Printer Friendly

Retirement community eyed for college site.

Webster Continuing Care has unveiled plans to turn the 91-acre parcel on Route 33 in Stratham that is currently home to Great Bay Community College into a continuing care retirement community.

"We have a fully executed purchase-sale agreement with the state (for the property), which was ratified by the Legislature in June," Janet M. Brown, chairwoman of Webster Continuing Care, told the Portsmouth Herald. "Closing is scheduled for July of 2010."

The Webster group is planning to conduct focus groups throughout the area to determine what kinds of senior facilities are needed and desired. A senior housing survey targeting area residents ages 65 and above is going out this month and is expected to provide data that focus groups will use to discuss the creation of Webster at Great Bay, the name the project will bear.

Great Bay Community College is scheduled to consolidate its Stratham and Portsmouth campuses at the Pease International Tradeport.

Webster Continuing Care is an affiliate of the Rannie Webster Foundation of Rye, which has been providing housing and health care for local seniors for 25 years.
COPYRIGHT 2008 Business Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:REAL ESTATE & CONSTRUCTION
Publication:New Hampshire Business Review
Article Type:Brief article
Geographic Code:1U1NH
Date:Aug 1, 2008
Words:181
Previous Article:New Portwalk plan gets initial approval.
Next Article:Million dollar deals.
Topics:


Related Articles
Three major markets will produce most 2001 construction.
Smart stops on the Web.
Alums: back on campus: Baby Boomers are flocking to campus retirement communities and, in turn, pumping money back into the school.
M&M: positive trends for senior housing markets.
Rich tradition at a moderate price.
Rye retirement home gets new life.
$326m financing deal for LI facility.
Developer buys Vianney House; Diocese property once housed priests.
BUSINESS PEOPLE.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters