Health Care

LakePoint delays project in Derby; El Dorado site still a go

A planned LakePoint Nursing Center in Derby has been delayed, but work is expected to begin soon on an assisted-living facility at the LakePoint in El Dorado.

LakePoint co-owner Kevin Unrein said he'd hoped construction would begin this year in Derby but it's been pushed back to next year because of the economy and to let the Derby market stabilize.

Derby Health & Rehabilitation Center, a different skilled nursing center, opened in October.

In the meantime, LakePoint will add a 32-unit assisted-living facility to the 117-bed skilled nursing facility it has in El Dorado, Unrein said.

"It's almost ready for construction," he said, with financing details about finalized. He expects construction to take nine or 10 months.

He said the assisted-living facility will be built to the west of the nursing center and will be connected to it by a large community room that will be used by both facilities and the public.

The $6.5 million total project includes about $4.5 million for the assisted-living center, refinancing and some upgrading at the nursing center, he said.

In Derby, LakePoint plans to build on seven acres it owns at Patriot, or 63rd Street South, and Triple Creek Drive. Unrein said work on building plans continues and he hopes to move forward soon.

Finding financing has been "a major battle," he said. "It's not like we're a bad risk. They're just cold and tight right now."

That, combined with the opening of the other skilled nursing center in Derby, led to delaying the project, he said.

LakePoint Nursing Center has a number of skilled nursing and assisted-living locations in south-central Kansas.

Partner Larry Wilkerson owns land just north of Galichia Heart Hospital and plans to build a LakePoint continuing care campus there. He said he is working to arrange financing.

When he closed on the land, he said the $16 million to $18 million project would include 60 independent living apartments, 61 assisted-living units and 60 skilled care beds.