Ovation Development Corp. and its affiliate Heirloom by Ovation held a grand opening for Heirloom at Torrey Pines, a new affordable senior housing community at 6540 W. Arby Ave. The nearly $60 million project brings 190 units to the market, including 130 one-bedroom and 60 two-bedroom apartments ranging from about 661 to 898 square feet. The four-acre, single-building community is already close to 90 percent leased, though some one- and two-bedroom units remain available for immediate move-in.
Apartments are reserved for seniors earning 50 to 60 percent of the area median income. Funding came in part from Clark County Community Housing Funds and the Nevada Housing Division's Home Means Nevada Initiative. The Energy Star-certified building features high-efficiency heating and cooling, EnergyStar appliances, low-E windows, high R-value insulation, low- or no-VOC materials, formaldehyde-free particle board, low-flow fixtures and drought-tolerant landscaping.
On-site amenities include a movement studio and gym, resort-style pool, game room, hair salon, wellness room, community garden, dog park, extensive xeriscape landscaping, picnic tables and covered parking. Through a partnership with nonprofit Coordinated Living of Southern Nevada, Ovation provides residents with wraparound services such as transportation to medical appointments and shopping, health and wellness programs, food aid, and social outings and events.
Ovation Chairman and Founder Alan Molasky said collaboration is key to solving the need for more affordable housing and credited government and agency partners who share that passion. He said Heirloom at Torrey Pines continues the company's belief that everyone deserves a quality home that strengthens individuals, families and community, and that providing a beautiful, dignified place to live helps low- and fixed-income seniors thrive in their golden years.
The Las Vegas-based developer is one of Nevada's largest private developers of affordable senior housing and has completed 19 income- and rent-restricted communities totaling more than 2,985 affordable homes.
Sources: Las Vegas Review-Journal
Original reporting: Las Vegas Review-Journal →



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