LCS Development Breaks Ground on Greenwood Village South Expansion

LCS Development is preparing to break ground for an exciting expansion at Greenwood Village South (GVS), a premier Life Plan senior living community in Greenwood, Indiana. The project includes 42 new independent living apartments, known as The Village Flats, along with 27,000 square feet of new commons and amenity space. 

“Seeing a four-year planning effort close financing and come out of the ground in 2025 is nothing short of amazing,” said Dan Novelli, Director, LCS Development. “This is truly a transformational undertaking for Greenwood Village South and a testament to the commitment of the board of directors, community team members, and project partners.” 

The expansion will introduce a natatorium, coffee shop and bistro, library, game room, fitness center, courtyard with gathering areas, classroom space, administrative and marketing suite, and a 275-seat auditorium. The project also features a redesigned front entrance, enhancing both accessibility and curb appeal for the community. 

“This expansion represents the culmination of years of thoughtful planning and expert guidance from LCS Development. Their vision and leadership have helped us navigate every step of this journey - from concept to financing to groundbreaking,” said Jordan Morrow, Executive Director, Greenwood Village South. “I’ve been honored to champion this project on behalf of our residents and board, working alongside an incredible team of partners whose dedication and expertise are second to none. Together, we are ensuring that Greenwood Village South not only meets the needs of today’s seniors, but continues to set the standard for vibrant, future-focused senior living.” 

Construction will begin September 16, 2025, with a groundbreaking ceremony tentatively scheduled for September 30, 2025. The project is expected to be completed by Summer 2027. 

“The commitment and dedication demonstrated by our entire team throughout this project has been exceptional,” said Ted Bolles, Project Development Manager, LCS Development. “We are proud to be moving into the construction phase this year and look forward to opening our doors in 2027 to welcome our new residents.” 

GVS recently received an investment-grade credit rating of BBB- from Fitch Ratings. Fitch is a top provider of credit ratings, commentary, and research in the senior living sector. The rating affirms GVS’s overall financial health and stability following master planning led by long-time partner, LCS Development.  

Key partners for the expansion include: 

Project partners shared their excitement about the expansion:  

“It has been exciting to be part of a collaborative team dedicated to creating positive change at Greenwood Village South,” said Brooke Borelli, AG Architects Project Manager. “The Village Flats and expanded commons will enrich the campus experience through wellness-focused amenities, neighborhood connectivity, and a strengthened sense of community.” 
 
“Meyer Najem is thrilled to begin construction of the new additions and renovations at GVS,” said Adam Windler, Project Executive. “This state-of-the-art facility will bring comfort, care, and connections to current and future residents. We appreciate the hard work of the community, development, finance, and design teams to get us to this point and we look forward to delivering this project to the Greenwood community.” 
 
“Ziegler has had a great partnership with Greenwood Village South for over 25 years,” said Tom Myers, Senior Managing Director at Ziegler. “The new independent living hybrid homes and commons area additions will help GVS to remain a vibrant and attractive community that is connected to the seniors of Greenwood. As baby boomers are looking for retirement alternatives, this is the right project being executed at the right time.”  
 
“We’re honored to be part of the Greenwood Village South team and to help bring this next phase of the community to life,” said Kelley Hoffman, Interior Designer and Senior Partner at RDG Planning & Design. “Our design work is focused on warm, welcoming environments that enhance functionality and comfort in both the hybrid homes and commons spaces. These enhancements reflect a forward-thinking vision and commitment to resident well-being.”