Senior Living Developments

• Tampa pharmacist pays $3.15M for historic downtown Kissimmee ALF

  A historic landmark building in downtown Kissimmee sold last week to a Tampa pharmacist and investor for $3.15 million. Kona Properties LLC purchased the Greenleaf Assisted Living Facility at 509 W. Verona Street, about a block from Courthouse Square. Built in 1919, the two-story building originally...

• Boyd affiliate, in joint venture, plans adult living for Hamlin

  Boyd Development Corp. is part of a joint venture planning to develop an 85,789-square-foot adult-living facility along Hamlin Groves Trail in Horizon West, according to plans filed with Orange County. The Blake at Hamlin would be built on 3.26 acres adjacent to Horizon West Sportsplex land northeast...

• Growing mixed-use plans for key Seminole parcel move along to state

  Palmeira Holdings’ plans for a large-scale development at the 110-acre site in Seminole County known as Reagan Center – and now referred to as Parkside Place – have grown, and have passed an initial vote from county commissioners. “The density we have requested got approved ... without that density,...

• Construction date set for Lake Nona Assisted Living Facility

  Three years after announcing plans for Lake Nona's first assisted-living facility (ALF), the developer has a construction start date of early 2019. Stonegate Development Company secured a $2.1 million bridge loan this week from LV Lending, which allowed the project to move forward, according to...

• Benge Development outlines big 429 West mixed-use project in Apopka

  Benge Development revealed on Monday plans for a 100- to 130-acre mixed-use development at the northwest corner of state roads 429 and 441, with an early cost estimated of $400 million, that stands to become the largest in development along the Western Beltway north of Florida’s Turnpike. Plans...

• Polk developer seeks mixed-use rezoning for Winter Haven site on U.S. 27 corridor

  A Polk County physician and development partner have applied to Winter Haven for a Planned Unit Development (PUD) to allow commercial uses and up to 500 apartments on vacant land near the intersection of U.S. 27 and Cypress Gardens Boulevard. Planning Director Eric Labbe said the new PUD would...

• Park Square Homes execs prep first senior living project in Ocoee

  Principals behind local developer Park Square Enterprises are pursuing their first senior housing development in Ocoee, pairing it with a memory care facility next door that could offer client synergies for decades to come.   Located at 868 Roberson Road, the 10.47-acre vacant residential parcel...

• LIFT lines up tax credits for senior housing phase of Pendana, seeks contractors

  Local non-profit organization LIFT Orlando has nailed down key Low-Income Housing Tax Credits (LIHTCs) to press forward with Phase 2 of its Pendana at West Lakes affordable senior housing near downtown Orlando, and is trying to line up subcontractors as soon as possible.  The 200-unit Phase 1 apartments...

• New 55+ community planned as next phase of Cagan Crossings in Clermont

  A Clermont-area mixed-use development of homes, shops and restaurants may soon welcome a $22 million age-restricted senior housing community. New plans for the 55-plus community "The Orchard at Cagan Crossings" show a 136-unit, four-story complex with a mix of surface and covered garage parking,...

• Sun Terra signs Jones Homes for land in Harmony West expansion

  Jones Homes USA is expanding its footprint in Osceola County's St. Cloud market by reaching a deal with master developer Sun Terra Communities for Phase 1 of Harmony West. Sun Terra Principal Richard Jerman told GrowthSpotter the Altamonte Springs-based homebuilder has signed a contract to buy...

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• Investors look to convert part of Maitland's Jewish Federation campus for ALF

  Local commercial real estate consultants have part of the Jewish Federation campus in Maitland under contract, with plans to convert an existing building into a senior living and memory care facility. Located at 851 N. Maitland Ave., the 13-acre property is owned by the Jewish Federation of Greater...

• West Coast senior living developer expands Florida presence w/Winter Springs project

  A Washington state-based senior living developer will begin work soon on an independent living community in Winter Springs’ Town Center, the firm’s seventh retirement community in Florida. Hawthorn Retirement Group should start work within the next few months on the four-story, 145-suite senior...

• Apopka's New Errol developer begins clearing golf course, seeks subcontractors

  Celebration-based Signature H Property Group has begun clearing parts of the 400-acre Apopka Golf and Tennis Club at Errol Estates and is seeking subcontractors in advance of a July mass grading start. Final approvals were granted on April 11 by Apopka's City Council for a rezoning, Master Plan...

