GLENDALE, Ariz. — Multifamily developer P.B. Bell is returning to the seniors housing industry with the development of Inspira Arrowhead, a 165-unit community in the Phoenix suburb of Glendale.
The property will be located within the 75-acre Aspera mixed-use development. It will feature 123 units split between independent living and assisted living, as well as 42 memory care units.
Inspira Arrowhead will complement the 286-unit Velaire at Aspera, P.B. Bell’s luxury multifamily community also located within Aspera.
“We felt like the time was right for P.B. Bell to begin serving the senior market again,” says R. Chapin Bell, P.B. Bell CEO. “With Velaire at the north end of the property and Inspira to the south, the Aspera community represents a great opportunity for inclusive, multigenerational living.”
P.B. Bell is partnering on the project with Cadence Senior Living, a Scottsdale-based seniors housing development and management company.
Floor plans range in size from a 367-square-foot studio in the memory care area to a 1,076-square-foot, two-bedroom residence in the independent living area.
Inspira at Arrowhead is slated for completion in January 2019 with reservations scheduled to begin in mid-2018.