PRS a Finalist for SOU Senior Living Project

Ashland.news reported today that Pacific Retirement Systems is one of two finalists that will potentially build and operate the new SOU senior living and education facility. The other finalist is St. Louis-based McCormack Baron Salazar. PRS will be presenting July 9 on campus, MBS on July 11.

The new senior residence facility will be on the 4.3-acre site previously occupied by Cascade Residence Hall, which was demolished this spring.

This project is part of the fourth plank of the 2023 SOU Forward Plan to “Diversify revenue sources by pursuing entrepreneurial opportunities.” This senior living complex has a list of individuals already interested in making this complex their home. As it states in the plan, “Our goal is to create a living community that creates a unique synergy between its residents, SOU students, and the university.”

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Placemaking is a vital piece to Southern Oregon living and called out in the One Rogue Valley Reimagined CEDS: – “Nurture an environment that preserves Southern Oregon’s quality of life for residents, businesses, and visitors…Creating quality places is an essential component of building dynamic and vibrant communities, where people want to live.”

Creating a way of life that not only provides unique opportunities for individuals to have meaningful experiences, but to attract those to our region who value the Southern Oregon lifestyle is a priority. Bravo to SOU for this innovative thinking intersecting generational contributions with day-to-day living.