PLAINFIELD, IN (November 14, 2023) – NCD Partners is proud to announce that Avenue Partners Development, LLC, an affiliate of Avenue Development LLC, in partnership with Randall Residence, LLC, is building senior housing at Hobbs Station, a mixed-use development in the heart of Plainfield, which will bring much-needed, Class-A, and viable options to the area.
The need for senior housing has become increasingly important as the baby boomer generation seeks high-quality housing in a vibrant master planned community that offers a wide range of amenities and services.
Randall Residence at Hobbs Station will be located within the 125-acre mixed-use development, which will also include residential, commercial, and recreational spaces. The senior housing development will feature a variety of floor plans to accommodate different lifestyles and needs, as well as amenities such as fitness centers, community rooms, and outdoor spaces for socializing and relaxation.
“We are thrilled that Avenue and Randall Residence plan to bring affordable senior housing to Hobbs Station,” said Isaac Bamgbose, Founder of New City Development. “Our mission is to create a community that serves the needs of all residents, and we believe that providing quality housing for seniors is integral in achieving that. With Avenue’s and Randall’s expertise in developing and managing senior housing, we are confident that they will be able to provide a comfortable and welcoming home for seniors in our community.”
Avenue is a leading developer of affordable housing for seniors, with a proven track record of success in creating vibrant, supportive communities for seniors across the country. The company is committed to providing quality housing and services that promote independence, dignity, and well-being for seniors.
“Our goal is to create a community that not only provides a comfortable and safe place to live but also fosters social interaction and engagement,” said Mike Mattingly, Principal and Co-founder of Avenue. “Consistent with NCD Partners’ vision for Hobbs Station, we hope to bring forward a beautiful senior housing community that promotes a sense of belonging and purpose for our residents there.”
Construction on the senior housing development has already begun, with completion anticipated for Fall 2024. Hobbs Station, Avenue and Randall are committed to keeping the community informed about the progress of the development and will provide updates as they become available.
At full build-out, Hobbs Station will include up to 240 single-family homes, 650 multi-family residences, 90 senior housing residences, 70,000 square feet of commercial space, 500,000 square feet of logistics space and 200,000 square feet of office space. Parts of Hobbs Station will begin opening in 2024. For more information about Hobbs Station and the new senior housing development, please visit www.hobbsstation.com.