• Land owner seeks commercial use options in path of Daryl Carter Pkwy extension

  A primary land owner in the path of the future 1.6-mile extension of Daryl Carter Parkway wants to amend zoning to allow retail and other commercial uses, meant to open the area up to new development on the horizon. The change is being sought by The Kerina Group, a land owner with more than 220...

• Developer behind Apopka's Errol golf course redevelopment earns key approval

  Celebration-based Signature H Property Group earned a key City Council approval on Tuesday night in Apopka to redevelop parts of the 400-acre Apopka Golf and Tennis Club at Errol Estates, and remains on pace to break ground in the fourth quarter on Phase 1 buildings and golf course renovation. ...

• Broker looking for development partners on Kissimmee mixed-use project

  A group of Winter Park real estate investors are looking for development partners for a 39-acre parcel next to Kissimmee's Shingle Creek Regional Park. Colony Realty Group President Tom Lightsey told GrowthSpotter he and partners received Mixed-Use PUD zoning from the city in December for Shingle...

• Tavistock strikes deal w/Toho Water to build new Sunbridge water plant in Osceola

  Tavistock Development Company will build a water treatment plant capable of producing 7 million gallons a day of drinking water for the Osceola County portion of Sunbridge. It's just one example of the unique scale of the 24,000-acre master-planned development -- a project so large the Florida...

• Tavistock pursues mixed-use entitlements for 43 acres near Windermere

  Tavistock Development Company is refining plans for a new 43-acre mixed-use development at one of the unofficial gateways to Windermere.  Through affiliates, the developer has long owned the property at the northwest corner of Conroy Windermere and S. Apopka Vineland roads, set on the eastern edge...

• Downtown Orlando land owner distances self from 40-story medical tower concept

  The owner of a downtown Orlando parking lot for sale at $10 million is refuting claims by a new local developer that his property is tied up in plans for a trio of medical service towers.  Tabitha Ponte, architect and CEO of Lake Nona-based Ponte Health founded in 2016, began publicizing plans...

• Sun Terra sells Harmony town center retail and golf course for $7M

  Sun Terra Communities has divested of another swath of property in the Harmony master-planned community east of St. Cloud, selling the community's golf course, town center and undeveloped retail land for a combined $7 million. "It benefits us because we really want to focus on Harmony West and...

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• Winter Park's The Mayflower files expansion plan request for 16 acres

  The Mayflower Retirement Community in Winter Park has readied plans for seven new buildings as part of a revived expansion plan for its 29-acre campus, and will seek city approval next month for the concept and a crucial rezoning.  GrowthSpotter first reported in September that The Mayflower management...

• Related Group pursues tax-exempt bonds for $14M elderly apts project in Orlando

  Miami-based developer The Related Group, along with the Orlando Neighborhood Improvement Corporation, is pursuing $12.65 million in tax-exempt bonds to fund new construction of the second phase of an affordable housing complex in west Orlando. Located at 3124 N. Pine Hills Road, the existing 35-acre,...

• Mainstay Healthcare plans new assisted living facility in Winter Haven

  Lakeland-based Mainstay Healthcare wants to expand its portfolio of assisted living facilities (ALF) by redeveloping the site of a motel and mobile home park in Winter Haven. The healthcare company is led by Mainstay Financial principal Louis F. Garrard, and specializes in in the affordable housing...

• Developer planning office bldg conversion to ALF will add new memory care facility

  A Winter Park developer that announced plans in May to convert an office park in Seminole County into an assisted living facility has broadened their concept to now include memory care, and new construction. Estapona Senior Living LLC paid $2.7 million in May for an office park at 7255 Estapona...

• AV Homes scraps Solivita condos and townhomes for more single-family

  AV Homes is scrapping plans to build condos and townhomes at Solivita, Florida's fourth largest retirement community.  The Arizona-based developer has applied for a major modification to its Planned Development for the community's fifth and final phase. Polk County's Development Review Committee...

• Westminster readies first expansion phase for Towers in Downtown Orlando

  Westminster Communities of Florida is readying the first phase of a multi-year, $60 million expansion at its Downtown Orlando assisted living property, with newly-filed plans for a parking garage under city review.  Located at 70 S. Lucerne Circle on the south side of downtown, the 6.5-acre Westminster...

