Allegro Residences announces the investment of 14.7 million dollars for the Stonehaven Manor's Expansion



    KANATA, ON, June 16 /CNW Telbec/ - Mr. François Courtois, Vice-President
of Operations of the Allegro Residences network, is pleased to announce the
investment of over 14.7 million dollars for the expansion of the Stonehaven
Manor Retirement Residence.
    The expansion project calls for the addition of 53 units over 4 floors,
and will cater to independent seniors. "In light of the fact that there
remains a shortfall of available apartments for retirees, that the residence
has established a solid and enviable reputation in its market; the realization
of this project is a given", declared Mr. François Courtois. The units in this
new phase will be roomy, consisting of one bedroom and one bedroom + den
apartments to two-bedroom apartments. They will all feature balconies,
kitchenettes (kitchenettes in 1 - bedroom, full kitchens in 1- bedroom + den
units and 2-bedroom units) and air conditioning.
    The new phase will connect to the current building and will allow the
creation of additional underground parking. The expansion will bring new
common amenities to the existing building: a separate entrance with a lounge
area, a multi-function room, a bistro/Internet/library room, a health center
including spa, massage and pedicure rooms, fitness/yoga room, ancillary
changing rooms and showers and one common laundry room on one floor. In all,
the Stonehaven Manor expansion project features all benefits one would expect
when seeking "Undivided Attention": plenty of room and a variety of services
providing maximum comfort and security to its clientele. Delivery of the first
units is expected in the summer of 2010.

    Established in 2003, Stonehaven Manor Retirement Residence is located at
70 Stonehaven Drive and has 136 units. It is located in a calm residential
neighbourhood in the heart of Bridlewood in beautiful surroundings near a
shopping centre with numerous stores and services. However, what makes the
Manor unique are the variety of services available, the special care provided
by an attentive staff and the friendliness of its residents. Stonehaven Manor
offers a stimulating and secure environment where autonomy, attention, respect
and innovation are skilfully integrated. Once the expansion project is
completed, Stonehaven Manor will offer 189 units for seniors in the Kanata
area.

    Allegro Residences is the largest network of private independent and
assisted-living retirement residences in Quebec and the third largest in
Canada, operating 18 establishments in Ontario, 23 in Quebec, 3 in British
Columbia, and 1 in Alberta. Each Allegro facility shares a common philosophy
based on providing maximum comfort and security to its clients.




For further information:

For further information: Tracy Kennedy, Allegro Residences, (613)
271-9016, tkennedy@residencesallegro.com, www.residencesallegro.com

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