Tag Archives: Vi at Silverstone

A1 Project Data _ Layout

New to Market: The Lofts at Hayden Ferry

Project Name: The Lofts at Hayden Ferry

Developer: OliverMcMillan

General Contractor: Adolfson & Peterson Construction

Architect: Pappageorge Haymes Partners / Todd & Associates

Location & City (major crossroads/exact address): 260 Rio Salado Parkway, Tempe, Arizona

Size (SF): 497,000 SF

Value: $40M

Estimated start and completion dates (by month or quarter): June 2014 / December 2015

Project Description/Additional Information: Situated on a 3.69-acre site adjacent to Tempe Town Lake, the high visibility development consists of 264 Class A market-rate apartments in four stories of wood framed structure with two levels of parking below grade. The podium will be elevated approximately four feet above grade which will enhance the characteristics of its architecture in addition to lessening the potential of subterranean water issues due to the proximity of the project to the existing lake. The site is currently vacant and is part of the Hayden Ferry Lakeside Master Plan, near Arizona State University and the Mill Avenue Entertainment District. 

Vi_at_Silverstone

Vi marks 25 years as leader in senior living

Vi – the developer, owner and operator of older adult living communities – is celebrating its 25th anniversary in August. Today, Vi operates 10 continuing care retirement communities (CCRCs) nationwide, including Vi at Silverstone and Vi at Grayhawk in Scottsdale.

“We are extremely proud of the accomplishments we have achieved during the past 25 years,” said Randy Richardson, President of Vi. “In an era of uncertainty, our employees and residents can take pride in the fact we are a stable, national presence within the senior living industry, free from third-party debt in our CCRC communities and managed by a strong, long-tenured team.”

Vi was established in 1987 as Classic Residence by Hyatt.  The company changed its name to Vi in 2010.  The company was created by Penny Pritzker, whose family founded Hyatt Hotels, to leverage Hyatt’s hospitality expertise in the growing retirement living industry to better cater to the needs and lifestyle of discerning older adults.

Vi (pronounced vee) is the Latin root for the word “life.” It was chosen as the name for the company because it captures the positive opportunities to live a more engaging and fulfilling life as an older adult.

Vi’s ability to merge its hospitality heritage with quality senior living is what differentiates the brand from others. Visitors and residents can sense this commitment to quality and service from the moment they walk into one of Vi’s communities, according to Richardson.  “Hospitality is in our DNA; and every detail is meant to convey quality service, from the decor to our lifestyle and fitness programs and to our employees who’ve been specially trained in the art of making residents feel at home.”

In addition, Vi communities feature stylish dining venues that enable residents to eat well and dine in style. Menus offer a wide variety of options to suit residents’ nutritional needs and taste preferences. Meals are prepared by executive and pastry chefs who receive specialized training at The Culinary Institute of America.

As testament to Vi’s approach, a recent survey of independent living residents at Vi’s 10 CCRC communities finds them happy with their decision to live at Vi.  The survey, taken this spring, finds that 94 percent of Vi’s independent living residents who completed the survey are very satisfied or satisfied with the community.  Almost 95 percent say they would recommend their Vi community to family or friends.

Late last year, Vi commissioned a report by Ken Dychtwald Ph.D., renowned gerontologist, psychologist, best-selling author, and CEO of Age Wave that challenges the “prevailing myths and misperceptions” about CCRC living.  The report, “The Five Myths and Realities of Continuing Care Retirement Communities,” is available in its entirety at www.ViLiving.com.

Independent Living, Q&A with Vi at Silverstone

Transitioning A Parent To Independent Living, Care Facilities

Coming to terms with moving a parent into independent living, a care facility can be personal and enriching

The decision to move a parent from their residence into a retirement facility is not easy to come to terms with. However, at Vi at Silverstone, a resort-style living facility in Scottsdale, the change is made easier. Gail Rankin, executive director of Vi at Silverstone, discusses how the transition is both a personal, yet positive life decision.

Q: How does one know if his or her parents are in need of a facility?

A: Without community, we are targeted towards independent living. We offer an enriching lifestyle for older adults. They are making (the decision to move into a facility) for themselves, without all the emotions and trauma of someone who is looking for a nursing facility.

Q: What are the different options available?

A: We are a continuing care retirement community. We offer 25 different floor plans for independent living. We also have a care center on site, offer assisted living, a memory support unit for (people) with Alzheimer’s, and also a skilled nursing unit.

Q: What amenities should one look for in a facility?

A: I think that in our case, residents who choose this lifestyle really need to find a fit for them. They need to find a community that offers things that are important to them. We offer a full-time fitness instructor, gourmet dining, three dining venues, a bank on premises, salon and spa, housekeeping services, all maintenance. They enjoy a very enriching lifestyle. It is very much resort-style living.

Q: What are the costs for a parent to stay at your independent living facility?

A: They can start as low as $3,000 and range to $5,000 per month for independent living. This includes a meal a day, housekeeping, and maintenance. It’s a very worry-free lifestyle. (People) are able to enjoy their life without the burden of home ownership.

Q: What factors should be considered when making the final decision to move a parent into an adult care facility?

A: One of the benefits of making a decision for yourself is that you can find the best fit for you. We offer many opportunities for residents to make connections. It’s a very personal decision, but they need to do their homework. Most of the people that we see are very well informed. There’s the Arizona Department of Health Services, FAQs, and surveys of care venues to look at.

