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Wednesday, Dec 7, 2022
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St. Paul’s Launches $17M Capital Campaign

St. Paul’s Senior Services is in the midst of a $17 million capital campaign to fund extensive renovations to St. Paul’s Manor, the independent living community in Bankers Hill that has supported area seniors of modest means for over 60 years.

The Manor is the flagship of St. Paul’s Senior Services, which has boosted the quality of life for thousands of independent seniors since it first opened in 1963.

 

Now, the nonprofit’s Bankers Hill building is in need of both cosmetic and infrastructure updates throughout the 11-story structure.

 

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Construction is set to begin this year. Renovations and enhancements will include updates to the building exterior and common areas, including the addition of a new pub. Upgrades to mechanical, electrical and plumbing infrastructure are also planned as well as cosmetic and structural updates to the facility’s 134 apartments.

 

The renovation is expected to be completed by the fall of 2022. Applications for premium apartment selection are currently underway for potential new residents.

 

“We have a lot of residents who can’t wait to enjoy all the improvements, especially the addition of central AC and new kitchenettes,” said Damien Rapp, administrator of St. Paul’s Manor. “We also look forward to welcoming a new generation of active, retired seniors to our community.”  

So far, St. Paul officials say they have received $7.8 million in gifts and pledges toward the $17 million fundraising goal.

 

Many of those gifts were given at this year’s special fundraising gala, “Opal from the Outback,” which was also a celebration of long-time former president and CEO Cheryl Wilson, who retired after leading St. Paul’s for three decades. The gala netted a total of $200,000, with all proceeds benefitting the Manor’s renovation campaign.

 

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Commercial real estate and property investment specialisty JLL announced that 28-year industry veteran Greg Bisconti has joined the firm’s San Diego Life Science team as Tenant Rep Lead and Executive Managing Director.  

Based in JLL’s San Diego office, Bisconti will work exclusively with life sciences companies on their real estate and facility needs, both regionally and globally. He will also help JLL’s leadership in expanding and enhancing a National Life Sciences Tenant Representation Group.

Bisconti will team with JLL San Diego’s Life Sciences experts Chad Urie and Grant Schoneman.

 

“For several years, JLL has seen tremendous growth in the life sciences industry and the COVID pandemic has accelerated that growth,” said Peter Belisle, JLL Southwest market director.  “Greg’s expertise, reputation and passion for helping life sciences companies make him the perfect candidate to help us service and advocate for the specialized needs of the industry.”

Prior to joining JLL, Bisconti served as vice chairman and National Life Sciences Practice Group Leader at Cushman & Wakefield.

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