SOURCE: Otterbein Homes

May 20, 2008 11:00 ET

New 20-Acre Mixed Use Development Plan Approved by Otterbein Homes Board

LEBANON, OH--(Marketwire - May 20, 2008) - "An integrated mixed use master plan concept has been unanimously approved by the Otterbein Homes board of trustees," announced Donald L. Gilmore, president and CEO. Phase 1 of the 20-year plan includes the development of an additional 20 acres of its property in Warren County. Otterbein Homes, a nonprofit organization based in Lebanon, Ohio, is related to the East and West Ohio Conferences of the United Methodist Church.

Otterbein is ahead of the national trend in developing housing that meets the needs of its current and future residents, as well as developing a robust community that will serve parents, children, grandparents and even great-grandparents in Warren County. "Our goal is to create a vibrant and diverse community that offers a special life experience for all generations while preserving the 'Spirit of Otterbein,'" Gilmore said. "Our new development plan integrates additional residential and retail options for all ages into a new community."

The current Lebanon campus occupies 200 acres of the 1400-acre property in Warren County. Phase 1 of the project will focus on an additional 20 acres with the first residential units scheduled for occupancy in spring 2010. The new pedestrian-friendly community will eventually include common area amenities for wellness, fitness and recreation, cultural pursuits, relaxation and dining. A town green area will feature community gathering places with fountains, gardens and parks. This area will become the centerpiece of the Otterbein development.

Key Elements:

-- Senior apartments will be developed as well as patio/ranch homes and assisted living care

-- Two Avalon small house skilled nursing neighborhoods on the Lebanon campus

-- Market rate apartments, single family homes and a variety of other housing options for all ages are planned for the site

-- An active adult neighborhood will be added

-- The current Lebanon campus skilled nursing facility will reduce its capacity from 356 to 156

-- The development of four additional Avalon by Otterbein small house skilled nursing neighborhoods in Warren County

The Otterbein Homes board of trustees established Otterbein Properties, LLC, to oversee the development of the 20-year plan. Otterbein Properties, LLC, will seek partners and donors from a variety of community groups to create a financially sustainable plan and unified development that preserves green space and increases Otterbein's ability to serve a wide variety of needs, including broadening the spectrum of housing available to seniors.

Otterbein is working with Dillin Corporation, Perrysburg, Ohio, on the development plans. Dillin Corp. creates communities with life and spirit -- spectacular architecture is just the setting. Dillin's creativity engages the human fabric that converts architecture into neighborhoods. The company has cultivated a worldwide reputation for constructing unique urban gathering places.

About Otterbein Retirement Living Communities

Otterbein Retirement Living Communities, founded in 1912, is a member of the United Methodist Association of Health and Welfare Ministries, and serves nearly 1,700 residents throughout Ohio. Additional information regarding Otterbein Retirement Living Communities and the Avalon by Otterbein small house neighborhoods are available at www.otterbein.org.

NOTE TO EDITORS:

-- Rendering of the current Otterbein Lebanon campus with concept of Phase 1 in color is available at www.pr-link.com/otterbein1.jpg.

-- Rendering of the Phase 1 concept only is available at www.pr-link.com/otterbein2.jpg.

Contact Information

  • Contact:
    Jill Hreben
    Otterbein Retirement Living Communities
    Office: (419) 833-8912
    Cell: (419) 204-0796
    Email Contact

    Contact:
    Rosemary Cicak
    Otterbein Retirement Living Communities
    Office: (513) 933-5448
    Cell: (513) 659-0061
    Email Contact

    Contact:
    Pam Gilchrist
    PR~Link
    Office: (859) 431-9090
    Cell: (513) 233-9090
    Email Contact
    Email Contact