A new senior living facility has broken ground in Ahwatukee Foothills.
Mountain Park Senior Living, 4475 E. Knox Road, is scheduled to open in February 2012 and will offer three types of services: independent living, assisted living and memory care services.
The plan to break ground had been in development for several years and fell through two years ago during the stock market crash in 2008, according to Jim Parker, vice president of finance and acquisitions of Spectrum Retirement, which has 22 facilities across the United States.
But a few months ago, the deal for the land, which is across the street from Mountain Pointe High School, was back on the table.
"Some of the stars still lined up," Parker said. "You take a bit of a roll of a dice with the economy the way it is. We believe that there will be a need for these services."
The facility will be identical to the Palos Verdes Senior Living in Peoria. There will be 131 units and the monthly fee includes meals and transportation.
"I think what sets us apart is that we have no buy-in fee so if you chose to move in, you don't have to put down a large buy-in fee like a lot of others," spokeswoman Kathleen Macdonald said. "And we offer a lot of different amenities."
For more information, visit www.MountainParkSeniorLiving.com.