The McGregor Foundation, a Cleveland nonprofit, and CHN Housing Partners have plans to construct two facilities on the land.
A joint senior services center and independent housing project is set to be heard by Elyria City Council after it was approved by the Planning Commission last week.
McGregor will build a PACE (Program for All-inclusive Care for the Elderly) facility on the land. PACE facilities provide medical and social services to seniors who require a nursing home level of care, but want to remain in their community, CEO Ann Conn said.
The McGregor facility will create at least 40 full-time jobs and will see a $6 million investment that comes from American Recovery Plan Act (ARPA) funds.
The second part of the project will be a 70-unit, 55+ independent living community to be co-developed by McGregor and CHN.