Kisco Senior Living and Welltower Announces Break Ground on the Carnegie At Washingtonian Center in Gaithersburg, Md
October 26, 2021 at 12:34 pm EDT
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Kisco Senior Living and joint venture partner Welltower announced the groundbreaking of The Carnegie at Washingtonian Center, a unique concept for senior living in the heart of Gaithersburg. The seven-story complex will offer spacious 302 one- and two-bedroom floorplans for independent living, assisted living and memory care residences. Situated on 8.5 acres beside RIO Lakefront at Washingtonian Center, The Carnegie is set to welcome residents in the spring of 2024. The Carnegie at Washingtonian Center will feature premium amenities including chef-prepared meals in a choice of multiple indoor and al fresco dining venues; an indoor heated, salt-water pool; state-of-the art fitness center; wellness spa; yoga studio; and access to health care on site. Additional lifestyle amenities include a lecture hall for ongoing local educational programming; computer learning center; curated art gallery; cooking demonstration kitchen; and an outdoor landscaped park with a trail leading to Malcolm King Park. In partnership with Welltower, Kisco plans to open a Discovery Center at Downtown Crown in spring 2022 to showcase the selection of floorplans and elegant interior design of The Carnegie at Washingtonian Center. The floorplan options will range in size from one bedroom, one bath (837 square feet) to two bedrooms, two baths with a den (1,487 square feet) and a club level living option that includes concierge and valet services.
Welltower Inc. is a real estate investment trust (REIT). The Company owns interests in properties concentrated in markets in the United States, Canada, and the United Kingdom (U.K.), consisting of seniors housing and post-acute communities and outpatient medical properties. The Companyâs segments include Seniors Housing Operating, Triple-net and Outpatient Medical. The Seniors Housing Operating segment properties include senior apartments, assisted living, independent living/continuing care retirement communities, independent supportive living communities (Canada), care homes with and without nursing (U.K.), and combinations. The Triple-net segment invests in seniors housing and health care real estate through the acquisition and financing of primarily single tenant properties. Properties acquired are primarily leased under triple-net leases. The Companyâs Outpatient Medical segment properties are leased to multiple tenants.
WELLTOWER INC. 
