Rockwood Retirement Communities has completed its final round of bond financing for its Rockwood at Whitworth redevelopment project with $81.3 million in bond financing to be used to construct the second phase of the project.

The second phase will include 117 independent-living apartments, as well as common areas such as a theater, coffee shop, bar and lounge, salon, and fitness center.

Eowyn Sallis, director of marketing for Rockwood Retirement Communities, says the second phase of the project will take about 20 months to complete. Sallis says Rockwood plans to start construction on the second phase next spring. 

The total cost of redeveloping Rockwood Hawthorne, at 101 W. Hawthorne Road, into Rockwood at Whitworth is about $150.3 million. Work on Palvella Glen began in November 2019 and was financed through a $39 million bond. Palvella Glen will house 48 assisted-living apartments, 24 memory support suites, and common spaces. The first phase is expected to be completed in March.

Both phases were designed by NAC Architecture and are being constructed by Walker Construction Inc., both of Spokane.