TEGA CAY — Officials with Wellmore, a planned $35 million assisted living community in the Stonecrest subdivisiion, said they closed on the property laste last week.
The community is expected to create nearly 130 local jobs in healthcare and management, with site-work and landscape design contracts awarded to local firms. The project was announced more than two years ago, but rogress has been delayed partly because of a lengthy review process with the S.C. Dept. of Health and Environmental Control and arranging financing for the project. Wellmore had to apply for a Certificate of Need to operate skilled nursing services.
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It is a very exciting time for the City of Tega Cay because of the addition of the Wellmore community, Mayor George Sheppard said.
Not only will we now have a senior living community for our residents who do not want to leave the city, but we have gained a great partner. This addition will be a boost to both the city and the Stonecrest communities. This has been a great experience and we are looking forward to more experiences with the Wellmore group. City Manager Charlie Funderburk said city executives are "excited" about the announcement.
The City is extremely excited to hear that Wellmore officials have closed on the property at the corner of Stonecrest Blvd. and Hwy. 160 here in Tega Cay, he said.
This long awaited project will be a tremendous boost to the local economy through job creation and further development within the Stonecrest area. We feel that this organization will most certainly provide a first class facility for our senior population. The companys Chief Executive Officer, Donald Thompson, said the Tega Cay property will span nearly 150,000 square feet once complete, with residential accommodations and a 25,000-square-foot-clubhouse and wellness center. Construction is slated to begin this month with a proposed opening in 2015.