News: Owners Developers & Managers

Northbridge Co. completes first phase of Stafford Hill Asst. Living

The Northbridge Companies, celebrated the opening of Stafford Hill Assisted Living, an 85 apartment assisted living and memory care community for seniors. The community opened on November 5th, at 55% reserved. Located at 60 Stafford St., Stafford Hill is the first assisted living community to open on the South Shore in at least 7 years. Taking advantage of the latest technology and design considerations, the physical and operational makeup of the community was derived from Northbridge's SeniorGreen Program, environmentally sound initiatives such as energy and water conservation, recycling, and utilization of renewable resources. Northbridge has also instituted The S.T.A.R. Program (Sharp Thinking Active Residents), a comprehensive activity program for residents and well as The Brain Gym, a suite of innovative software and behavioral programs to enhance cognitive well-being of the residents. "Our market research has shown that Stafford Hill is viewed as the next generation of assisted living by professionals and caregivers on the South Shore", said Wendy Nowokunski, partner at The Northbridge Co. "Our building and programmatic design is not just new, it's unmatched in the marketplace which translates to value in quality of life for seniors and their families. We are very proud to bring Stafford Hill to the South Shore." Stafford Hill Assisted Living is the first of a two-phase senior living campus which the Northbridge Companies is developing. The second phase, set to begin construction in early 2008 is The Residences at Stafford Hill, an independent living building of 48 apartments located adjacent to the assisted living building. The campus will serve as a residential setting for seniors offering a full continuum of care.
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Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
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