Senior Lifestyle Corp. Breaks Ground on 100-Unit Community in Park Ridge, Illinois

by Jeff Shaw

PARK RIDGE, Ill. — Senior Lifestyle Corp. has started construction of The Sheridan at Park Ridge, a 100-unit assisted living and memory care community in the Chicago suburb of Park Ridge.

The 99,000-square-foot community will sit on approximately 1.74 acres and feature 64 assisted living apartments and 36 memory care units.

Co-developed by owner-operator Senior Lifestyle Corp. and real estate investment firm Kaufman Jacobs, the community is scheduled to open in late 2018.

Senior Lifestyle Corp.’s portfolio includes over 181 communities in 27 states. Kaufman Jacobs invests in healthcare, office and industrial assets throughout the United States. 

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