CHARLOTTE, N.C.--(BUSINESS WIRE)--Bridgewood Property Company (Bridgewood), a national developer of high-end senior living properties, announces the acquisition of 727 E. Morehead in Charlotte, North Carolina with plans underway to construct a luxury senior living community, The Village on Morehead. The community will offer exceptional living options for discerning seniors, proximate to Dilworth, Eastover, and Myers Park neighborhoods, offering convenient access to Charlotte’s top medical providers as well as its most regarded cultural centers and attractions. Bridgewood has selected Charlotte-based BB+M as the architects, LandDesign as the civil engineers, and Choate Construction as the general contractor.

Bridgewood received rezoning approval for the site in July 2020 and is expected to break ground in the Spring of 2021. Bridgewood is also in the process of rezoning a property in the Green Hills submarket of Nashville, Tennessee and expects to move forward with the project in the first half of 2021.

To learn more about the future of The Village on Morehead, visit villageonmorehead.com

Bridgewood’s long-standing operating partner, Retirement Center Management (RCM), was just recently named top 50 largest seniors housing operator in the United States in the most recent report issued by American Seniors Housing Association. Within their luxury portfolio, RCM’s quality of service and commitment to excellence has allowed its residents and families to continue to live a luxurious, independent lifestyle in a safe and elegant home.

About Bridgewood Property Company

Bridgewood is based in Houston, Texas and has exclusively developed and operated senior living properties across the central-southern United States for the past 25 years. Bridgewood prides itself in developing award-winning communities in carefully selected mature markets which enable its residents to remain close to their beloved neighborhoods, families, friends, and places of worship.

About Retirement Center Management

Retirement Center Management (RCM) senior living communities enable residents to Live Life Well®. The company was founded in 1996, and its executive team has 30 years of experience in the senior housing industry. Today RCM manages a portfolio of outstanding senior living properties well known for exceptional quality of life and gracious living. RCM is based in Houston, Texas and is privately held.