We are pleased to announce that our Westmont of Milpitas senior housing project has received its Certificate of Occupancy! We anticipate State Licensing approval in the next few weeks with initial move-ins slated for January 2021. As construction has come to a close, the interest level from the community continues to ramp up, with a growing list of leads the sales team has built through its network of medical providers, community organizations, and outreach efforts. This project has been a long time coming for the City of Milpitas, and they are pleased to have a facility of this kind available for the residents of their community. On October 22nd, the property hosted a small, COVID-aware ribbon cutting for stake holders including ownership representatives from SRM, Westmont Living, and a small group from the City of Milpitas to celebrate the project completion.
SRM Construction and its team of subcontractors worked diligently to advance this project through the ever-changing regulatory mandates throughout the COVID pandemic, and we couldn’t be prouder of their efforts! The project is the first to be complete in our Senior Housing Fund and includes 199 units with 121 parking stalls, approximately 35,000 sf of common areas including an indoor pool, theater, activity center, full service dining room, bistro dining, hair salon, resident storage lockers, and three outdoor courtyards totaling a little over 9,500 sf. The project is in close proximity to the new Bay Area Rapid Transit station that was complete in June. The senior housing market in Milpitas is underserved and SRM looks forward to a strong lease-up period throughout 2021.
Thank you to everyone who helped make this project a success!