A Chicago real estate investment firm is planning to build an 11-story senior housing development at the Village of Valley Forge, King of Prussia.
CA Ventures wants it new building to have 100 independent-living units, 60 assisted-living units and 32 memory-care units, as well as a four-story garage, writes Natalie Kostelni at bizjournals.com.
The project will be developed along Guthrie Road on land that originally designated for an office building under Realen Properties’ master plan for the Village at Valley Forge.
If completed, it will reduce the number of parcels available for development at the 123-acres Village to three.
Though the number of parcels is on the wane at the Village at Valley Forge, there is a lot of development activity underway including several projects under construction.
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