IE Business Daily Business news for the Inland Empire.
A company that builds resort communities for seniors is developing a 75,000-square-foot project in Upland.
Oakmont of San Antonio Heights is under construction on 3.2 acres at Euclid Avenue and 24th Street, near San Antonio Community Hospital and the Colonies Crossroads Shopping Center, according to a statement.
Santa Rosa-based Oakmont Senior Living broke ground on the two-story project last November and expects to finish it this summer. It will consist of 56 assisted-living and 24 memory-care studio, one-bedroom and two-bedroom apartments.
Amenities will include gourmet dining, daily recreational activities, a library, movie theater, fitness center, walking paths and a day spa, according to the statement.
When it’s finished, Oakmont of San Antonio Heights will fill a major need in the Inland Empire: more than 480,000 people 65 years and older live in the two-county region, many of which need various levels of assisted living care, according to a 2012 survey by the U.S. Census Bureau.
The facility will specialize in treating people with memory loss and will cater to people with Alzheimer’s and other forms of dementia, including early memory loss, according to the statement.
Development of senior housing in the United States is on the rise. Enough of those facilities were under construction last year to accommodate more than 31,400 housing units and beds last year, a 24 percent increase compared with 2012, according to a joint study by the National Investment Center for the Senior Housing & Care Industry and the American Seniors Housing Association.
Oakmont Senior Living was founded in 1997. Oakmont of San Antonio Heights is the sixth retirement community the company has developed in Southern California and one of 30 it has built in the western United States, according to the report.
