Athens Creek Retirement Lodge
PENTICTON – BC-based and family-owned PARC Retirement Living has entered a new chapter of growth with the acquisition of Athens Creek Retirement Lodge in Penticton.
The addition marks a significant milestone for the company as PARC’s first-ever expansion through the acquisition of an existing A-list residence. With 80 suites, and first opened in 1997, Athens Creek represents not only PARC’s first independent senior living community in Penticton, but also its first wood-frame residence building.
All six of PARC’s other independent living buildings are concrete structures designed and purpose-built by PARC from the ground up. They include the new Cristalina PARC that just opened in Kelowna, plus additional residences in West Vancouver, Burnaby, White Rock, and two in North Vancouver.
“The demand for quality seniors housing in the Okanagan is growing, and responding to that immediate need through acquisition helps create opportunities that couldn’t be achieved in a timely manner though construction alone,” said Rainer Müller, Founder and Chairman of PARC Retirement Living.
“It’s a first for us. PARC has actually been interested in Athens Creek for several years. The quality of the building and the positive feedback from residents speak volumes about how well-aligned Athens Creek is with our values. We look forward to offering Athens Creek residents the same exceptional services that PARC is known for, and we’re excited to welcome the Athens Creek team to the PARC family.”
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