A joint venture between Related Cos. and Atria Senior Living, in conjunction with Welltower Inc., signed a strategic partnership to develop two world class senior living communities in Silicon Valley, one in Santa Clara, Calif. (graphic above), and the other in Cupertino, Calif., as part of a larger strategic partnership among the three companies.
The Related|Atria joint venture was formed in 2018 to develop, own and operate modern urban communities catering to seniors living in major metropolitan areas.
The Santa Clara and Cupertino Developments will be the third and fourth locations for the joint venture's new series of upscale senior living communities after the newly opened Coterie Cathedral Hill at 1001 Van Ness in San Francisco and Coterie Hudson Yards at 451 10th Ave. in New York City, which will open later in 2022.
The 191-unit Santa Clara Development is adjacent to a larger fully entitled 9.2-million-square-foot urban development by Related, which comme
