MARLBORO – A proposed 83-unit assisted-living facility that could host up to 100 beds will be before the zoning board on Tuesday.
The proposed site is at the intersection of Newman Springs Road (Route 520) and North Main Street (Route 79). It would be located across from the Walgreens near Marlboro High School and neighboring St. Gabriel Roman Catholic Church. It would raze two houses on its 3.86-acre plot of land to build the proposed three-story building.
According to a PowerPoint submitted to the zoning board, the developer is Capitol Seniors Housing, a “real estate private equity firm with an exclusive focus on seniors housing.”
The PowerPoint states the company was formed in 2003 and it is backed by two private equity funds, Bain Capital and The Carlyle Group. The developer needs township approval to build an assisted-living facility in an area zoned for professional offices.
The residents who will live in the proposed facility will be those who “are not able to live independently and are not candidates for skilled nursing care,” according to the PowerPoint. It says the average age of entry is 86 years old.
Units will range from a 350-square-foot studio to an 850-square-foot two-bedroom apartment, according to the PowerPoint. Each apartment will have a refrigerator, counter tops and cabinets, but residents will be served meals in the common area.
In addition to dining areas, the facility will have a theater, living rooms, a bistro, a hair salon, an activity area, seating areas, lounges and an outdoor garden that will be enclosed by a six-foot fence.
Of the 83 units at the proposed facility, there will be 60 assisted living units and 23 memory care units, according to the PowerPoint. Ten beds will be for Medicaid recipients, which would go toward Marlboro’s affordable housing obligation.
There will be 60 parking spaces at the facility. The PowerPoint says the facility will provide a van for residents and contract with a private ambulance company for non-emergency situations. It expects about two 911 calls per week.
On a slide title “Why Marlboro Township?,” the developer cites the median home value within a one-mile radius being $611,143 and the high median income.
Olivia Liu is a reporter covering transportation, Red Bank and western Monmouth County. She can be reached at firstname.lastname@example.org.