One of Lincoln's longest serving senior living facilities made a big announcement Monday.

Eastmont Towers Retirement Community announced their $50 million expansion project.

The project will add a lap pool, wellness area, new fitness equipment, outpatient therapy and 43 new apartments.

Eastmont said the expansion will help them serve current and future residents

"This just gives us the opportunity to continue to build upon our success and really prepare for the future," executive director Andrew Fisher said.  "We have future clients that out there, future customers that are looking for these amenities and really want a lifestyle that we're positioning for."

Eastmont said they currently serve just over 200 residents.  They said when the project's complete by 2022, they'll serve 270 residents.

Fisher said the majority of the funding will come from tax exempt bond financing.