Case Study Smith’s Mill Health Campus
Smith’s Mill Health Campus
Smith’s Mill Health Campus is the perfect location for providing strategic post-acute rehabilitation adjacent to Mount Carmel New Albany, affiliated with one of central Ohio’s largest health systems, in combination with the idyllic suburban setting of New Albany for senior living that is truly home.
Avenue specializes in procuring certificate-of-need (CON) licenses and other entitlements in high barrier to entry markets. Trilogy and Avenue collaborated to expand the respected operator in their growing central Ohio presence, by sourcing fifty off-market CON beds in Franklin County to allow for a skilled nursing component to the new development. Avenue directed the regulatory process for transferring the bed licenses with the state, and provided turn-key development, financing and construction activities for the new 113-bed senior housing community. Now named Smith’s Mill Health Campus, Trilogy continues to provide family centered living opportunities across the care continuum including independent living, assisted living, memory care and post-acute rehabilitation.
Smith’s Mill Health Campus is strategically located in New Albany’s healthcare corridor across from a specialty surgical hospital, Mount Carmel New Albany, allowing for cohesive progression for patients needing extended care or rehabilitation between the acute care and post-acute settings. This turn-key development in the Trilogy portfolio opened to residents in December 2019.
|Lot Size (Acre)||8.4|
|Square Feet (GSF)||83,377|
|Units (SN / AL / MC / IL)||50 / 26 / 15 / 22|
|Total Beds||113 (50 CON)|
|Parking Space||102 (7 ADA)|
|Occupancy / Build||I-2 & I-1 / Type V-A|
|Licensed Use (OH CON)||Long-Term Care|
Trilogy Health Services
Trilogy Health Services is a Louisville, Kentucky based provider of senior healthcare and hospitality services. Founded in 1997, Trilogy has grown to encompass over 115 senior living communities throughout Kentucky, Indiana, Ohio and Michigan. Trilogy’s operations also extend to affiliated PCA Pharmacy with four locations, and a rehabilitative services company, Paragon Rehabilitation. Trilogy employs over 15,000 associates across all business lines and is consistently awarded high accolades as a best place to work employer. Trilogy’s culture is centered on the happiness of its team, and the Trilogy Foundation embodies this supporting staff, residents and local communities.
Smith’s Mill Health Campus is in the picturesque master-planned community of New Albany, Ohio. Location in the healthcare corridor of the Columbus suburb, the campus is directly across the street from one of central Ohio’s largest health systems, Mount Carmel, as well as a highly respected regional orthopedic surgical provider. The building is also in close proximity to Mount Carmel’s Saint Ann and East campuses.
A Long History
The Principals and Leadership of Avenue Development have been working in partnership with Trilogy Health Services, over the past 10 years, developing and constructing 19 properties for the company totalling 1.25M square feet and surpassing $250M in value throughout the Midwest markets. Avenue is excited to continue their partnership with Trilogy and support for their Foundation.