LCS Development, An LCS Company, has announced the closing of financing for the community expansion and remodel project at Cypress Glen, a senior living community located in Greenville, North Carolina. The $90 million project will add 57 independent living residences and include a new auditorium, expo kitchen, wine bar, and remodeled amenities at the community. LCS Development has led the planning, development, design, and will oversee the construction services. The expansion is slated to be complete by November 2025.

“LCS has a longstanding partnership with Cypress Glen, and we are honored they have trusted us once again to manage this expansion project,” said Dan Novelli, Sr. Development Manager.  “We look forward to providing current and future residents with extraordinary experiences at this best-in-class senior living community for many years to come.”

Cypress Glen sits on over 95 scenic acres and is the only Life Plan/Continuing Care Retirement Community (CCRC) in Eastern North Carolina. Life Care Services also provides management services and support for the community and its residents. 

“We are excited to have a trusted partner to help grow and add these improvements to our community,” said Laurie Stallings, Executive Director. “The residents at Cypress Glen are active, accomplished retirees who desire elevated experiences for retirement living. We look forward to serving them, and our future residents with this expansion.” 

Other project partners include SB&A Architects, interior designer RDG Planning and Design, general contractor BLUM Construction, and investment partner Ziegler. Learn more about Cypress Glen by visiting their website.