Latest News

Village on Morehead

Bridgewood and Harrison Street Break Ground on Luxury Senior Living Community in Charlotte, North Carolina

CHARLOTTE, NC & CHICAGO, IL – Bridgewood Property Company (Bridgewood), a national developer of luxury senior living properties, along with Harrison Street, a leading investment management firm exclusively focused on alternative real assets, today announced the groundbreaking at The Village on Morehead, a luxury senior living community in Charlotte, North Carolina. The project is scheduled for completion in Fall 2023. The Village on Morehead, located at 727 E. Morehead, proximate to the Dilworth, Eastover, and Myers Park neighborhoods, will offer 199 high-end independent living apartments for seniors. In addition to providing living spaces with top-of-the-line amenities, the community has been… read more

Bridgewood Purchases Land in Green Hills for Luxury Senior Living Community

NASHVILLE, TN – Bridgewood Property Company (Bridgewood), a national developer of high-end senior living properties, announces the acquisition of 3808 Cleghorn Avenue in the heart of Green Hills for the development of a mid-rise, luxury retirement community. The new Bridgewood community in Green Hills will offer independent living, assisted living, and memory care to its residents and will be located conveniently to the neighborhoods of Belle Meade, Forest Hills, and Hillwood. Two local, Nashville-based, design firms were selected for the project given their track record of success and capabilities across the United States. ESa has been engaged as the project architect and Catalyst Design Group… read more

Bridgewood Acquires Land in Charlotte, NC

CHARLOTTE, NC – 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… read more

Views of Downtown Austin from the Village at the Triangle

2019 Winner – ULI Impact Award

The Austin Chapter of the Urban Land Institute (ULI) recently awarded the Village at the Triangle in Austin, Texas its 2019 ‘Best Project Design’ winner. ULI’s Impact Awards recognize projects which exemplify ULI’s mission: To provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. The Village at the Triangle began welcoming residents in September of 2018, and offers independent living, assisted living and memory care apartments to residents of Austin. The project was jointly developed by Bridgewood Property Company and W2 Real Estate Partners, was designed by House+Partners, and built by Harvey-Cleary builders. The Village at the… read more

Bridgewood Community Wins Best Design Award

The Village at the Triangle in Austin, Texas was recently selected as the winner of the ‘Best CCRC Design’ award for 2018. The Bridgewood-developed community opened its doors to residents in the fall of 2018 and offers independent living, assisted living, and memory care options. The project was a joint-venture between Bridgewood and Austin-based W2 Real Estate Partners, was designed by House+Partners, and built by Harvey-Cleary builders. More than ninety communities were nominated for this year’s Senior Housing News (SHN)’ Architecture & Design awards which evaluates amenities, integration into the surrounding community, and unique design elements. The Village of the… read more

Bridgewood Property Company begins construction on luxury high-rise senior living community in Southampton Place

Village at Southampton to Set Pace in Urban Senior Living Innovation Bridgewood Property Company today launched construction on the company’s newest luxury senior living property, the innovative high-rise Village of Southampton. Located in the historic, prestigious Southampton Place neighborhood, the newest addition to Bridgwood Property Company’sindustry-leading senior community housing portfolio is one block from Houston’s best-in-class Rice Village shopping and dining district. The Village of Southampton is expected to be completed in Spring 2020, bringing independent living, assisted living, and memory care services to the neighborhood. High-rise senior living is an emerging trend in the senior living market. The model… read more

Construction begins on senior living high-rise in Southampton Place

Article by Olivia Pulsinelli – Senior web editor, Houston Business Journal, originally published on Houston Business Journal (www.bizjournals.com/houston) A 17-story luxury senior living community will rise in one of Houston’s wealthiest areas. Houston-based Bridgewood Property Co. announced April 12 that construction has started on the project, called The Village of Southampton. It will be at 5020 Kelvin St. in Southampton Place, a neighborhood adjacent to West University Place and Rice University.  “One of our primary considerations in identifying an appropriate location for a new senior community is enabling prospective residents to stay in the neighborhoods where they have always lived,”… read more

