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The Real Estate Wonk
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Construction to start on new Lutheran Village retirement community in Ellicott City

The developers of a new retirement community in Ellicott City are to break ground Thursday, nearly 10 years after their organization was given the land for the site.

The Lutheran Village at Miller’s Grant could house 400 people upon completion, expected in 2015. The $140 million continuing care development takes its name from the family of Charles E. Miller and his son Paul, which gave the Frederick Road land in 2005 to Carroll Lutheran Village, a Westminster-based organization that started a senior living community in 1977 and today serves about 700 people in 400 homes.

The new development ran into delays with the crash of the housing market, but as of April three quarters of the 241 residences, mostly apartments, had been pre-sold, with 65 percent of the deposits coming from Howard County residents, said Geary Milliken, CEO of Carroll Lutheran Village, parent company for the new development. Miller’s Grant is expected to employ about 150 people, with a $4 million annual payroll, according to Milliken.

 

Copyright © 2014, The Baltimore Sun
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