communities in which our employees live and work. This holiday season, our Weitz Industrial and Commercial teams in Minneapolis, MN collected and donated money and 2,055 pounds of food to Second Harvest Heartland. The crew also completed an afternoon of service, helping to pack 19,205 pounds of food.

Thank you to our Commercial partners for your support: Axel H. Ohman, Crew 2, Dale Tile/MN Tile and Stone, Fehn Companies, Medina Electric, Midwest Asphalt, Minuti-Ogle Inc., R&J/Homeco Insulation, Schwieters Companies, Swanson & Youngdale, ThyssenKrupp Elevators, Veit USA and Thiele Technologies.