GRAND TRACADIE – A new apartment complex in Grand Tracadie could be the beginning for APM of building senior's housing units in rural locations.
Located at the corner of Route 6 and Watts Road, Frankie's Place is named in honour of Carrie MacNabb’s late uncle, Frankie MacNabb. Carrie is married to APM's chief executive officer, Tim Banks.
“It is a memoriam to Frankie and his mother, Mae, whose families, the MacKinnons and MacNabbs, lived on the site for well over 100 years,” states a news release from APM.
Frankie's Place held an official opening on Friday along with an open house during the weekend.
Frankie’s Place has eight apartments with in-floor heating, large rooms, storage and natural light.
"The complex is a secure, senior-friendly facility that will allow residents to stay in their rural community well into retirement," states the release.
Banks said while moving is a major decision for seniors, it may be the right one for many.
"Residents will not have to worry about the cost and work involved with maintaining a home. With the low rental rates we are offering, making the move to Frankie’s Place might just make sense. We expect Frankie’s Place to be fully occupied this winter because of the rental incentives we are offering. Anyone who is interested can contact us for more information.”
Banks said Metro Credit Union had a key role in the project and that he hopes to build more such senior's units in rural Island communities in the future.