Village on the Park Onion Creek main entrance

Solving the Senior Housing Middle-market Crisis

Senior Living for Less (article originally featured in Plante Moran Living Forward, Senior Housing News) Existing developers like Drever Capital Management and Bridgewood Property Company have developed a less-expensive senior housing option in major markets like Austin and Atlanta. Among development companies, there are few actively targeting the void for middle-market senior housing by offering a “light” version of the existing model. This off-price housing looks and feels a lot like the high-end senior housing that runs about $3,600 per month on average, but is offered at 10% to 20% less by controlling development costs and operating costs. For some,… read more

Jim Gray receiving proclamation from city

The Good Son

(by Carole Keeney Harrington — Intown Magazine March/April 2017) Jim Gray’s 93-year-old mother must say to all her friends and family, “What a good son I have.” Every day he works, it’s his mother’s needs he considers – and those of fathers and anyone else who wants a comfortable life with style and ease. After 20 years building and managing exclusively for seniors through the transitions of their later lives, Gray is still inspired by what he does. “I have a passion about it,” he says of his commitment to provide high quality living space for seniors. “I consider it… read more

The Village of River Oaks

Senior Living Spotlight

(article originally featured in Houston Medical Times — April issue 2017) Senior well being, mental engagement, and wellness is an ongoing topic in the Houston Medical Times, we were interested in asking Retirement Center Management (RCM) President James D. Gray about his passion for developing luxury communities for seniors. HMT: How did your career evolve? James Gray: After receiving a Masters in Business Administration (MBA) from the University of Texas, I was fortunate enough to get a job in the 80’s with Trammel Crow Company leasing warehouses in Houston. I loved Trammel Crow and eventually became a partner over the… read more

Luxury senior living coming soon to Rice Village

Bridgewood Property Company announces luxury senior living coming soon to Rice Village. The Village of Southampton, a luxury senior housing community, is projected to begin construction 1 block from Rice Village in late 2017. The community is being developed by Houston-based Bridgewood Property Company. Jim Gray, as founder and owner of Bridgewood, has focused exclusively on developing senior living communities for more than 20 years. In addition to the development, Mr. Gray’s management company, Retirement Center Management, will be responsible for the operations of The Village of Southampton upon completion of construction. The Village of Southampton will have seventeen floors of apartment… read more

Spring Creek Village Main Building

Spring Creek Village added to Bridgewood and RCM communities

Bridgewood Property Company and Retirement Center Management of Houston, Texas have acquired Spring Creek Village Assisted Living and Memory Care located in Spring, Texas. Spring Creek Village originally opened in 2013, features 60 spacious Assisted Living apartment homes and 48 private Memory Care Suites. Its perfect location, beautiful landscaped courtyards, unique architectural design and luxury interior décor was the ideal addition to the expanding Bridgewood Property Company & Retirement Center Management portfolio. Spring Creek Village is located at 20305 Holzwarth, Spring, Texas 77388. The Spring Creek Village community is designed for seniors who need some assistance with daily activities. Residents… read more

Village of The Heights building exterior

The Village of The Heights grand opening

Bridgewood Property Company and Retirement Center Management of Houston, Texas are proud to announce the opening of The Village of The Heights Assisted Living and Memory Care located in Houston, Texas. The Village of The Heights contains 82 spacious Assisted Living apartment homes and 21 private Memory Care Suites. The Village of The Heights is located at 1407 Studewood, Houston, Texas 77008. “We are very excited to introduce The Village of The Heights to Houston and especially to the surrounding Heights community,” said Jim Gray, Owner.  “We don’t just care for our Residents – we care about them and want… read more

HBJ reveals 2013 Landmark Award winners

The Houston Business Journal revealed the winners of its 2013 Landmark Awards at a gala and dinner April 11 at the Houstonian Hotel. The Landmark Awards recognize real estate projects that have made a significant impression on the Houston landscape. A panel of judges selected and placed the finalists into categories based on their applications. The Village at The Woodlands Waterway was declared the Multifamily Project Winner. Houston Business Journal Article

The Village of Tanglewood

The Village of Tanglewood featured on Houston’s KTRK ABC 13

The Village of Tanglewood was featured on Houston’s ABC channel 13 for a special report on how the senior living communities are changing from what you remember. A video crew visited the community to highlight the modern features and amenities and to get testimonials from some of the residents. View the Video Here