Cape Memory Care, an assisted-living complex in Cape Elizabeth for residents with memory problems such as Alzheimer’s disease, held its grand opening Thursday.

The facility, owned and operated by Waterville-based Woodlands Assisted Living, is on a 5-acre lot off Scott Dyer Road, the former site of the Viking nursing home.

Thirty-six of the planned 72 residences will be open Nov. 15, said David Rogers, Cape Memory Care’s director of admissions and community relations. Remodeling of the building’s second floor is scheduled to be complete this winter. Rogers said 12 rooms on the first floor and eight on the second floor will be reserved for MaineCare patients. The facility, which will charge residents $200 to $230 daily, will employ about 50 people, he said.

Woodlands said it has invested $7.5 million in the property, one of the largest private investments ever made in Cape Elizabeth, said Town Manager Michael McGovern.

The property’s assessed value for 2010 was about $2 million, down from $3.4 million in 2009, before the demolition of one of two structures.

The Viking nursing home closed in 2005. Oregon-based Sunwest Management Inc. bought the property in 2006, but its plan for an assisted- and independent-living facility never reached fruition.

The property was sold at auction to Woodlands in November 2009 for $800,250, according to town records. At the time, the property had two adjoining buildings. Woodlands demolished one and renovated the other.

Jonathan Hemmerdinger can be reached at 791-6316 or at:

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