Nursing facility being built in Hanover Park
Construction got under way last week on a state-of-the-art rehabilitation and skilled nursing facility in Hanover Park.
The Claremont-Hanover Park, as it's tentatively known, will offer 150 private and semiprivate beds within a 76,000-square-foot building on Lake Street near Church Street. The $14.5 million facility is expected to open in January 2011.
"It's an effort that's been hanging out there for a few years and it took a lot of meeting with the right people to bring this to closure," Mayor Rod Craig said. "We don't have anything like this in the village, and I'm optimistic this will stimulate other business to support the facility."
The company behind the development is Lincolnwood-based NuCare Financial Services Corp., which provides bookkeeping services to 13 similar operations in Illinois and five in Arizona. Church Street Station Properties LLC is developing the facility.
The Claremont-Hanover Park will feature short-term physical care, occupational and speech rehabilitation therapy, specialized memory care services, an inpatient dialysis unit and hydrotherapy spas.
NuCare CEO Gerry Jenich said the location was desirable because of its proximity to the train station and Lake Street, as well as the area's redevelopment efforts. He also noted a report released by the Illinois Health Facilities Planning Board, which indicated a need for additional beds in the immediate area.
Jenich credited Craig for seeing the project to fruition, and chalked up the years of discussion to a lengthy approval process by multiple agencies.
"Plus, changes in the economy slowed things down," Jenich said.
The facility falls within one of Hanover Park's three existing tax increment financing districts and the village did commit funds. The exact amount was not immediately available, but Jenich told the village board in May 2006 that the project would be eligible for $400,000 in TIF reimbursement.
Tax increment financing captures increased property tax revenues from development within the district to help pay for improvements at the site.