• Group behind Apopka's Errol golf course redevelopment readies next step w/city

  Celebration-based Signature H Property Group is preparing to file its first Development Plan to redevelop parts of the 400-acre Apopka Golf and Tennis Club at Errol Estates, and has yet to hire an architect and residential construction manager, lead executives with the company told GrowthSpotter. ...

• Lakefront land in Dr. Phillips sells for $45M+ to three housing developers

  Three national developers closed last week for more than $45 million combined on 85 upland acres in Dr. Phillips, where 760-plus housing units are planned on what one builder calls the best residential infill site in Greater Orlando.  Based southwest of the intersection of Sand Lake and Turkey...

• Kettler exec shares details & imagery on $75M Celebration apartment complex

  Washington, D.C.-based developer Kettler is on track to break ground early next year on its first entry into the Florida market: a $75 million Class A apartment complex in Celebration, the project manager told GrowthSpotter on Tuesday. Kevin Peterkin, director of multifamily development for Kettler,...

• Memory care facility developers denied by Winter Park, mull legal options

  Winter Park commissioners unanimously denied on Monday night a developer's plans for a new memory care/assisted living facility on Lake Temple, rejecting staff's approval recommendation and a mediated settlement agreement that had been reached with the developer in recent months.  Dubbed "Villa...

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• Revised plans for Winter Park memory care facility near finish line after mediation

  Washington, D.C.-based luxury residential developer Brook Rose and a local partner are near the finish line for a proposed memory care facility in Winter Park after two years of negotiations with the city, and have yet to sign a builder or lender for the estimated $15 million-to-$20 million project. ...

• Developer wants to build affordable senior housing in St. Cloud's Stevens Plantation

  A Winter Park developer who just completed the second Madison Crossing senior housing complex on Kissimmee's E192 is eyeing a lot on St. Cloud's Stevens Plantation for a similar project. American Residential Development LLC (ARD) currently has a $1 million purchase contract for 4.5 acres in Stevens...

• Kissimmee City Council approves Park Square's new plan for Sonoma Resort

  For the second time this year, Park Square Homes is abandoning the vacation home business at one of its Kissimmee resort communities. The Kissimmee City Council voted Tuesday night to approve a new Planned Unit Development (PUD) and Developer Agreement with Park Square for Sonoma Resort in the...

• Winter Park retirement community pursues expansion on up to 16 acres

  The Mayflower Retirement Community in Winter Park is revisiting dormant expansion plans for its 29-acre campus next to Interlachen Country Club.  Located at 1620 Mayflower Court, off the 2400 block of Aloma Avenue, The Mayflower currently has 28 single-family villas built in 1996, 220 independent...

• Infrastructure planned for 58 acres in Oakland to support Pulte, future apts

  Local developer Dwight Saathoff's firm Project Finance and Development LLC is preparing plans for future senior living and multifamily phases on 58 acres in the west Orange County town of Oakland, 41 acres of which will first be developed by Pulte Group. Oakland commissioners approved a revised...

• CERTUS seeks rezoning near Dr. Phillips for 5th memory care facility project

  CERTUS Senior Living is pursuing its fifth memory care facility development near Dr. Phillips, but must win over area residents to faciliate a rezoning from low-density residential.  The developer filed a rezoning request on Friday with Orange County for two parcels totaling roughly 5.4 acres it...

• Guardian Care seeks rezoning for assisted living & nursing facilities

  Guardian Care, Inc., which has operated a highly-rated nursing home in Orlando's Washington Shores area for nearly 50 years, is ready to move forward on two-year-old plans for a five-story, assisted- and independent- living building, along with a skilled nursing care facility.On Monday, the Orlando...

• Developer has assisted living facility site ready in Casselberry, seeks end-user

  Developer Bill Parramore has been working since 2014 on getting Casselberry government approvals for his Breezeway at Lake Marie assisted living home project. Now the site is ready to go, and all he needs is an owner-operator. “I’ve had a lot of interest but nobody’s come forward with money to...

