Senior Living Developments

Changes to an affordable housing financing program is prompting excitement in the development community. GrowthSpotter spoke with industry leaders who share their outlook on the new guidelines.

The golf course owner claims to have been losing $500,000 per year, but redevelopment plans are drawing a strong opposition from surrounding residents.

The new master plan includes the addition of senior housing and sports medicine components to the project.

The sale represents a 500% profit for seller, a Vero Beach investor who bought the park in 2010 for $8.75 million.

Lonnie Peterson is credited in growing the architecture and engineering firm headquartered in Orlando, which started off as a one-man operation in 1978.

The Florida-based entrepreneur wants to transform an old horse ranch into an assisted living complex with independent living villas and a community clubhouse.

The proposed $26 million project is in an opportunity zone and a block from the city's proposed Sailing & Conference Center.

The developer is proposing three new neighborhoods, including a new age-restricted community next to Del Webb Orlando at Ridgeview Lakes.

The 120-unit assisted living facility would include a movie theater, chapel, hair salon, barber shop, bakery, coffee shop, sports bar, while the memory care area would have dedicated dining facilities, courtyard, and amenities.

The proposed PUD includes a 10,000 square foot expansion of the existing church site, as well as a new 60-bed assisted facility and gymnasium/auditorium.

The project is slated to open within the next 18 months in the growing Viera master-planned development, which stretches thousands of acres in and around Melbourne.

The project would bring nearly 450 market rate apartments and senior housing units on Old Vineland Road.

The proposed project, called Cottages at Ocoee, is a 96-bed assisted living facility made up of four one-story residential buildings and one commons building.

The partners won Low Income Housing Tax Credits from the Florida Housing Finance Corporation last year in November.

The Municipal Planning Board meeting minutes go before Orlando's City Council next month. Opposing residents have exactly a week to file an appeal.

The developer will set aside two apartments for students to serve as a care companions who can help combat loneliness among its elderly residents.

First Baptist Church of Clermont is building a new 650-seat church at the corner of Hancock and Hartwood Marsh Roads, and it wants to extend its multi-generational ministry to an on-site assisted living facility.

This would be the company's third senior housing community planned in the Orlando market, along with projects in Poinciana and near UCF.

The proposed Mariposa Grove tower would bring 109 units of affordable senior housing to one of the most expensive neighborhoods in downtown Orlando.

Residents of the lakefront retirement community fear the developer is laying the groundwork to add apartments or condos in the future.

Site work will begin in August. The 178-unit active adult community is slated to open by the end of next year.

The developer builds resort-style retirement communities across the nation. In Florida, it oversees at least five different communities, mostly located in Florida's west coast.

Most of the 139 apartments will be restricted to people who are 55 years of age or older and have limited income. The remaining 30 units will have no rent restrictions.

Demand for the first 70 units in Clermont Ridge was so high the developer bought the land next door to build another 49 senior apartments.

Under the new proposal, roughly 500 homes in Twin Lakes would no longer be age-restricted.

The mixed-use district at the busy I-4 interchange will be getting vacation townhomes and an age-restricted apartment complex as it approaches buildout.

The developer plans to break ground on its first active adult community in about a month and thereafter expects to begin construction on similar projects in Debary and Kissimmee.

The buyer is a Chicago-based firm that specializes in all types of senior housing communities.

The company is seeking approvals to develop a roughly $20 million office project across from its assisted and independent living facilities in Winter Garden.

Not much vacant land is left in Orlando’s Waterford Lakes neighborhood, but one local developer is securing a corner lot for what would be his company’s first senior housing development.