(Disclosure: Rose Law Group represents Empire Group.)
By Corina Vanek | Arizona Republic
Most apartments built recently in Old Town Scottsdale were made to cater to younger adults, but one Valley developer is trying something different: senior living.
“This is one of the first, what I’ll call urban, walkable, 55-plus retirement communities,” Randy Grudzinski, head of capital markets for Scottsdale-based Empire Group, said. “There are other really nice, 55-plus active adult and assisted living communities, but they’re all really a drive. This is a walkable, urban environment for someone who wants to live in Old Town.”
Empire Group is planning to redevelop a site at Scottsdale and Osborn roads into an age-restricted apartment complex that will include independent, or active adult, options, assisted living and a small portion of memory care units. An Olive Garden restaurant is currently on the site, but that is scheduled to close at the end of this year and development for the new project will start in the beginning of 2024, Grudzinski said.
