$54.6M East Northport assisted living project gets IDA help

[ad_1]

Sunrise Senior Living has received preliminary approval for economic incentives from the Suffolk County Industrial Development Agency for its planned assisted living project in East Northport. 

Sunrise of Northport LLC plans to build a 90-unit, 77,500-square-foot assisted living and memory care facility on a 6.1-acre site at 1381-1387 Pulaski Road. 

Once completed, the $54.6 million development is expected to generate 68 full-time positions with an average salary of $54,000 within the first two years as well as 150 construction jobs during the development phase of the project, according to an IDA statement. 

There are currently 412 assisted living or memory care units within a 5-mile radius of the East Northport site, while there are more than 9,000 individuals in the area that could benefit from the services to be provided by the proposed facility, the IDA said. 

“The IDA is pleased to support Sunrise of Northport and help provide a needed housing option with supportive services and care for Long Island’s senior population,” Tony Catapano, executive director of the Suffolk IDA, said in the statement. “This project will be a substantial help to those in our region who require specialized care units to maintain their quality of life, while also being a significant tax generator for the region by transforming this vacant piece of property.” 

Sunrise Senior Living began over 41 years ago with a single community developed in 1981. The company has since built and operates more than 273 communities throughout the United States and Canada, including 10 communities on Long Island. 

“The mission of Sunrise of Northport is to create a community in which we empower our residents to live a purposeful life, full of choices and flexibility,” Philip Kroskin, senior vice president of real estate at Sunrise of Northport, said in the statement. “Thanks to the IDA’s assistance, Sunrise will be able to offer a vibrant living alternative for seniors in need of assisted care or retirement living that’s free from household chores and maintenance responsibilities.” 



[ad_2]

Image and article originally from libn.com. Read the original article here.