Glenaire in Cary has announced plans to expand its campus with its first major building project in years.
J.D. Beam Inc. of Raleigh is the general contractor.
The company is planning to build a new three-story apartment building, adding another 12 units to the community’s current capacity of 212 independent living units and cottages. Glenaire also offers 49 assisted living apartments and 71 skilled nursing rooms.
The new apartment building represents an investment of about $5.6 million, says Paul Gregg, its executive director. Glenaire is owned by the nonprofit Presbyterian Homes Inc. Gregg also estimates that Glenaire has spent about $40.5 million in capital improvements to the campus since it opened in 1993.
Gregg says the project is expected to break ground in September and will take about 14 months to complete.