The Powder Springs Development Authority issued a $36,975,000 bond recently for a new step-up senior living and memory care facility. The authority issued the bond to Powder Springs Senior Living, LLC with Phillip Searles as the company president. This development will consist of two buildings - each a little more than 80,000 square feet for a total of 161,000 square feet.
One of the buildings will be a 90-unit, 103-bed assisted-living and memory-care facility. The second building will be a 64-unit independent or supportive-living facility. This project is next to the Silver Comet Trail near U.S. Highway 278 and Richard D. Sailors Parkway.
The project will break ground this summer with an estimated completion time of 18 months.
Powder Springs Economic Development Director Stephanie Aylworth said this project will generate not only construction jobs but also more than 70 full-time health care and management jobs.
Information: EconomicDevelopment@CityOfPowderSprings.org, ComeToPowderSprings.org.
