June 16, 2004

The Legacy Village Mission and Opening of Information Center

April 27th Grand Opening & Ribbon Cutting of the Legacy Village
Marketing Center

Dr. Cohagan, President of the Board of Northwest Arkansas Senior Services: “The grand opening of the Legacy Village Marketing Center,
moves us one step closer to our dream, of developing a world class retirement center in Northwest Arkansas.

The Marketing Center is located at 1137 NW J, (located one block west of North Walton Blvd. The street behind Braum’s and Mazzio’s).

We are pleased that so many have joined us today for this celebration. We invite the community to visit the Legacy Village Marketing Center and learn about this exciting new housing option for seniors in Northwest Arkansas!”

Background:
Legacy Village will be a 48-acre Senior Retirement Community located in Bentonville at Northeast J Street and Northeast John DeShields Boulevard, directly across from First Presbyterian Church.

Legacy Village is being developed and will be owned by Northwest Arkansas Senior Services Inc. (NWASSI), a non-profit organizations made up of Rogers and Bentonville residents interested in addressing the housing needs of seniors in their communities. Community Development Corp. Bentonville/Bella Vista Inc. and Prime Time Environments of Oklahoma City are serving as developers for Legacy Village.

Dr. Don Cohagan, President of the Board of Northwest Arkansas Senior Services: “It has been our dream for many years to develop a world class retirement community that will meet the growing needs of seniors in our area. Our vision and our master plan for Legacy Village’s 48 acre site includes: garden homes, senior apartments with a community center, assisted living and a nursing home. Legacy Village will have a continuum of exceptional care and quality living.”

Page 2 of 2: Legacy Village

The first phase of the 48-acre community will include 33 Garden Homes, two parks and a Club House. Reservations are now being taken for the Garden Homes, with construction projected to begin this fall.

Dr. Cohagan: “Legacy Village will be more than just a place for seniors to live, it is designed to be similar to neighborhoods of the past, where neighbors know and care about one another. The homes are designed with large front porches and the garages are located at the back of each home serviced by an alley, leaving the front yards with wide sidewalks creating a pleasant area for walking and enjoying lush landscaping and the Gazebo Park, Fountain Park and Club House. It is going to be an exceptional place to live.”

The Garden Homes of Legacy Village will range from 1,400 to 2,900 square feet and will include a private patio and two-car garage. Legacy Village will provide seniors with a “carefree lifestyle”. Residents will pay an entry fee, a percentage of which is refundable when a person leaves and a monthly service fee. This fee will cover costs such as utilities, taxes, insurance, interior and exterior maintenance, yard care and weekly housekeeping. Only telephone and cable will not be covered in the monthly fee.

The 4,000 square foot, multi propose Club House will have a country kitchen, where residents can meet informally for coffee, flexible meeting rooms for private parties, family reunions, club meetings and other social uses, a fitness center, a computer business center, state-of-the art media room and outdoor patio complete with kitchen and outdoor grilling facilities.

Legacy Village Marketing Center, located at 1137 NW J, is open Monday to Friday 10:00 to 2:00 and by appointment. The community is invited to come learn more about this new development for seniors in Northwest Arkansas.

For additional information about Legacy Village, please call Nancy Leake,
479-273-7862.

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