Ryan Companies US (Ryan) and Grand Living Management have launched the construction of a senior living scheme, called Grand Living at Naples, in Florida, US.
The 241,071-ft² four-storey community project will feature 206-units, with 166 being independent and assisted living units, with the remaining set to be memory care units.
Working in partnership with construction firm DeAngelis Diamond, the construction of the project is expected to complete in Q3 2023.
Ryan senior living SVP Eric Anderson said: “As Ryan continues to fulfil the demand for senior housing, we’re proud to once again partner with Grand Living Management to deliver another luxury-inspired community in South Florida.
“Grand Living at Naples will set a new standard for senior living in the market with superior care and state-of-the-art amenities within one of the most accessible locations in Naples.”
This project will feature Grand Living’s ‘age-in-community’ approach, which enables people to live in their original apartment even as their healthcare requirements alter.
Claimed to be promoting longevity and a healthy lifestyle for residents, the project’s design will incorporate amenities such as a library, wellness/telehealth centre with fitness areas, spa and salon, several dining areas, club room, an activity room and a space to gather for spiritual services and community events.
The project is being co-developed by Ryan and Grand Living, with Ryan serving as the design-builder and capital markets partner.
Commenting on the project, DeAngelis Diamond co-founder John DeAngelis said: “We are honoured to be working with Ryan Companies on this incredible project. They have demonstrated why they are a class-leading senior living commercial real estate provider. They are innovative and truly care about their residents and all the stakeholder with whom they work.
“We are grateful to partner on this project and look forward to welcoming the residents who will call Grand Living home in the near future.”
Across the US, Ryan has finished 56 senior living communities and delivered more than 500 units in Florida.
For Ryan, Grand Living at Naples will be the 12th project in partnership with Grand Living Management as well as the fifth in Florida.
In October, Ryan Companies formed a joint venture (JV) and began the construction of Grand Living at Tuscan Lakes, a luxury senior living community at League City, Texas.