• Senior living group tabbed for next development at Ravaudage in Winter Park

  Dan Bellows' Benjamin Partners Ltd. has 3 acres of the 73-acre Ravaudage property in Winter Park under contract to a Vero Beach-based senior living developer, with plans for an assisted living and memory care facility.  A Development Review Committee meeting on Wednesday will focus on development...

• Kettler projects $115M investment in Celebration, rapid FL expansion

  Multifamily and mixed-use developer Kettler expects its planned luxury apartment community in Celebration to be the first of several deals in Central Florida as the company looks to gain a foothold in the Greater Orlando market, CEO Robert C. Kettler told GrowthSpotter.  "This development transaction...

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• Nalcrest planning first major expansion of retirement community in east Polk

  A Polk County community that was built in 1963 as low-cost housing for retired post office workers is planning for its first ever expansion. Nalcrest has applied to the county for a Comprehensive Plan Amendment (CPA) for 41 acres of undeveloped property north of the 500-unit retiree village. The...

• Local developer group seeks rezone for luxury senior condos in Kissimmee

  Orlando developer Tom Ginther is seeking a land use change and rezoning for 40 acres near Shingle Creek Regional Park for a luxury retirement development. "We're excited about it," Ginther told GrowthSpotter on Friday. "We think it's one of the most beautiful pieces of property in the city of Kissimmee."...

• AV Homes close to sales launch for final phase of Solivita

  AV Homes opens sales this month for the fifth and final phase of its highly successful Solivita active adult community, and the homebuilder is prepping new home sites at an accelerated pace to keep up with demand. Bob Kanjian, director of sales for the Arizona-based developer, told GrowthSpotter...

• Washington D.C.-based Kettler eyes Florida market entry in Celebration

  A Washington, D.C.-area developer that specializes in multifamily mixed-use projects is eyeing its Florida market entry via Celebration. Kettler has filed a conceptual plan for an 18.4-acre commercial parcel on Celebration Boulevard, right next to Adventist Health Sytem's new $20 million skilled...

• More restaurants and apartments in the works for ChampionsGate

  The nation's largest Panera franchisee paid $1.3 million last week for one of the last undeveloped lots in ChampionsGate Village. Covelli Enterprises owns and operates 77 Panera Bread locations in Florida, including 32 in the Orlando area. The company acquired the lot next to Red Robin, which faces...

• Osceola staff wants major changes to Tavistock Sunbridge plan

  Osceola County's planning staff is pushing for a dramatic rewrite of the Phase 1 master plan for Tavistock Development Company's Sunbridge project. Entitlements consultant Richard Levey and other members of the Tavistock team had an hours-long meeting in April with the county's Development Review...

• Winter Park senior care firm buys Fern Park office park, plans conversion to ALF

  The new owner of a Seminole County office park plans to renovate and repurpose its six buildings into a senior living facility, with a opening targeted for late 2018 or early 2019. Premier Senior Consultants of Winter Park paid $2.7 million for the office park at 7255 Estapona Circle, according...

• National senior living owner-operator to move HQ to Winter Park, seeks office space

  Oregon-based senior living owner-operator Holiday Retirement is seeking more than $1 million in multi-year tax incentives from Winter Park, Orange County and the state to relocate its headquarters office to Winter Park.  The company recently subleased 10,000 square feet of office space at Winter...

• Winter Haven to consider proposed 1,747-home, mixed-use community near U.S. 27

  Winter Haven officials are scheduled to vote this month on a proposed mixed-use development that could add more than 1,700 new homes near the intersection of U.S. 27 and Thompson Nursery Road. The city's Planning Commission has already recommended approval of the future land use and rezoning for...

• Orlando Health to build ER & medical complex at Tupperware SunRail site

  Tupperware Brands and Orlando Health officials jointly announced plans for a new $32 million free-standing emergency room and medical pavilion on Osceola Parkway, across from the new Tupperware SunRail station that opens in 2018. "They want to be turning dirt by October," Tupperware Vice President...

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• Blackstone Group buys Brookdale-managed senior living facility in Ocoee

  An affiliate of the Blackstone Group paid nearly $9.43 million on March 29 for a 105-bed senior living facility in Ocoee, part of a 64-property portfolio that's triple-net leased to Brookdale Senior Living, the largest operator of its kind in the nation.  The seller was an affiliate of California-based...

