Wit Ventures: senior care

Saturday, 29 April 2017

Sarnia's Bayside Mall: New Owners Plan 'Premier Downtown Destination'.

Zach Neal photos.

From Paul Morden, Sarnia Observer.

Oakville-based Seasons Retirement Communities has been identified as the new owner of Sarnia's Bayside Centre.

The company that owns and operates 18 retirement residences in Ontario and Alberta is named in a report from city solicitor Scott McEachran to members of city council.

An information package from Seasons Retirement Communities is attached to the report going to Monday's council meeting.

It says the company is planning a new 140 to 160-suite assisted living retirement residence as part of a master plan to be developed for the downtown site.

The company's acquisition of the mall property closed April 18, according to the information package.

“It is Season's intention to improve the Bayside Mall location, transforming it into the premier downtown destination for the citizens of Sarnia and Lambton County,” the package says.

Planning is expected to take a year, with construction of the residence beginning as early as 2018, it says.

Link to the rest here.

Additional coverage. (Blackburn News.)

Thank you for reading.

Tuesday, 21 March 2017

Developer Eyes Old Devine St. School Property.

Zach Neal.

From Tyler Kula, Sarnia Observer.

A long-empty former school building in the city’s south could be the site for a new $41-million dementia-care and independent seniors living residence.

Overture Investments Inc. spokesperson Francesco (Max) Chieffallo provided basics Monday to Sarnia city council on his private development company’s plan to transform 321 Devine St. – where the former Devine Street School has sat boarded up since 2010 – into a new facility offering state-of-the-art care for people with dementia.

Details were sparse, but, he said, the facility would be built in phases, with a likely five-floor, 80-to-140-bed dementia build first on the docket.

The project overall, he said, would include 138 full-time positions for nurses, personal support workers, administrators, food service workers and others, and would inject about $8.6 million into Sarnia’s economy via those jobs and trickle-down spending.

Plans are to provide more details, he said, after a formal application is made to city hall.

Link to the rest here.

Thank you for reading.

Shirley D. Neal

Shirley has over 30 years of experience in such diverse businesses as financial planning, manufacturing, and supply. Her education includes a B.A., B.ED., M.ED., C.F.P., N.L.P. and the home inspector’s course as well as having her AZ license for five years. Her family home has given her and her husband the opportunity to do extensive renovation and repairs thereby increasing the value about $100,000 in ten years. She has been able to see firsthand how much a sensible and cost efficient renovations can add to the value of a home. Shirley has chosen joint ventures because she thinks that her experiences an help others achieve their goals and maximize the profits for both parties. In 1979, Shirley became involved in a small group of women who started a metal manufacturing company making small deep drawn metal parts for the automobile companies in Windsor. They took the company from start up to over $400,000 in sales in five years. That was a lot of parts since the parts sold for only five cents per each. In 1985 they sold the company to one of their customers. Whether it was selling mutual funds, teaching foster parents how to recruit foster parents, or working for Tony Robbins, Shirley has put more than 100 percent into every endeavour she was involved in.