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Fairway Knoll Senior Housing | Menomonee Falls, WI

OWNER IN CHARGE

Fairway Knoll - Development 1
Chris Sauve
Partner, Vice President
PROJECT DETAILS
  • 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

EXCEPTIONAL RESULTS

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.

OWNER IN CHARGE

Chris Sauve
Partner, Vice President

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