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 living apartments and 31 assisted living apartments in six-story buildings dating to 1990, and a 60-bed health center, all set across 29.63 acres.
Roughly 8 acres of that property it owns remain undeveloped, and the company now has an another 8-acre site directly west under contract, owned by Beverly Bidwell.
Mayflower representatives first met with Winter Park city planners in May to discuss reintroducing plans they had from 2007 for further development, which have since expired.
They met again in mid-August for an informal pre-app meeting to discuss expanding the assisted living, memory care and full nursing services on the property Mayflower currently owns, and another 8 acres adjacent that it has under contract, according to city staff. The number of new units in consideration was not specified.
"The Mayflower is considering a variety of options for future growth. We are currently evaluating the feasibility of moving forward," president and CEO Steve Kramer told GrowthSpotter. "However, there are no firm plans for development at this time."
VHB's Orlando office is assisting in conceptual planning during the current due diligence phase. No plans have been submitted to the city for review.
Demand for senior housing and new assisted living space continues to rise in Florida and is projected to stay on that trajectory for the next two decades or more.
While Florida's population is expected to grow by roughly 5.1 million between 2010 and 2030, seniors will account for more than 55 percent of that population growth, according to a 2015 report by researchers at Florida State University and the Pepper Institute on Aging and Public Policy.
The United Health Foundation and American Public Health Association have 15-year forecasts that predict Florida to see an 88 percent increase in new residents age 65 and older, trailing only Nevada and Arizona's growth rates.