Fairway Knoll Senior Housing | Menomonee Falls, WI
- Cost: $32,000,000
- 270,000 square foot, 150 unit new construction
- Three-story independent living and memory care facility
- Surrounding the exterior of the facility is one mile of private walking paths that wind through nine acres of landscaped property
- Two-story Town Center, bistro, market, library, club room/bar area, hearth room, movie theater, beauty shop, heated underground parking
- Formal dining center with private dining areas
- Assisted living dining center with a fireplace
- Fitness center with adjoining locker rooms
Services provided: Real Estate Brokerage and Consulting, Site Acquisition, Construction Management
This project was originally envisioned as a commercial retail component of a larger scale, mixed use project that included residential condominiums, single family homes, boutique retail and an existing golf course. After the great recession, the project was repositioned with a new investor group in response to market corrections. Using the existing Planned Development District zoning as a flexible platform, VJS led efforts to rescale the project, orchestrating a land exchange with the golf course to assemble a site to accommodate a 190-unit mini-continuum senior living facility along with the golf course and limited retail uses. VJS Development Group brokered the land sale and assisted with government approvals.
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