The nearly 80 people who attended the NAIOP Rio Rancho Roundtable Thursday at Rust Medical Center received an inside look at the Neighborhood in Rio Rancho, a life-care community coming soon from La Vida Llena.
Dave Walbright, sales and marketing director for La Vida Llena, said the project, which should break ground in September, will provide comprehensive services to residents who pay an entrance fee and, as they are able, the monthly service fee.
The services, available for the resident’s lifetime, will include housekeeping, all utilities, transportation, landscaping and maintenance, a flexible dining program, 24-hour safety patrol, assigned covered parking, a pool, fitness center, medical care and a storage locker, according to a brochure distributed at the meeting.
Presentations from Bradbury Stamm Construction Company and The Hartman & Majewski Design Group NM provided additional details and views of the community, which will sit on 12 acres at the southeast corner of Loma Colorado and Northern Boulevard.
The entrance fee starts at $160,000 and depends on which of the eight apartment sizes someone selects and how residents will live in their unit, Walbright said.
Interested individuals should make an appointment with the information center that La Vida Llena opened in February near NM 528 and Ridgecrest Drive. About a third of the couple hundred units have already been reserved, Walbright said.
La Vida Llena, which has provided Albuquerque with retirement communities for over 30 years, has a new parent company, Haverland Carter Lifestyle Group.
In other business, Rio Rancho City Councilor Chuck Wilkins discussed amendments to the municipal zoning ordinance and upcoming changes to area plans.
Steve Perich of Dekker/Perich/Sabatini Inc. and Jeff McBee, administrator at Presbyterian Rust Medical Center, discussed the history of Rust and the construction of a new six-story tower that will start this summer. Jane Midgley, development director at Rust, discussed how donations are making possible expansion and innovation at the hospital.
Sandoval County Commissioner Don Chapman previewed some of the county’s strategy for economic development and said Mark Lautman, consultant for the county, would attend the next meeting.
Jeanie Springer-Knight, partner of Springer5 Investments, said Matt Geisel, the business relations and Convention and Visitors Bureau manager for Rio Rancho, will speak next month.
She said she hopes to hear more about an economic development engine in Sandoval County.