|By Lawrence Budd, Dayton Daily News, Ohio|
|McClatchy-Tribune Information Services|
More than 5 million Americans suffer from Alzheimer's. That number is expected to balloon to more than 16 million by 2050 "barring the development of medical breakthroughs to prevent, slow or stop the disease," according to the
Private developers and investment firms are behind some efforts to meet anticipated demand for services.
"You can bet that investors are certainly scanning the demographic environment to be the first to invest in it," said
Similar facilities are planned by out-of-state developers in
"This is happening all over the nation," said
The Wegman-Columbia partnership already operates
Over the next year, it plans to open new facilities in
Rates have not been set at Springboro Senior Living, which would accommodate 111 residents, including a 25-bed unit for memory care for seniors who can afford to pay privately, McEntee said.
It would employ about 60 people -- 35-to-40 full-time -- on 7.5 acres on west
The center would be part of a
Next spring in
JEA, based in
"They want to start building as soon as they can," said