Harrison Street Asset Management and Harbert South Bay have announced a joint venture that will bring a new senior housing complex to Pasadena.

The Palmer, planned at 861 E. Walnut Street, construction of a six-story, approximately 83,000-square-foot building containing 68 assisted living units, 26 memory care units, and basement parking.

VTBS Architects remains the design firm attached to the project, which is depicted in renderings as a contemporary podium-type building. Per a news release, the complex will also include multiple dining areas, common outdoor spaces, golf simulators, and a rooftop pool deck.

Exterior of The PalmerHarbert Management Corporation

Construction of The Palmer is expected to commence this month and be completed by September 2028. W.E. O'Neil is attached to the project as general contractor.

Harrison Street and Harbert South Bay's announcement also includes a second project to be built in Potomac, Maryland.

861 E. Walnut StreetGoogle Maps

“Pasadena and Potomac will be benchmark assets in our portfolio of luxury, Class A communities,” said Harbert South Bay chief executive officer Patrick McGonigle in a news release. “We are excited to begin construction on both projects, alongside a great partner in Harrison Street, as we continue to deliver distinctive communities designed to meet demand in attractive, supply-constrained markets.” 

Harbert South Bay is currently developing more than 800 units between the two new projects and other developments in Irvine, Northern California, and Dallas, Texas.

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