FAYETTEVILLE, Ga. — Caddis has broken ground on Heartis Fayetteville, a 168-unit independent living, assisted living and memory care community in Fayetteville, approximately 20 miles south of Atlanta.
The community will comprise three buildings totaling 157,029 square feet. The buildings will feature 80 independent living units, 56 assisted living apartments and 32 memory care units. Caddis expects to open the community in late 2017.
This is the first entry into Georgia for Caddis, a healthcare real estate firm based in Dallas, though the company is also planning another Heartis-branded community in nearby Suwanee.
Portland, Ore.-based Frontier Management will operate the community once it is opened. Chicago-based investment firm Singerman Real Estate is a joint venture development partner on the project. The Atlanta office of Choate Construction will be general contractor.