Retirement Community in Westchester County, NY

Broadview Timeline: From Vision to Vibrant Community 

2003: A Visionary Challenge: In 2003, Purchase College President Thomas Schwarz challenged a committee of faculty and Foundation board members to create a vision for the next step for the college that would align with its commitment to lifelong learning and provide financial security for its students and faculty.  The committee’s discussions, fueled by creativity and foresight, led to the groundbreaking idea of creating a senior learning community. This community would be uniquely integrated with the college, fostering an intergenerational learning environment while also securing a new revenue stream to support students and faculty. The committee’s proposal laid the groundwork for the Purchase College Advancement Corporation (PCAC), a dedicated 501c3, to turn this innovative concept into a tangible plan and to navigate the complexities of state approvals required to bring the vision to life.

 2004: Initial Approval

The SUNY Board of Trustees endorses the Senior Learning Project,  setting the stage for groundbreaking developments.

 2011: Legislative Milestone

The New York State legislature passes a pivotal bill authorizing the lease of 40 acres on the Purchase College campus for the senior learning community, with the stipulation that rental proceeds will exclusively benefit student scholarships and faculty support.

 2012: Assembling the Dream Team

PCAC selects a project team including Life Care Services Development, Senior Care Development,  HJ Sims, and Hart Coplan Mach, tasking them with crafting a detailed development plan.

 2018: Strategic Expansion

To streamline operations and financing, PCAC establishes a separate 501(c)(3), the Purchase Senior Learning Community (PSLC). The Westchester Local Development Corporation (LDC) issues $15 million in bond anticipation notes to fund pre-development activities, including marketing and environmental assessments.

 2021: Resilience Amidst Adversity

Despite the challenges posed by COVID-19, the community reaches a critical pre-sold milestone of 70%, enabling the repayment of bond anticipation notes and securing construction financing. In October, approximately $400 million in tax-exempt bonds were issued by the Westchester LDC to finance construction.

 2023: A Warm Welcome

Broadview opens its doors to its first residents in December, while the construction of its state-of-the-art healthcare facility, Highpoint, advances.

 2024: Financial and Construction Milestones

PSLC retires all short-term debt and celebrates the completion of Highpoint, enhancing the community’s healthcare offerings.

 2025: Licensing Success

The New York State Department of Health grants Highpoint its license to operate Assisted Living and Memory Care services, marking a full circle of commitment and care at Broadview.