South Cove Manor Nursing and Rehabilitation Center, a skilled nursing facility focused on serving Asian elders and their families, has broken ground on a new $32 million facility in Quincy, due to be completed in early 2014.
The expansion will move the 27-year old organization from its current location in Boston to a new site in Quincy.
The facility at 290 Washington St. will feature 141 beds clustered in small resident communities. Financing for the project is being provided through a $19 million bond from MassDevelopment and $14.55 million in New Markets Tax Credit from Massachusetts Housing Investment Corporation, as well as financing from Cambridge Savings and US Bancorp. Suffolk Construction has been named to build the new facility.
"South Cove Manor has built an unparalleled reputation for care and service, and we are proud that it sought Quincy for its new state-of-the-art home," Quincy Mayor Thomas Koch said in a statement. "Projects like this that create construction jobs, permanent jobs, and improve neighborhoods are happening across our city and we will continue to do everything in our power to help make them a reality."
