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AegisLiving Purchases Property in Bellevue for New Senior Living Community
Date:10/15/2008

BELLEVUE, Wash., Oct. 15 /PRNewswire/ -- AegisLiving, a national leader in retirement, assisted living, and memory care communities, is pleased to announce the recent purchase of a property in Bellevue. The Bellevue location is the latest addition for the company, which has implemented a growth plan to serve the increasing needs for retirement communities throughout the West Coast. Set to open in early 2010, the new location will feature assisted living and memory care apartments. It will be the 12th Aegis community in the Puget Sound region, which also operates 22 communities in California and Nevada.

AegisLiving purchased the property, located in Bellevue at 148 102nd Ave SE, in August 2008 and has contracted with Polygon Construction, which has already begun construction to bring it up to Aegis standards for living. Once completed, it will feature expansive common areas and a variety of apartment styles, offering 68 assisted living apartments and 18 Life's Neighborhood(TM) apartments serving those living with memory care issues.

"We know for a fact that the eastside is in need of more senior communities, when this property became available we knew it would be a choice location," says Dwayne J. Clark, founder and CEO of AegisLiving. "Even in these tough times, we provide a service that is needed by so many families."

The new Bellevue community, which will be the second for Aegis in Bellevue, will include a wide array of amenities including a private movie theater, library, massage, and saloon. To facilitate a vibrant lifestyle, Aegis residents will be encouraged to enjoy a large variety of services including the brain gym, food theatre kitchen, card room, craft room, full exercise gym, activity garden and outdoor sensory garden for Memory Care. The community will also include secured underground parking and will offer a variety of dining options for residents including patio dining, private dining room, and bistro.

Aegis Living is known for bringing a fresh and innovative approach to senior living. Recently the company opened a Varenna, a Signature Living community in the Bay Area which has been hallmarked as a trendsetter for where senior residence living is headed in the future. Similarly Aegis' has another property under development in Redmond, Bear Creek Lodge, which will parallel Varenna as an Aegis community likened to a resort hotel, with all the elegance, luxury and security that entails. In all, AegisLiving provides a diverse group of community options to meet all seniors' living needs with its communities including:

-- Aegis Signature Living communities are exclusive resort-style

residences.

-- Aegis Senior Living communities are vibrant residences that features

luxurious amenities.

-- Aegis Assisted Living communities are specially designed for seniors

who need a little help with assisted-living services.

-- Aegis Memory Care communities are designed for those with memory loss.

-- Aegis Senior Inns are more casual, remodeled neighborhood communities.

-- Short-term or vacation stays are also available at all AegisLiving

communities.

About AegisLiving

AegisLiving is a national leader in retirement and assisted living, offering a progressive selection of senior residences to meet the growing needs of today's aging population. Providing the finest in senior lifestyle and living options available, "We're the people who make life better" emphasizing health, quality of life, well being and community. AegisLiving is guided by a simple philosophy: strive to treat all people with the highest possible standards. Founded in 1997 and headquartered in Redmond, Washington privately held AegisLiving operates 34 communities in Washington, California and Nevada. More information is at http://www.AegisLiving.com.


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SOURCE AegisLiving
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