January 22, 2020
LONDON, ONTARIO–Revera, a leading owner, operator, developer and investor in the senior living sector, announced today that construction is now underway on the redevelopment of Elmwood Place Long Term Care home. This marks the company’s first long term care redevelopment project to break ground in Ontario. The news was shared at a symbolic groundbreaking celebration with residents, employees and local dignitaries at the current Elmwood Place today.
“Revera is proud to be working alongside the Ministry of Long-Term Care in redeveloping Elmwood Place, and all of our 32 older long term care homes, to help meet the increasingly complex needs of current and future generations of seniors,” said Thomas G. Wellner, President and CEO of Revera. “We’re delighted to be building a bright, spacious, modernized environment for Elmwood Place, where there is such a great spirit of community and a long track record of care and service to seniors.”
The new Elmwood Place will be built at 3400 Morgan Avenue, close to the current location, and is scheduled to open in 2021. With 50 additional bed licenses allocated by the Ministry of Long-Term Care, the new home will accommodate 128 residents with 60 per cent private rooms. It is being built to the latest design standards, with more natural light, wider hallways, better airflow and temperature control, and more space for amenities. In addition to approximately 200 short-term construction jobs, once the new home opens it is expected to employ more than 130 people including current Elmwood Place staff and new hires.
“I want to thank Revera for their continued partnership with our government as we work together towards our shared goal of increasing capacity and ensuring high-quality care for all residents,” said Dr. Merrilee Fullerton, Minister of Long-Term Care. “The new and expanded Elmwood Place will help to ease pressure on hospitals and will become a vibrant and integral part of the London community.”
“I am thankful for Revera’s continued commitment to London, along with its continued commitment to Elmwood residents,” said London Mayor Ed Holder. “The renovations being announced today will go a long way towards providing increased amenities, greater comfort, and more space to those who call Elmwood home—both today, and into the future. All of us owe a great debt to our seniors population. Investments such as this go a long way towards ensuring this latest chapter of their lives is one that is truly memorable and enjoyable.”
Revera is a leading Canadian-owned and -headquartered owner, operator, developer and investor in the senior living sector. Through its portfolio of partnerships, Revera owns or operates more than 500 properties across Canada, the United States and the United Kingdom, serving more than 55,000 seniors. The company offers seniors’ apartments, independent living, assisted living, memory care, and long term care. With approximately 50,000 employees dedicated to providing exceptional care and service, Revera is helping seniors live life to the fullest. Through Age is More, Revera is committed to challenging ageism, the company’s social cause of choice.