Lumia Mequon senior living community starts construction in Mequon
68-unit community to open in 2023
MEQUON, WISCONSIN (May 3, 2022) – Matter Development and Three Leaf Partners announced today that they will open another Wisconsin senior living community called Lumia Mequon, in partnership with local operator Koru Health. Construction has already started on the one and two-story community situated on 4.8-acres at 11900 N Port Washington Road in Mequon. The community will feature 68-units for seniors, including assisted living, memory care, and a unique specialty care suite.
Building upon decades of combined excellence in the senior living industry, the three companies formed a joint venture to develop new senior living in areas with unmet need, starting with communities in southeast Wisconsin. The partnership also has senior communities in suburbs around Minneapolis.
“Mequon seniors want boutique-level quality with the highest supportive care in a dignified and elevated setting, and their adult children feel strongly about locations closely linked to their daily lives and routines, so this is an important project that meets the market,” says Matter Development CEO Aaron Matter. “We’re a Wisconsin firm with proud local roots, and we try to be very discerning, building only in communities where we think we can make a big impact. So, given the opportunity to acquire this site in the heart of Mequon and develop a premier community for seniors, it’s a perfect fit.”
“We’re excited to further our relationship and partnership with Matter Development and Koru Health through this outstanding senior development in Mequon,” added John T. Ford, President of Three Leaf Partners. “Our focus is on delivering quality real estate development projects for our investors that also make a difference in our community. This project accomplishes both of those objectives.”
Andy Lange, President of Koru Health, adds, “Our approach to this team’s first development, Evin at Oconomowoc, proved to be very desirable to seniors and their adult children and we want to continue that approach here in Mequon. Mequon welcomed this project with open arms, and we look forward to building a presence here as both a community of choice for seniors, and an employer of choice. Our tagline for Lumia is ‘Illuminating Senior Living’ which is a representation of our mission to make seniors feel welcome, actively engaged, and illuminated.”
In addition to its prominent location along the N. Port Washington Road corridor just north of Mequon Road, Lumia Mequon will offer a wide variety of the highest quality amenities, including: secure landscaped grounds with walking paths and courtyards, a bocce court, state-of-the-art pizza oven, “The Canopy” Club Room, and other social and recreational activities. Special services include a dining program, nurse-supervised staff, assistance with personal activities, and higher levels of specialized care.
A ground-turning celebration will be held in June at the site. The project is financed in part by the Brookfield, Wis. office of First Business Bank. The architect for the project is Milwaukee, Wis.-based Plunkett Raysich Architects, and the general contractor is Catalyst Construction, headquartered in Milwaukee, WI.
About Matter Development
Matter Development is a Wauwatosa, Wis.-based full-service real estate development and consulting firm formed to develop purposeful, lifestyle-forward, highly-connected and active housing with inspired design. We are first and foremost an opportunistic development firm that focuses on investments within the senior living and multifamily asset classes. Matter believes that projects should have a broader community impact and targets development opportunities where we can achieve a collaborative process, thoughtful and intentional design, and an insistence on quality. For more information about Matter, please visit www.mattersenior.com.
About Three Leaf Partners
Three Leaf Partners is a Milwaukee, Wis.-based real estate development company that leverages the power of real estate to make a positive impact in our communities. Dynamic group of like-minded and mission-driven individuals seeking to fund and facilitate quality real estate development projects across a variety of development uses that are sustainable, multifaceted, and make a lasting impact on the greater community. For more information about Three Leaf Partners, please visit www.threeleafdevelopment.com
About Koru Health
Koru Health is a Wauwatosa, Wis.-based senior living company. Koru’s philosophy is rooted in approaching overall wellness for seniors with optimism, respect for individuality, and a sense of community. With strong industry expertise and partnerships in senior living, Koru Health is a trusted resource for the communities we serve in southeast Wisconsin. For more information about Koru, please visit www.koruhealth.org.