Reid Temple’s senior living facility aims to provide “recreational and social opportunities, as well as a low maintenance lifestyle and enable independent seniors the ability to enjoy their golden years with other seniors.” The concept, “A Walk in the Woodlands,” is meant to create an inspiring community that embraces the wooded site, elevation changes, and golf course views while featuring craftsman style finishes among meandering paths and exquisite gardens. CJR led the process of planning and selecting the development team to design and finance the project. Working as the development manager on behalf of Reid Temple and Reid Community Development Corporation, CJR shepherded the project through the entitlements and approvals needed to successfully procure project funding and select the development partner. As with any project of this caliber, acquiring funds for construction and operation presents challenges. The budget was $39 million dollars, and CJR helped to secure these funds from a blend of different sources. Relying on partner Harold Johnson’s varied expertise, CJR was able to put together funding from county, state, and federal governments utilizing the financial and economic development tools available.
