SalemNews.com, Salem, MA

Local News

July 24, 2013

Construction begins on senior housing

Ipswich: Building to have 75 units

The land at 149 County Road has been vacant since the late 1970s, when the well-known Marguery Restaurant was destroyed by fire.

But soon, a 75-unit independent, assisted-living and memory-care apartment building will be built. The site has been cleared, and the foundation is ready to be poured, said Ted Doyle, director of marketing for LCB Senior Living, which will own and operate the facility.

The development, named The Residence at Riverbend, is being built by Peabody-based Congress Companies. An official groundbreaking ceremony was scheduled to take place this morning.

When finished, the project will bring 70 jobs and about $220,000 in real estate taxes, Doyle said. The building is expected to open in the fall of next year.

There will be studio, one-bedroom and two-bedroom units, many with an efficiency kitchen. Eight apartments, 10 percent of the project, will be designated as affordable, Doyle said.

“We’ve been looking in that area for quite some time,” Doyle said. “Ipswich is underserved when it comes to assisted living and senior housing in general.”

He said Ipswich offers a number of amenities, including an active downtown, spiritual life and natural beauty for its future residents. On site, there will be a restaurant-style dining room, cafe, exercise room, outdoor patio, and a barber and beauty salon.

The Residence at Riverbend will be on the former Riverbend Estate, which was owned by the Barnard family in the early to mid-20th century and was home to magnificent gardens along the Ipswich River. Later, it became the Marguery Restaurant from 1945 to the late 1970s, when it was destroyed by fire, Doyle said.

“This site has been empty since,” he said.

The developers have conveyed 3 acres of the 15.5-acre site to the town and the Ipswich River Watershed Association as conservation land along the riverfront. An easement has been granted for public access to the river from County Road.

Text Only | Photo Reprints
Local News

AP Video
U.S. Paratroopers in Poland, Amid Ukraine Crisis US Reviews Clemency for Certain Inmates Raw: Violence Erupts in Rio Near Olympic Venue Raw: Deadly Bombing in Egypt Raw: What's Inside a Commercial Jet Wheel Well Raw: Obama Arrives in Japan for State Visit Raw: Anti-Obama Activists Fight Manila Police Motels Near Disney Fighting Homeless Problem Michigan Man Sees Thanks to 'bionic Eye' Obama to Oso: We'll Be Here As Long As It Takes Bon Jovi Helps Open Low-income Housing in Philly S.C. Man Apologizes for Naked Walk in Wal-Mart New Country Music Hall of Fame Inductees Named 'Piles' of Bodies in South Sudan Slaughter SCOTUS Hears Tv-over-Internet Case Chief Mate: Crew Told to Escape After Passengers
Comments Tracker