Wednesday, October 29, 2025
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Affordable HousingDevelopmentFloridaNews

HTG, AM Affordable Housing Break Ground on $37.4M Astoria on 9th in Bradenton, Florida

by Jeff Shaw

BRADENTON, Fla. — Housing Trust Group (HTG) and AM Affordable Housing have closed on financing and begun construction of Astoria on 9th, a 120-unit affordable seniors housing community in the Tampa suburb of Bradenton. Development costs are estimated at $37.4 million. The units will be reserved for income-qualifying residents over age 62 who earn at or below 22, 30 and 60 percent of area median income (AMI), with rents ranging from $356 to $1,165 per month. The property is scheduled to open in fall 2024 with leasing slated to begin …

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DevelopmentIndustry Voices

You’re Never Too Old to Play Outside

by Jeff Shaw

By Glen Collins, founder of Autside Encouraging active lifestyles for aging seniors is important to supporting their health and overall well-being. For residents in senior living communities, playing outdoor games is a stimulating way to stay physically and mentally active, socialize with others and enjoy nature — all of which can positively impact quality of life and even improve longevity. Sedentary seniors: A dangerous stereotype As people grow older, their bodies experience various changes that can impact the ability to stay active. There is a common misconception that aging seniors …

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Affordable HousingCaliforniaDevelopmentNews

USA Properties Fund Plans $21M Vintage at Marja Acres in Carlsbad, California

by Jeff Shaw

CARLSBAD, Calif. — USA Properties Fund and The Pinyon Group plan to begin construction this summer on Vintage at Marja Acres, an affordable apartment community for residents over age 55. The property is part of a larger mixed-use development in Carlsbad, approximately 35 miles north of San Diego. The 47-unit community will offer affordable housing in the new Marja Acres neighborhood that will include 248 townhomes, a community park and restaurant. Marja Acres is near the beach and the popular Carlsbad Village downtown area with restaurants, shops and live entertainment. …

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Affordable HousingDevelopmentFloridaNews

Miami Jewish Health, McDowell Housing Partners Break Ground on $137M Douglas Gardens Residences in Pembroke Pines, Florida

by Jeff Shaw

PEMBROKE PINES, Fla. — Miami Jewish Health (MJH) AND McDowell Housing Partners have broken ground on Douglas Gardens Residences, an affordable seniors housing community in Pembroke Pines, approximately 20 miles north of Miami. Development costs are estimated at $137 million for the 410-unit community. According to the developers, this will result in the largest affordable housing development in Broward County. The project will deliver a mixed-income community, merging healthcare and housing into one development for local seniors, on what is currently the 25-acre Douglas Gardens North Campus. Of the total …

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Assisted LivingDevelopmentFloridaNews

AgeWell, Protea Prepare to Open Sunscape Boca Raton in Florida

by Jeff Shaw

BOCA RATON, Fla. — AgeWell Solvere Living and Protea Capital Partners have scheduled a May grand opening for Sunscape Boca Raton. This will be the second Sunscape assisted living and memory care community opening, the first being its sister location, Sunscape Daytona Beach, which opened in March of 2022. Irwin Partners is the architect, Klang & Associates is the interior designer and Hedrick Brothers Construction is the general contractor. The number of units was not disclosed.

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Affordable HousingCaliforniaDevelopmentNews

EAH Housing Begins Construction of 76-Unit Mission Paradise in Hayward, California

by Jeff Shaw

HAYWARD, Calif. — EAH Housing has broken ground on Mission Paradise, an affordable seniors housing community in the Bay Area city of Hayward. DAHLIN Group designed the property, which J.H. Fitzmaurice Inc. is building. “We are amid a housing crisis that is being exacerbated by inflation and lack of affordable housing across the country, and more specifically in California,” says Assemblymember Liz Ortega. “We have a moment of opportunity in the here and now to take actionable steps that will support organizations like EAH Housing to address the severe housing …

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DevelopmentNewsTexas

Watermark Opens 231-Unit The Hacienda at Georgetown in Texas

by Jeff Shaw

GEORGETOWN, Texas — Watermark Retirement Communities has opened The Hacienda at Georgetown, a 231-unit luxury property in Georgetown, approximately 25 miles north of Austin. The apartments feature one- and two-bedroom options and offer independent living, assisted living, short-term stays or memory care. The Georgetown property is the latest addition to Watermark’s high-end Élan Collection. “The Hacienda at Georgetown fills the luxury senior living gap in the market created by the greater Austin area population boom,” says David Freshwater, chairman of Watermark.

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DevelopmentMinnesotaNews

New Perspective Opens 10th Twin Cities Location in Arden Hills, Minnesota

by Jeff Shaw

ARDEN HILLS, Minn. — New Perspective has completed a 146-unit seniors housing community in Arden Hills, a suburb of Minneapolis-St. Paul. The 192,000-square-foot community offers independent living, assisted living and memory care services. The property is New Perspective’s 10th in the Twin Cities metro area. New Perspective Arden Hills will partner with Bethel University, the community’s next-door neighbor, in providing a variety of campus opportunities for those living in the building.

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Assisted LivingCaliforniaDevelopmentNews

Griffin Living Receives $3M Loan for Seniors Housing Land Site Acquisition in Santa Clarita, California

by Jeff Shaw

SANTA CLARITA, Calif. — Griffin Living has received $3 million in financing from Hankey Capital. The funds support the company’s acquisition of an assisted living and memory care development site in Santa Clarita, approximately 35 miles northwest of Los Angeles. The new community will be located at the corner of Camino Del Arte and Copper Hill Drive, in close proximity to a range of high-end retail and dining options. The approved plans by the city will result in capacity for more than 100 residents. “We are excited to once again …

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Affordable HousingDevelopmentGeorgiaNews

McShane to Build 100-Unit Veranda at Assembly Affordable Community in Atlanta

by Jeff Shaw

ATLANTA — The Integral Group has selected McShane Construction Co. to build Veranda at Assembly. Located in Atlanta, the affordable senior living community will offer 100 units. Positioned on a 2.9-acre site on the northwest side of the city, the development will rise four stories. The property will offer nearly 3,000 square feet of amenity space, with units available in one- and two-bedroom floorplans. This project is the fifth collaboration between Integral and McShane. Integral selected SK Collaborative as a consultant to finalize plans and review associated materials and installation …

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