Expansion & Relocation Overview
VISION: To meet the ever-increasing needs and numbers of elderly, St. Michael’s has embarked upon an ambitious relocation and expansion project on an 11-acre site which houses a 100,000 sq. ft structure. Construction began in January 2021, albeit at a slow pace to allow additional fund-raising which had been impeded by the pandemic and other external factors. As of March, construction is just over 2/3 complete with all exterior work (brickwork, roofing, new doors & windows, stuccoing, etc.) completed. On the interior, all spaces have been partitioned and the installation of HVAC, plumbing and electrical work has begun.
When completed, this magnificent state-of-the-art continuum care facility can accommodate over 150 residents, and various Department of Health licenses, some of which have already been secured, will permit the facility to offer progressively higher levels of care. This will eliminate the need for any resident to leave for another institution and also allow the Home to accept applicants not eligible for admissions at the Yonkers facility since their care-needs exceed those permitted by its current license.
Included in the renovated structure will be: independent living one-bedroom & studio apartments; studio bedrooms for independent and various levels of assisted living; a secure Memory Care Wing for those with Alzheimer’s and dementia, as well as a Greek Orthodox Chapel, Physical Therapy Room, Gym. Beauty Salon, Taverna, Coffee Lounge and a myriad of other beautiful ancillary spaces expected in this day and age to provide an attractive and nurturing environment for all residents.
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COST: The cost of this monumental project is approximately $55,000,000 (historic inflation increased the original cost by $7 million) with just over $42,000,000 of that amount already pledged, most of which have been fulfilled thus enabling construction to continue. St. Michael’s has secured a $10,000,000 construction loan which is available to complete the last stage of construction. Before accessing the loan, the Home needs to bridge a funding gap of around $6,000,000 and the hope is that those who have not yet participated in the Capital Campaign will do so as soon as possible. Once the loan is accessed, the project can be completed in 7-8 months.
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NEED: The elderly represent the fastest growing segment of the U.S. population, growing 4 times faster than other age groups. As more and more people live longer, their needs due to diminished health and mobility and/or cognitive acuity coupled with changing family dynamics will exponentially increase the demand for facilities such as the new St. Michael’s.
Certainly, the Church and community have a sacred obligation to provide our seniors who represent this fastest growing segment of our population with an “elder care facility” offering a loving Greek Orthodox environment in which they can receive ALL the assistance and levels of care they may need at this point in their life, especially religious, cultural and emotion support. St. Michael’s is most proud and thankful that the facility did not lose any resident to COVID, a testimony to the quality of care it offers. Contingent on the availability of resources to keep construction moving, the new facility could open in 2025.