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Paric Leads $14 Million in Senior Living Projects

Posted on January 26, 2010

With work well underway on Phase II, St. Louis-area-based Paric is set to begin a $4.6 million renovation project of an existing skilled nursing facility at the Village of St. Mary’s “Villa Theresa” Continuum of Care Retirement Community (CCRC) in O’Fallon, Mo, in addition to a $9.5 million in-progress two-phase senior living renovation. Paric leads both projects as construction manager.


The 51,000-square-foot skilled nursing facility renovation is expected to begin in February, with an estimated 10-month timeline for completion. Phase II of the housing development project, which includes renovation of approximately 21,000 square feet of existing space into 15 affordable apartment units for seniors began in October. Phase I was completed in September.


The project is a joint venture between The Sisters of the Most Precious Blood and McEagle Properties, LLC. The Lawrence Group is the architect.

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