ABOVE: Harmony at Bellevue, an assisted living facility, could soon rise on this property near Chaffin’s Barn. // VINCE TROIA PHOTO
By VINCE TROIA
A family ranch on Highway 100 just past Chaffin’s Barn Dinner Theater has been sold for nearly $4 million, setting the stage for a proposed assisted living facility.
The family estate is adjacent to Moore and Moore garden center and across the highway from The Lodge at Natchez Trace, one of three care facilities to be built along the highway in the last half-decade. Just down the road is the large-scale NHC Place at the Trace, which opened in 2016.
Plans for the new facility, to be named Harmony at Bellevue, according to the new owner, calls for 180 units — 85 independent living space, 63 assisted living units, and 32 memory care ones.
New owner is an entity affiliated with Roanoke, Va.-based Smith-Packett Med-Com, LLC, which reportedly paid $3.9 million for the 8.5-acre property. Metro records show the seller was a family estate that purchased the property at 8234 Highway 100 for $7,000 in 1957.
The development is expected to cost nearly $40 million, said Terry Howard, CEO of Smith-Packett’s management arm Harmony Senior Services. Howard said Harmony intends to break ground next month and has set a completion date in late spring 2021.
Harmony at Bellevue will be the company’s fourth in Middle Tennessee.
Most recently, Smith-Packett announced an assisted-living facility in Mt. Juliet, a 19,000-square-foot, 190-unit project at a cost of nearly $38 million. That location is still under development, Howard said.
Howard said Smith-Packett is not yet done with Middle Tennessee — its farthest expansion to the west — as there is still demand for senior living facilities.
“We are bullish on Tennessee, and the early returns we are seeing are very encouraging,” he said.
The company’s other two locations include Crossing at Brentwood and Crossing at Victory Station in Murfreesboro, both of which were completed in the past year.