CCRC Near Orlando Plans $100M Expansion

MOUNT DORA, Fla. — Waterman Village, an independent, nonprofit continuing care retirement community in the Orlando suburb of Mount Dora, has announced plans for a $100 million expansion.

Known as Lakeside at Waterman Village, the project will add 162 residences on a 37-acre site surrounding Lake Margaret. 

When complete, the expansion will include 138 independent living residences and 24 memory care residences. The residences will be spread among several buildings and will include condo-style homes and single-story villas.

Construction of the expansion will incorporate green initiatives to minimize environmental impact to Lake Margaret and the surrounding Mount Dora community. A timeline for completion was not released.