Capstone at the Oaks senior living complex nearing completion
Published 4:01 pm Tuesday, February 11, 2025
Construction on the Capstone at the Oaks senior living complex — a partnership between the Calcasieu Council on Aging and The Banyan Foundation — is expected to be complete this summer.
CCOA Executive Director Jackie Green said during a “topping off” ceremony Tuesday at the 6th Street site that 85 seniors are already on the waiting list for one of the 120 units available. Staff members have also applied.
She said 66 units will have one bedroom and 54 will have two bedrooms. Residents will be required to be 62 or older, and meet the requirements outlined by the low-income housing tax guidelines.
“We’re going to have our CCOA family here to make sure we have local people on site who are familiar with the area who can say, ‘I know where the pharmacy is, I know who to call if you can’t pay your light bill, I know who to call if you’re running short on groceries.’ We’re going to be feeding folks daily here, we’re going to be coordinating transportation and making sure they’re playing bingo once or twice a week in the common room. We’re very excited and looking forward to it.”
The Banyan Foundation is a non-profit affordable housing development organization based out of Santa Barbara, Calif., that specializes in multi-family housing with an emphasis on senior housing.
Mayor Nic Hunter said when he originally met with The Banyan Foundation about possible locations in Lake Charles, he asked if their group would be willing to invest in an area of the city that hadn’t received such an investment in decades.
They were.
“And now we have the complex nearing completion, we have a park being built adjacent to the complex and the Lake Charles Fire Department Training Center being built around the corner,” Hunter said. “That’s about $35 million in investment dollars in a two- to three-block area. That’s unprecedented.”
Green said Banyan Foundation members — who took the time to connect with the culture and needs of the area before developing the project — have become like family.
“They care about what we care about and what’s important to us and our community,” she said. “This is our community and they are now part of that community and they listened and they understood what we were telling them of what was important to our Calcasieu residents.”
Rob Coats, president and CEO at The Banyan Foundation, said the project is using local supplies and local construction crews. It’s also being built to Fortified Home gold standards — including enhanced nailing, a sealed roof deck and locked down edges to give the complex the best chance of weathering a storm.
“When we have the next hurricane, this particular building will be standing and it will be in good condition,” he said.