SANTA ROSA BEACH, Fla. —The St. Joe Company (NYSE: JOE) and Watercrest Senior Living Group have announced plans for an assisted living and memory care community in Santa Rosa Beach, located on the Florida Panhandle.
Development
Three examples of communities that changed course for the better. By Jane Adler As consumer expectations change, older properties can be repositioned to compete. Local market dynamics often dictate the best approach, whether it’s adding new amenities or starting over from scratch. What follows are three different case studies of how properties can be repositioned to meet today’s market. John Knox Village: Rightsizing a CCRC Developers and investors like to talk about unit counts as a measure of project size and success. But sometimes less is more. In 1990, John Knox …