Senior Lifestyle Corporation And CA Senior Living Break Ground On New 125-Unit Development In Hobe Sound, Fla.
Diamond Charter Membership Currently Available for Assisted Living and Memory Care Community Scheduled to Open Early 2019
HOBE SOUND, Fla., Nov. 30, 2017 /PRNewswire/ -- Senior Lifestyle Corporation, an industry-leading owner, operator and developer of senior living communities, hosted the official groundbreaking ceremony of one of its newest planned communities, The Sheridan at Hobe Sound on Thursday, Nov. 30 at 11 a.m.
The project is a joint venture between Senior Lifestyle Corporation and CA Senior Living, the senior housing investment and development division of Chicago-based CA Ventures. Senior Lifestyle Corporation will operate The Sheridan at Hobe Sound.
The Sheridan at Hobe Sound is scheduled to open in early 2019 and will feature 85 assisted-living apartment homes, as well as 40 memory care residences developed specifically to support those with Alzheimer's, dementia and other memory-impairing illnesses. The 110,000-square-foot retirement community will sit on 7.53 acres of land at 5050 SE Seabranch Blvd., just off SE Federal Highway between Mariner Sands Country Club and Heritage Ridge Golf Club.
"We are excited to bring The Sheridan at Hobe Sound to the heart of Martin County," said Matthew Phillips, executive vice president of development for Senior Lifestyle Corporation. "The residents of Hobe Sound, as well as the neighboring areas, will now have an option that offers the latest in innovative care, design, and hospitality for seniors in the central location of Hobe Sound. Anyone traveling north or south from Stuart to Tequesta will pass right by our community, which sits on Federal Highway just south of the premier Mariner Sands Country Club. The location is truly special."
"The Sheridan at Hobe Sound is designed with a resort-style feel and will bring an engaging lifestyle experience to its residents, who will benefit socially and physically from the shared amenities and top-notch services that will be available here," said Ben Burke, president of CA Senior Living. "It's very rewarding to continue to grow our relationship with Senior Lifestyle Corporation as we partner on this, our fifth project with them in three years."
Residents of the community will enjoy chef-prepared meals with friends in the elegant dining room, and indoor and outdoor amenity spaces that foster social connectivity. Residents will also be able to get inventive in the creative studio, play bocce ball, practice on the putting green, dine on an outdoor patio and enjoy the serene landscaped outdoor spaces and walking paths that weave throughout the property and boast views of the surrounding natural wetlands.
In addition to providing a range of assisted living and memory care accommodations to meet the housing needs of greater Hobe Sound's growing senior population, The Sheridan at Hobe Sound will create more than 150 new jobs in the community.
Diamond Charter Membership is currently available for The Sheridan at Hobe Sound and offers potential residents a variety of benefits, including first selection of apartment-homes, priority pricing packages, monthly social gatherings, a VIP invitation to the grand opening gala, and more. For more information on the property and Diamond Charter Membership, visit www.seniorlifestyle.com/property/sheridan-hobe-sound or call (772) 646-4162.
About Senior Lifestyle Corporation
Senior Lifestyle, founded in 1985, is a privately-held, owner-operator and developer of senior housing communities. With a portfolio of more than 181 communities located throughout 27 states, Senior Lifestyle offers independent living, assisted living, memory care and skilled nursing for the luxury, moderate and affordable segments. Senior Lifestyle has been routinely recognized as a leader in the delivery of innovative programs and hospitality services for all levels of care. For more information, visit www.seniorlifestyle.com.
About CA Ventures/CA Senior Living
CA Senior Living, LLC is the senior housing development platform of CA Ventures LLC, a Chicago-based real estate investment holding company whose international portfolio includes $6.7 billion in assets throughout the U.S. and Latin America. Founded in 2004 with a focus on student housing, CA Ventures has since diversified into other sectors, including office, senior living, multifamily and hospitality. In addition to development and renovation, the firm specializes in institutional joint ventures, value-add investing, equity and debt sourcing, and asset management services. CA Ventures serves as the holding company for the CA family of companies, including CA Student Living, CA Office / Vanderbilt Partners, CA Senior Living, CA Residential, CA International, CA Hospitality and CA Asset Services. For more information, visit www.ca-ventures.com.
SOURCE Senior Lifestyle Corporation
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