• Developer files mixed-use plans to redevelop Apopka's Errol golf course

  Celebration-based developer Signature H Property Group submitted a master plan on Friday to redevelop parts of the 400-acre Apopka Golf and Tennis Club at Errol Estates, and believes it has a new mixed-use model to save ailing golf courses, a lead executive with the company told GrowthSpotter. ...

• Summer construction planned for new assisted living facility in St. Cloud

  Brazil-based Copacabana Properties is ready to move forward on a three-story, 80,000-square-foot assisted living facility in St. Cloud. The developer purchased the 3.15-acre site on 17th Street in August 2015 for $1 million and retained FEG President Sam Sebaali to assist with permitting and engineering....

• Developer pitches new retirement community next to ChampionsGate

  Polk County developer Jean Marsan met with Osceola County planners Wednesday morning to get feedback on his proposal for a 156.4-acre gated retirement community on Bella Citta Boulevard, next to ChampionsGate. Marsan, owner of Marsan Realty and Better Built Homes, is proposing a total of 671 residential...

• Park Square Homes founders planning assisted living, daycare in Kissimmee

  Park Square Homes principals Suresh Gupta and his son, Vishaal Gupta, are reshaping their plan for a 11-acre site in the Brighton Lakes neighborhood off Pleasant Hill Road in Kissimmee. A family-owned affiliate company bought the site in 2012 in a tax certificate sale for $81,000. When the county...

• State funding for Parramore redevelopment project could be tied up by legal challenges

  A Winter Park developer specializing in affordable housing has a week to decide whether to continue a legal challenge that has delayed the funding award for Orlando's Parramore Oaks redevelopment project. The Orlando City Council in December unanimously approved the development plan submitted by...

• Assisted living facility proposed for Lake Nona

  The proliferation of assisted living facilities in the Orlando area continues in Lake Nona, where a three-story elderly care complex is proposed for the burgeoning community. Lake Nona Senior Housing LLC is behind the venture after buying a 10-acre vacant parcel on  Savannah Park Drive for $1.75...

• St. Cloud Council to consider annexation for new senior apartments

  The St. Cloud City Council is scheduled to vote Thursday on a voluntary annexation request from the developer of a new 36-unit apartment complex for seniors.  The project won unanimous support from the city's Planning Commission in December. Owner/developer Jose Quezada is seeking high-density...

• Developer to build four Alzheimer's care facilities in 2017, lender sought for fifth

  Orlando-based Certus Senior Living should break ground in January on the first of four $13 million Alzheimer's-focused senior care facilities in Central Florida it plans to start building in the first half of 2017, and will seek a lender for a fifth site later in the year, the company's CEO told...

• Westminster plans $4.5M learning center building at Winter Park community

  Westminster Communities of Florida is seeking city approval for a new activities and events building on the lakefront of its 42-acre community in Winter Park, a projected $4.5 million investment for which the company should select a general contractor in Spring 2017, a lead executive with the company...

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• AV Homes continues Phase 5 expansion at Solivita in Polk County

  Less than a year after AV Homes launched Phase 5 at Solivita, the developer has filed preliminary plans for another 165 lots in the active adult community.  In February, the homebuilder submitted engineering plans to the South Florida Water Management District for a 209-acre parcel in the southwest...

• Affordable housing developer pitches 2 senior apartment towers on Oak Ridge Rd

  Winter Park-based affordable housing specialist American Residential Development LLC (ARD) is proposing two age-restricted apartment towers in central Orange County, coming on the heels of a planned groundbreaking this month on its second such building in Kissimmee.  To be located at 1701 W. Oak...

• Developers target Osceola for more affordable housing tax credit projects

  Osceola County planners are reviewing a flurry of prospective affordable housing projects this month as developers rush to submit tax credit applications in time for the Florida Housing Finance Corporation's Nov. 17 deadline. Titan Land Company President Domingo Sanchez had five potential sites...

• Adventist Health to build $20M skilled nursing and rehab center in Celebration

  Adventist Health System (AHS), parent company of Florida Hospital, has filed engineering plans for a 120-bed skilled nursing facility on Celebration Boulevard, about halfway between W192 and World Drive. Michelle Givens, president of the non-profit company's nursing home division, Adventist Care...

