The Nashville music industry has announced that it will build a $95 million continuing-care senior living community to be located in historic Franklin, Tenn.
The Crescendo at Westhaven, the first senior living community to be owned by the music industry, will be open to all adults age 62 and over. It will be situated on 15 acres less than 30 minutes from Nashville.
Upon completion, the community will feature 180 independent living residences and a full skilled nursing facility. It will also be the only community of its kind to feature a recording studio and several performance venues. Groundbreaking is projected for 2011, with occupancy anticipated in 2013.
The Crescendo Music Community Fund will endeavor to provide assistance for qualified music industry retirees, including support for necessary services at the Crescendo. The CMC Fund is a non-profit organization with a volunteer board of music industry and community leaders. The CMC Fund will also own the Crescendo and oversee its management. Official fundraising efforts will launch this fall.
The Country Music Association, the Academy of Country Music, the Opry Trust Fund and the Reunion of Professional Entertainers have provided seed funding.
CMC Fund board member country superstar Martina McBride said, “There are people who might work for an artist for 20 or 25 years, and when the artist retires, they may be without a job. A lot of these people, through no fault of their own, have not been able to plan for their futures. Some of the folks who work tirelessly behind the scenes might need our support, and that’s what we want to provide.”
The Crescendo at Westhaven will be developed in partnership with Blakeford Development Services, a Nashville-based senior living developer and manager of first-class senior living communities.