<p>With work well under way on Phase II, Paric is set to begin a $4.6 million renovation project of an existing skilled nursing facility at the Village of St. Mary's "Villa Theresa" Continuum of Care Retirement Community (CCRC) in O'Fallon, Mo, in addition to a $9.5 million in-progress two-phase senior living renovation. Paric leads both projects as construction manager.</p>
<p>The 51,000-square-foot skilled nursing facility renovation is expected to begin in February, with an estimated 10-month timeline for completion.  <br />Phase II of the housing development project, which includes renovation of approximately 21,000 square feet of existing space into 15 affordable apartment units for seniors began in October. Phase I was completed in September.</p>
<p>The project is a joint venture between The Sisters of the Most Precious Blood and McEagle Properties, LLC.  The Lawrence Group is the architect.</p>