Koelsch Communities Completes $17M Memory Care Community in Edmonds, Washington
EDMONDS, WASH. — Koelsch Communities has completed Cedar Creek Memory Care Community, a 60-unit memory care community in the Seattle suburb of Edmonds.
Project costs were just over $17 million. Wells Fargo provided $13 million in financing, and the remainder came from private investors.
Cedar Creek was designed with what Koelsch calls “historical surprises.” The community features several rooms designed to look like the 1950s, including a Julia Child-style kitchen, a garage featuring a classic car and a great room designed to look like the interior of a traditional log cabin.
More than 50 percent of the rooms were reserved prior to the opening of Cedar Creek.
Koelsch Communities operates 29 seniors housing properties in eight states, with nine new communities in development.