Horizon House is in the midst of a Master Plan update.
We look at this process as a three-legged stool which includes, (1) Items we need to do for the stewardship of our buildings, (2) Items we should do because they support the resident-driven and employee-centric culture, and (3) Items we could do to offset expense and contribute to revenue.
Advancing the mission of Horizon House, serving the residents and staff who make this a great place to live and work and remaining desirable in a competitive marketplace, fuels the Master Planning process. We want to advance and retain our unique mission of serving people from diverse socio-economic backgrounds. To do this, we continue to invest in our buildings, and be good stewards of resources. To set priorities we look at what supports the culture, generates revenue, and needs to be done.
During our January 29 Board meeting, we confirmed the Central Tower and Supported Living will be elevated to the top of the list. Both areas hit all legs of the stool. The Central Tower (CT) is our largest and most mature building, built in 1954 and home to 148 Residents (140 apartments and 1 guest suite). A solution study is underway to understand the scope of work which may include an upgrade of the heating/ventilation, electrical, and plumbing. We expect the roof replacement will commence this summer. The permit has been secured.
The right-sizing of Supported Living, and possible conversion of some space to new Independent Living apartments is also being considered. In addition, Trustees are engaging in a strategic discussion around ways we can redefine our business and service model to enable a successful ‘aging in place’ approach. A further update on the Central Tower solution will provided soon.
Over time, improvements will likely include staff spaces and Resident amenity areas which include expanding our dining options and enhancing the experience of the performance hall.