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PRESS RELEASE / ANNOUNCEMENTS Saturday, May 25, 2013

Construction Progressing at the Valle Verde’s $30 Million Expansion

Future Residents to See Firsthand Development of Senior Living Construction Project

Construction materials at Valle Verde senior living community are a sure sign of progress being made. The stacks of tiles, boxes and boxes of nails, piles of lumber and 1,000 gallons of paint are just a sampling of what is on hand and needed to complete the expansion now underway.


Future residents will have an opportunity to see the progress of the new residential living homes during a special sneak peek event on May 29.

As a way to demonstrate the magnitude of the construction project, Sunseri Construction estimates they’ll use more than 100,000 nails to build 40 new single-story homes, adding up to more than 60,000 square feet. As those new homes near completion, 11,000 square feet of tile flooring will be installed. Add to that an additional 1,700 square yards of carpet installed throughout the community. In addition, the general contractor, who has worked on the project since this past November, estimates they’re renovating 32,000 feet of common areas, including enhancements to the poolside bistro, fitness center and wellness clinic, and additional parking spaces. The expansion also includes a 10-acre oak woodland preserve, acreage for green space and landscaping adorned with 3,500 tons of decorative rock.

“Construction is well underway on our expansion, bringing new and highly anticipated residential living for seniors in Santa Barbara,” said Tim Wetzel, executive director for Valle Verde. “Every week, progress made by construction crews is more evident, and that adds a great deal of excitement for everyone.”

The $30 million expansion project is a boost to the Santa Barbara economy through the creation of construction jobs. At any one time, up to 100 Sunseri Construction employees are at the site working toward a completion date in the summer of 2014.

Editor’s Note: Great photo and video opportunities are available. Media is invited to attend the Valle Verde construction update event on Wednesday, May 29 at 2 p.m. at the North Gazebo at the community, located at 900 Calle de los Amigos in Santa Barbara.

Fast facts:

· Valle Verde’s residential living expansion is more than 60% complete.

· On any given day, Valle Verde has around 100 construction workers onsite.

· More than 75 future residents will move into new residential living homes when completed.

· The new residential living homes are 95% reserved and expected to be fully reserved by July 1st.

· Other enhancements to the campus will include an outdoor performance venue, salon, putting green, bocce ball court, woodworking and tool shop, guest rooms, and poolside café.

· Valle Verde has invested $30 million in the expansion project.

About Valle Verde

Valle Verde has been providing quality care, services and lifestyle options to seniors in Santa Barbara for nearly 45 years. Valle Verde provides residents with the continuity of a flexible, residential lifestyle, while offering the security of health care. For more information about Valle Verde, call 1-800-491-0629, visit the campus at 900 Calle de los Amigos in Santa Barbara, or visit the community’s website at www.ValleVerde.org.

About ABHOW

Valle Verde is owned and managed by ABHOW, a California nonprofit public benefit corporation. ABHOW is a nonsectarian corporation, serving seniors through quality retirement housing since 1949. ABHOW seeks to enhance the well-being and security of seniors through the provision of housing, health care and supportive services, and was a pioneer in the development of CCRCs. For more information about ABHOW, visit www.ABHOW.com

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