A North Palm Beach-based developer has proposed an age-restricted residential community in Sanford, FL. AgeWell Solvere Living will comprise 185,000 square feet of new construction, offering 161 units in a four-story building.
Developer Horizon at NoMi LLC has secured a $48 million construction loan for the Residences at NoMi, an affordable housing development for seniors in North Miami.
Developers are hoping to get approval for Madison Terrace, an age-restricted housing community in Lake Worth, Florida. Documents show that the multifamily complex would comprise two six-story buildings, offering 176 homes.
ANF Group, Inc., a seasoned player in the construction industry offering a suite of services, including construction management, general contracting, development, and design-build services, has been selected as the general contractor for Douglas Gardens Residences. This transformative project is poised to become Broward County’s premier senior health and living community, marking the largest affordable living development for seniors in the county. The development is a joint venture between Miami Jewish Health (MJH), a nonprofit entity committed to providing health care and living options for aging adults, and McDowell Housing Partners, a leading real estate investment and development firm.
General Contractor ANF Group has broken ground on Sol Vista, an 8-story senior living community located at 11251 Caribbean Boulevard in Cutler Bay, Miami-Dade County. Designed by Burgos Lanza & Associates and developed by MRK Partners and Cypress Equity Investments, this 227-unit affordable housing development will offer apartments reserved for those aged 62 and older and those earning no more than 60% of the Area Median Income (AMI) or approximately $40,980 for one-person households and $46,800 for two-person households. The project is scheduled for completion in mid-2024.
