St. Mark’s Villa plans put on hold
The Board of St. Mark’s Villa has been working for over six years to bring a new concept of independent living for middle-income seniors in Penn Yan.
The group says the efforts have included an option on a beautiful site thanks to Klaas and Mary-Howell Martens. A site plan and building specifications have been shared with the public.
Ninety-five people were interested enough to become Priority Reservation Holders by making a refundable deposit.
“Clearly, we have enjoyed broad community support; but after pursuing 42 financing options, the current economic climate has prevented securing enough financial support to proceed with construction at this time,” the group says in a recent press release.
St. Mark’s Villa will retain its not-for-profit status and the board will meet regularly.
The statement continues: “We are hopeful that most current reservation holders will remain, as these deposits represent a strong statement of interest and support while we consider other ideas for a new senior living complex in the Penn Yan area. We will be pleased to accept additional priority reservations from those desiring to encourage this concept. If interested please call 315-536-3955.”
The organization will continue to monitor activities of others, but for the most part, will minimize new initiatives on our part.
“We remain committed to our goal of developing quality senior housing for the Penn Yan community and will watch for new options and will become involved when appropriate. We have pursued 11 avenues to find a different way to accomplish our objective. Many of these have involved other senior living providers who have successful facilities currently operating in nearby localities. We believe one or more of these options will come to fruition in the near future. We will be available to assist them in their completion of this needed community project,” the statement concludes.