• NY developer plans $25M memory care facility in Apopka, mulls bonds to finance

  New York-based MJM Associates, a developer and manager of special needs assisted living facilities, is reentering the Orlando market with plans for a new 125-bed project in Apopka, and expects to issue corporate bonds to partially finance it, the company's president told GrowthSpotter.  Dubbed...

• New challenges arise for developer over Winter Park memory care facility

  Washington, D.C.-based luxury residential developer Brook Rose has reduced the size and scope of his proposed memory care facility in northern Winter Park six months after first going before the city's Planning and Zoning Board, but now faces staff opposition and more vocal opponents from the neighborhood. ...

• Developer planning two senior apartment towers in Osceola

  Affordable housing specialist American Housing Development LLC (AHD) is scheduled to break ground next month on a second phase of Madison Crossing -- the first of two new age-restricted apartment towers planned for Osceola County. The Winter Park developer has applied for a building permit for...

• Smaller version of Avalon Park development planned for Tavares

  Avalon Park Group has filed plans in Tavares to build a smaller version of its Avalon Park community on the shores of Lake Hermosa, bringing a potential 1,000-plus homes and mixed-use community just outside Eustis.  “We believe that we can repeat our success we had in Avalon Park in Orlando in...

• Construction coming in next phase of expansion at Oviedo’s Lutheran Haven

  Multiple projects are underway at Lutheran Haven, a full-service community for seniors on a 25-acre swath of unincorporated Oviedo – some immediate, some ongoing. Reservations are now being taken for a projected early 2018 occupancy at the Landings of Lutheran Haven, a portion of the property which...

• Local developer plans 225 senior & family affordable apts west of fairgrounds

  Local affordable rental housing group Banyan Development has plans for around 225 units of family- and senior-focused apartments on land west of the Central Florida Fairgrounds, with a civil engineer yet to be hired and an application planned for the Florida Housing Finance Corporation later this...

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• Plan revived for assisted living on Sanford's Marina Island, tear-down of hotel sought

  A Lake Mary developer is moving forward with plans to build an assisted living facility on a prime piece of Sanford real estate, and the project would generate opportunities for demolition and building contractors. Frank Cerasoli, managing partner of TFA IV LLC, has submitted a proposed site plan...

• Providence One planning $30M assisted living facility near The Loop

  Providence One Investments is eying a 3.4-acre parcel on John Young Parkway just south of The Loop for a 120-unit assisted living and memory care facility (ALF).  The site, at the northwest corner of JYP and Centerview Boulevard, is currently owned by Tupperware Brands through its Deerfield Land...

• Developer adds assisted living to apartment project on Boggy Creek Road

  After paying top dollar a decade ago for 16.6 acres on Boggy Creek Road, Orlando-based EspoGroup had to switch gears and come up with a new plan for the property to recoup their investment. "When we bought this land back in 2005 we paid $2.5 million," EspoGroup Manager Jose Notaro told GrowthSpotter....

• ChampionsGate to get luxury retirement community by Vieste Group

  Chicago-based Vieste Group has signed on to build its second Tuscan Isle-branded retirement community, this time at ChampionsGate.  Marc Reicher, senior vice president for ChampionsGate developer RIDA, told GrowthSpotter the parties signed an 80-year land lease on Wednesday for 11.7 acres at the...

• Starwood and CalAtlantic building active adult community in Harmony

  With horizontal construction well underway at Osceola County's new active adult community The Lakes at Harmony, master developer Starwood Land Ventures has sold the first 43 lots to CalAtlantic Group for $2 million.  CalAtlantic, the Irvine, California-based corporation formed by the 2015 merger...

• Tuscan Isle developer Vieste already looking ahead to 2nd phase of senior living facility

  Construction on the $50 million Tuscan Isle senior living community is on pace for its planned spring 2016 opening, and owner-developer Vieste Group is already looking ahead to phase two. "The longterm plan is to build out a full campus and totally fill the gap in the continuum of care," CEO Mike...

• Memory care facility planned for Kissimmee Medical Arts District

   A California-based developer that specializes in luxury assisted living homes is eying a 1.9-acre parcel on Park Place in Kissimmee to build an 63-bed memory care facility. Meridian at Summerplace is expanding beyond its West Coast roots into Florida, with active projects in the Tampa Bay, Sarasota,...