Hopkinton, MA – The Congress Companies announced the closing of the construction loan for Phase 1 of a renovation and addition project for repeat client Golden Pond Resident Care Corp. The work will take place at Golden Pond, an assisted living residence located in Hopkinton.
Congress has once again partnered with Larry Kunst and Kerry Kunst, owners of Golden Pond Resident Care Corp., and East Boston Savings Bank, the project’s construction lender.
Last fall, Congress was selected to provide construction management services for the Golden Pond project. The scope of work includes 41,000sf square feet and 47 new beds of assisted living construction, plus total renovations of the main mechanical and electrical plants which service the existing 135-bed assisted living facility to meet the requirements of the new units as well as future expansions of the property. This is the first of a multiphased master expansion plan for the facility.
The additions to Golden Pond include deluxe-size assisted living units, concierge care and high-end common spaces for residents of this upscale assisted living facility.
Work Continues at Golden Pond
Hopkinton, MA – The Congress Companies announced the closing of the construction loan for Phase 1 of a renovation and addition project for repeat client Golden Pond Resident Care Corp. The work will take place at Golden Pond, an assisted living residence located in Hopkinton.