Expanding and Improving Senior Living & Services at St. Mark's in Austin

Date
Jan 17th, 2012 3:56pm

The board of directors of St. Mark’s Lutheran Home announced today that St. Mark’s has closed on financing for a major redevelopment and expansion of the Austin senior community. The $13.4 million project will be financed through long-term tax-exempt bonds, which went on sale in early December and quickly sold out.

“The redevelopment of Saint Mark’s is an important part of Austin’s future vitality as it will be a tremendous asset in helping people live more independently and stay in the community,” says Marty Helle, president of St. Mark’s board of directors. “We’re greatly looking forward to this next stage in St. Mark’s long-term commitment to serving Austin area seniors and their families.”

Read the full story about St. Mark's redevelopment and expansion on the Austin Daily Herald website.