DESCRIPTION
Westwinds High Country Retirement Residence will offer affordable retirement living for low- and modest-income seniors in the Foothills region. The residence features Westwind's exceptional all-inclusive hospitality services, providing seniors, and adults 45+ with disabilities, a safe, dignified, and supportive environment with beautiful views of the Rocky Mountains to the west. When fully developed, the site will form a true aging-in-place community, complementing the adjacent hospital and long-term care centre. Future phases will include assisted living services and townhomes to support residents as their needs change. The project includes a 50-unit affordable retirement residence, comprising 41 studio suites and 9 one-bedroom suites, along with a full array of amenities such as a dining room, lounges, social room, library, media room, scooter storage, and workshop. The residence is ideally situated on the ridge in Diamond Valley, offering both comfort and community connection.
DETAILS
Property Id
Phase
Pre-Development
Affordability Framework
Proposed rental rates are 60-70% of market rent of private retirement residences allowing basic pensioners the ability to easily afford to reside in Westwinds retirement living. Rental rates would be based on 73% of a single seniors income (includes hospitality package) and 63% of a couples income (included hospitality package). Rental rates, including accomodation, meals, housekeeping and non medical monitoring start at $1550 per month.
Target Completion Date
12-31-2029
Total Project Cost
$25,000,000.00
Total Units
50
Affordable Units
50
Populations Served
Seniors
Project Funding
Funding Required
Capital funding of $5M to cover 20% of capital costs.
Funds Raised
Westwinds $2.5M
Use of funds
Funds will be used for capital development.
MAP
