Mainstreet and Sprenger Announce New Development in Mishawaka, Ind.

Mainstreet and Sprenger Announce New Development in Mishawaka, Ind.

Jan 19 2012

CICERO, Ind., Jan. 11, 2012 – Mainstreet Property Group, which builds next-generation living communities for seniors, and Sprenger Health Care Systems, one of the Midwest’s leading operators, have announced plans for a development in Mishawaka, Ind. Construction is underway, and the facility is scheduled to open this fall.

The 100-bed development on Bodnar Boulevard in the Elm Road Medical Campus will feature skilled nursing, short-term rehabilitation, assisted living and Alzheimer’s/memory care.

Leaders of both companies said they hope the property will be the first of many they develop across the Midwest. They said they are beginning a strategic partnership, hoping to accomplish more together than they could individually, because their philosophies are similar and their missions are complementary. Mainstreet and Sprenger are working on plans for other developments in Ohio and Indiana.

“We work with only the best operators who treat seniors with dignity and give them the best possible care,” said Zeke Turner, Chairman and CEO of Mainstreet. “Sprenger has established a track record for enhancing lives and improving communities.”

Sprenger Health Care Systems is a family-owned and family-run business based in Lorain, Ohio. Grace Sprenger founded the company in 1959 when she opened a 26-bed nursing home in Amherst, Ohio. A passion for caring for the elderly and a tradition of commitment to quality healthcare have helped Sprenger evolve into Northeast Ohio’s premiere network of rehabilitation, nursing, assisted living and independent living centers.

Sprenger Health Care Systems has established a reputation for civic concern and involvement in each of the communities it serves. The Sprenger philosophy is to encourage employees to get involved and volunteer in local organizations such as the Chamber of Commerce, Rotary Club and city schools. And Sprenger is committed to supporting organizations that raise money for diseases that affect the local community.

“The Sprenger organization is looking forward to becoming part of the Mishawaka community,” said Scott Sprenger, President of Sprenger Health Care Systems. “Our partnership with Mainstreet is the catalyst to bringing a higher standard in health care and rehabilitation to Indiana and the residents we serve.”

Providing healthcare for a variety of short-term and long-term needs, Mainstreet offers guests concierge-based health care in a hotel-like atmosphere. Mainstreet’s next-generation design includes multiple social destinations, restaurant-style dining, spacious private rooms and baths, and therapy/wellness.

Mainstreet was named to the Inc. 500/5000 list of fastest-growing companies in both 2010 and 2011. It has been listed as the third-fastest growing private company in the area by the Indianapolis Business Journal and one of 41 “Companies to Watch” in the state by the Indiana Economic Development Corporation, Purdue University and the Edward Lowe Foundation. For 2012, Mainstreet has identified 10 new locations and has begun the land acquisition process in Illinois, Ohio and other Midwestern states.

For more information about Mainstreet, visit http://www.mainstreetcap.net/. For more information about Sprenger, visit http://www.sprengerretirement.com/