Recovery Centers of America buys Devon site
Recovery Centers of America, developer Brian O'Neill's fledgling chain of addiction treatment centers, on Friday bought a shuttered nursing home in along Route 30 for what is expected to be its fifth facility.
"We are going to recondition the existing building and try to get open in 4 months," O'Neill said.
The treatment facility is expected to employ more than 100, he said. As a nursing home, the site employed 124, according to a September layoff notice to the Pennsylvania Department of Labor and Industry.
O'Neill did not disclose what Recovery Centers paid for the 6.1 acre property with 196,621 square feet of building space. It was assessed this year for $7.6 million.
Recovery Centers has opened facilities in May's Landing, N.J.; Westminster, Mass.; and Earleville, Md. A fourth facility is expected to open this month in Danvers, Mass.
Locally, the private-equity backed company plans additional sites in Blackwood and Paoli, O'Neill said.
Recovery Centers had picked out a site in Mount Laurel, but gave it up because "we had other sites that we could have gotten done faster," O'Neill said.