Erickson Senior Living Launches Oxford Hills Sales Center as Part of $4 Billion National Expansion
Erickson Senior Living has officially opened the sales center for Oxford Hills, a new continuing care retirement community located in Clarksville, Maryland. The project is part of a massive multi-billion dollar national expansion strategy aimed at addressing the rising demand for senior housing. The first phase of the Oxford Hills development will feature 172 independent living residences and various amenities, including a fitness center and on-site medical facilities. The community is scheduled to welcome its first residents in late 2028. This move aligns with demographic shifts in Maryland, where the population aged 65 and older is expected to grow by 18% to reach 1.3 million by 2030. Erickson Senior Living plans to invest up to $1 billion annually into its portfolio to solidify its position as one of the nation's largest senior housing developers.
Topics: Business Expansion Real Estate Development Senior Living