Groundbreaking on Senior Living Project in Broomfield, Colorado

The Opus Group (Opus) and Cadence Living today announced the start of construction on Cadence Broomfield, a three-story, 165-unit senior living development in Broomfield, Colorado. The senior living community, which is scheduled to open in late spring 2024, will provide a continuum of housing and care choices, including independent living, assisted living and memory care. The project is a joint venture between Opus, Cadence Living, and Eagle Realty Group. Cadence Living, which currently operates four senior communities in Colorado, will operate and manage the Broomfield community. A groundbreaking ceremony for the property was held today.

"Broomfield is a dynamic location perfect for residents to engage in the many amenities this area has to offer," said Brett Hopper, vice president of real estate development at Opus. "We are proud to bring this development to the City of Broomfield."

“This new development will offer seniors in the Denver area a vibrant community in a beautiful new building with a wide array of services," said Cadence Living principal Rob Leinbach. “Cadence Broomfield looks forward to being an integral part of this community."

The senior living community is located at 4275 West 121st Avenue in the City of Broomfield, a growing area located midway between Denver and Boulder. The location, which is adjacent to Bradburn Village, provides easy access to transportation, retail, healthcare and trail systems. The four-wing building will feature a mix of studio, one bedroom and two bedroom apartments. The memory care area will include 20 units in a one-story wing with a neighborhood design, including a separate entrance.

The building's exterior will be a mix of metal, panel and stucco, with large windows. The overall design and roof pitches will match the panoramic slopes of the Front Range. Cadence Broomfield's interior design will include high-end finishes with a modern and contemporary aesthetic. The project includes a two-story main lobby, mailroom, salon, a café bistro, dining room, private dining room, clubroom, activity room, fitness center, movie theater, library, game area, arts and crafts room and wellness center. Outdoor amenities include an outdoor patio, fire pit with seating area, grilling station and therapy garden.

Opus is the developer, design-builder, architect and structural engineer of record. The interior designer is Thoma-Holec Design.

About Cadence Living
Cadence Living develops, owns and/or operates modern aging communities throughout the United States. What sets Cadence apart is the company's devoted approach to creating healthy, vibrant communities that offer residents exceptional independent living, assisted living and memory care lifestyle options. The name “Cadence" underlines the company's personal philosophy that each community should aspire, create and respond to life's natural rhythms to enliven and enrich the experience of residents so each resident can live Life in the Key of Beautiful®. For more information on Cadence Living, visit www.CadenceSL.com.

About Eagle Realty Group
Eagle Realty Group, a member of Western & Southern Financial Group, is a real estate capital provider and asset management company based in Cincinnati, Ohio. Eagle oversees a diverse real estate debt and equity portfolio on behalf of the member companies of Western & Southern.

The company's financial products include equity joint ventures and mortgage loans for institutional-quality assets ranging from $5 million to $75 million. Property types vary by portfolio and include office, medical office, multifamily, senior housing, retail, warehouse, industrial and hospitality. As of June 30, 2021, Eagle Realty Group oversees portfolios consisting of 97 equity investments, 242 mortgage loans, 15.5 million square feet of various types of real estate investments throughout the United States and total assets under management valued in excess of $4 billion.

About The Opus Group
The Opus Group® is a family of commercial real estate development, construction and design companies headquartered in Minneapolis with offices and projects across the country. Opus operates as an integrated, multidisciplinary team with expertise in development, capital markets and finance; project management and construction; and architecture and engineering. The Opus Group includes Opus Holding, L.L.C. and its operating subsidiaries: Opus Development Company, L.L.C., Opus Design Build, L.L.C. and Opus AE Group, L.L.C. Specializing in industrial, office, residential, retail and institutional projects, Opus has broad capabilities, deep experience and a proven design-build model that delivers solutions for customers on time and on budget. For more information, visit www.opus-group.com and follow The Opus Group on LinkedIn and Instagram.

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