New life breathed into Okotoks project
Anational operator of retirement residences has purchased a partially finished development in Okotoks and plans to complete the project.
Revera — which owns and operates 95 retirement residences across Canada, including seven in Alberta — has added the Heartland Retirement Residence to its list.
Located at 47 Riverside Gate near downtown Okotoks, the residence will be completed by Revera Inc. by next February, with possessions beginning the following month.
The name has been changed from Serenity Manor.
“It’s a sophisticated, rural Alberta style of building,” says Eric Ommundsen, Alberta region director of marketing for Revera. “It has a feel that will make folks moving in from ranches comfortable.”
The four-storey building, which will be aimed at inde- pendent retirees, will have 129 suites consisting of studios as well as one-and two-bedroom units. The fourth floor will have fully self-contained apartments.
“A number of our staff live in the area and have been impressed by Okotoks’ friendly atmosphere, so when the opportunity to purchase the residence presented itself, we knew it would be a great fit for Revera,” says Michael Harris, Revera’s Alberta director. He will be overseeing the development of services and amenities for the residence.
When Revera bought the project, about 75 per cent of the exterior work had been completed. The focus will now switch to finishing the individual suites and common areas.
To bring itself closer to the town’s residents, Revera will be asking people to share their vision for the development and encouraging them to learn more about plans for the property.