Q: Is there anything else that you would like to add?

A: The folks that come to us for independent living are looking for a life-care contract. They want to be in a community to enjoy the things that they’ve always enjoyed.

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Vi at Silverstone

23005 N. 74th St., Scottsdale
(888) 719-0942
www.viliving.com

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red-awards-2012

2011 RED Awards Winners & Honorable Mentions

On Feb. 22, AZRE hosted the 6th Annual, 2011 RED Awards reception at the Ritz-Carlton in Phoenix to recognize the most notable commercial real estate projects of 2010 and the construction teams involved. AZRE held an open call for nominations and more than 100 architects, contractors, developers and brokerage firms participated in the process. All the winning projects and brokers are featured on the following pages.

View pictures from the 2011 RED Awards.
View the 2011 RED Awards candid shots as well.

2011 winners can order Awards, Plaques & Reprints


The project categories include:

  • Office
  • Industrial
  • Medical
  • Mixed-Use
  • Most Challenging
  • Hospitality
  • Multi-Family
  • Retail
  • Sustainable
  • Redevelopment
  • Public
  • Education
  • Tenant Improvement
PLUS:

  • Developer of the Year
  • Architect of the Year
  • General Contractor of the Year
  • Broker/Broker Team of the Year

Congratulations to all the 2011 RED Awards Winners

Best Hospitality Project, Small:

Winner:

The Phoenician Ballroom Expansion

Best Hospitality Project, Large:

Winner:

Talking Stick Resort

Best Industrial Project:

Winner:

Keller Electrical

Honorable Mention:

Power-One (Phase I & II)

Best Medical Project:

Winner:

Diamond Children’s Medical Center at UMC

Honorable Mention:

Ryan House at St. Joseph’s Medical Center

Best Mixed-Use Project:

Winner:

CityScape

Honorable Mention:

Gila River Indian Community, District One Service Center

Most Challenging Project:

Winner:

Soleri Bridge & Plaza

Honorable Mention:

Maricopa County Security Building

Best Office Project:

Winner:

Chandler City Hall

Honorable Mention:

Mercy Medical Commons

Best Multi-Family Project:

Winner:

Vi at Silverstone

Honorable Mention:

Sagewood, Phase 1

Brokerage Team: Leasing

Winner:

Tom Adelson, Kevin Calihan

Jim Fijan, Jerry Roberts

CB Richard Ellis

Brokerage Team: Sales

Winner:

Tyler Anderson, Sean Cunningham

CB Richard Ellis

General Contractor of the Year:

Winner:

Sundt Construction

Best Retail Project:

Winner:

Mountain Ranch Marketplace

Honorable Mention:

Scottsdale Pavilions – Theater/Food Court Renovation

Most Sustainable Project:

Winner:

White Tank Branch Library & Nature Center

Honorable Mention:

CREST Specialty School

Best Redevelopment Project:

Winner:

Phoenix-Mesa Gateway Airport

West Terminal Expansion Phase I

Honorable Mention:

Cowley Companies Warehouse Office

Best Public Project:

Winner:

Musical Instrument Museum

Honorable Mention:

Randall McDaniel Sports Complex

Best Education Project:

Winner:

Sedona-Oak Creek

Red Rock High School

Performing Arts Center

Honorable Mention:

Mesa Community College Red Mountain Campus

Best Tenant Improvement Project:

Winner:

Lumberyard Tap Room

Honorable Mention:

Polsinelli Shughart

Special Merit:

Winner:

Schuff Perini Climber

Broker – Leasing:

Winner:

Andy Kroot

Velocity Retail Group

Broker – Sales:

Winner:

Eric J. Wichterman

Cassidy Turley BRE Commercial

Developer of the Year:

Winner:

RED Development

Architect of the Year:

Winner:

RSP Architects


Presented by:

APS Solutions Logo
Squire Sanders Logo
CBIZ Logo

AZRE Logo

 

Sponsored by:

D.P. Electric Logo
Weitz Logo
Clark Hill Logo

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Best Multi-Family Project 2011

Vi at Silverstone

Best Multi-Family Project 2011: Vi at Silverstone, The Plaza CompaniesDeveloper: The Plaza Companies
Contractor:
Summit Builders
Architect:
DAVIS
Size:
735,651 SF
Location:
23005 N. 74th St., Scottsdale
Completed:
March 2010

Vi at Silverstone is a new, continuing care retirement community on a 35-acre campus. It consists of a 4-story, 467,857 SF main lodge building with 203 independent living units, an underground parking structure, a 2-story care center with 60 units and 67 residential villas. Common areas include formal and casual dining rooms, a lounge, indoor and outdoor pools, gym facilities, a theater, and an 18-hole putting course. Vi was “fast-tracked,” with the first phase completed 3 months ahead of schedule and the second phase completed one month ahead of schedule. Traditional materials, classic architectural and attention to detail placement are components of the distinct styling of the community. Vi’s purpose is to provide older adults with a superior living environment.




Honorable Mention: Sagewood, Phase 1

Honorable Mention: Sagewood, Phase 1; LCS/Westminster Partnership IVDeveloper: LCS/Westminster Partnership IV
Contractor:
The Weitz Company
Architect:
Todd & Associates
Size:
878,559 SF
Location:
4555 E. Mayo Blvd., Phoenix
Completed:
November 2010