$21M Seniors Housing Community Breaks Ground in Fla.
Lady Lakes, Fla.—Ground has been broking on HarborChase of Villages Crossing, a senior housing and assisted living community in Lady Lakes, Fla. The community has a $21.6 million construction budget and is expected to open in late 2013.
When completed, HarborChase of Villages Crossing will be a two-story building with 96 units, totally approximately 91,000 square feet. The community is owned by CNL Healthcare Trust, an Orlando, Fla.-based company. Harbor Retirement Associates (HRA), which is based in Vero Beach, Fla., will serve as the developer and provide management services.
“We look forward to creating the most advanced and beautiful senior living community in our company’s 10-year history,” Tim Smick, president and CEO, HRA, said. “We are also proud that in this tough economic climate, HarborChase of Villages Crossings will present an opportunity of economic growth for the town of Lady Lakes by employing the equivalent of 64 full-time staff positions within the next three years.”
Amenities for the community will include a wellness center; a variety of dining venues including private dining, outdoor dining and a bistro/coffee bar that features grab-n-go menu items; and technologically advanced safety devices.
“Harbor Chase of Villages Crossing may be licensed as a facility, but ultimately it will be a community,” Charlie Jennings, chief development officer for HRA said. “We have worked together with a team of operational experts working within our 17 other communities. Their understanding of the day-to-day challenges proved invaluable as we identified three specific experiences that would become the design foundation for this community, which include wellness, dining and technology.”