Headline News about Retirement Living

Read the continuing story of an exciting community.

SearStone Residents Donate 1,600 Pounds of Food to Inter-Faith Food Shuttle

November 21, 2014

Cary, N.C., Nov. 24, 2014 Even though SearStone is only one year old, it's already having a significant impact on the local community. Residents of the retirement community generously donated unused dining credits that were then used to purchase food for the Inter-Faith Food Shuttle, a local hunger relief organization that serves seven counties. On Nov. 7, IFFS's director of food sourcing picked up 1,600 pounds of food from SearStone.

The donation consisted of canned and packaged staples such as diced tomatoes, tomato sauce, ketchup, dried pinto beans, dried black beans, dried great northern beans, brown rice, whole wheat pasta and kidney beans. IFFS will use these items for its Culinary Education program, which helps residents learn how to cook easy-to-prepare meals at home. Without the donation, the organization would normally have to purchase these pantry staples itself.

This latest effort continues SearStone's tradition of giving back. Even before the community officially opened in November 2013, staff had donated appliances to and organized holiday Angel Tree programs for The Carying Place. As part of its charter as a not-for-profit, SearStone also donates five percent of its gross revenue to local nonprofits that benefit seniors.

"The dining prices at SearStone are very reasonable, and there are times when we aren't able to spend every dollar of our dining credit," said Anne Schick, SearStone resident and director of the Resident Dining Committee. "We decided in October to give residents the opportunity to use their leftover credits to help purchase food for the Inter-Faith Food Shuttle."

"I'm very proud of our residents and staff who participated in and coordinated this food donation," said Chris Romick, SearStone's executive director. "Especially as the holiday season approaches, we're very mindful of those in our community who are struggling. We hope this food donation will help in some small way."

SearStone Celebrates First Anniversary, Assesses Positive Economic Impact

November 16, 2014

The SearStone continuing care retirement community welcomed its first official residents on Nov. 1, 2013. To help celebrate the community's first anniversary, residents, staff and board members attended a special ceremony on Nov. 7 to recognize the occasion and dedicate the lake around which the community is centered.

The first anniversary also served as an appropriate milestone to assess SearStone’s contributions to the local economy. SearStone's management team has released the following figures illustrating its economic impact in its first year of operation:

  • 81 full-time employees
  • 38 part-time employees
  • Annual payroll of $3.3 million
  • $60 million in construction costs, materials and manpower (using mostly North Carolina contractors)
  • 200 construction workers onsite at any given time
  • $336,000 spent annually on food supplies
  • $38,400 spent annually on plants/landscaping
  • $156,000 donated to local charities so far through the SearStone/Lutheran Services Carolinas Community Benefit Committee
  • $25,000 estimated spent with local moving companies

Upon completion of future phases of the community, SearStone is expected to employ nearly 300. Other positive contributions include resident food drives, donation of meeting spaces, and hosting cultural activities like lectures, concerts and art open houses. As written in SearStone’s charter as a nonprofit organization, it will also continue to donate five percent of its gross revenue to local nonprofits that benefit seniors.

"When SearStone was just a distant dream of our founder Bill Sears', he knew he wanted it to be an asset to Cary," said Chris Romick, SearStone executive director. "These figures representing a portion of our positive economic impact show we are well on our way to achieving that goal.

SearStone retirement community celebrates one-year milestones in Cary

November 16, 2014

One year after the Searstone continuing care retirement community welcomed its first resident in Cary, the Searstone management team has released a few facts and figures about the community's economic impact, so far.

Read more.

  

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