Local company plans to build 48-unit senior-living community in Lexington
A large senior-living community is on its way to the town of Lexington.
Lexington-based Connelly Builders Inc. and Connelly Development LLC plan to bring a 48-unit apartment complex to the area. Kevin Connelly, president of Connelly Builders and manager and sole member of Connelly Development, said the community will address the town’s growing senior population.
“The market study shows a tremendous need,” he said.
In total, the development will cover approximately 68,000 square feet with its primary entrance off of Northwood Road. Connelly said Intermark Management will oversee daily operations of the apartments for residents 55 and older once it’s completed.
The Connelly family of businesses previously built and developed senior living communities in Greer and Manning as well as North Carolina. Connelly said taking on a project in Lexington seemed ideal.
“We know it’s a good market, and it’s our home base,” he said.
The 48-unit community will be a $7.8 million investment into the area. Connelly said the firms have applied for financing and expect to begin construction on site in early 2015.
Members voted at the March town council meeting in Lexington to approve final reading of an ordinance to properly annex the land on Northwood Road for residential. A handful of residents who live nearby expressed concerns about the proposed development including the effect that stormwater runoff and 3-story buildings in the plan will have on their properties.
Connelly said the developers will handle runoff from the site per town and county regulations. He said the community will include some three-story buildings because of setback requirements — or the distance a structure can be built from the adjacent property line — from the town of Lexington that took away some of the usable square footage and pushed the design upward.
“The only mitigation for that is heavy landscaping and we do plan to do that,” he said.