Cabarrus II, now named “The Drake”, began construction in September of 2019 and is nearing completion as of July 2021. Comprised of 35,000 square feet, the community features 66 beds, housed in 58 private and semi-private units serving both Assisted Living and Memory Care residents. The new community, which is the final facility of four in the North Carolina Senior Living Project, is located at 1195 Drake Mill Lane SW Concord, NC 28025.
A total of $4.5 million in EB-5 funds were invested in the project.