The subject site consists of two parcels, which total 9.33± acres or approximately 406,600 square feet. The site includes wetlands and a conservation easement which required an Orange County Conservation Area Impact Permit Approval and includes 3.82 acres of impacted wetlands, the preservation of 5.11 acres of on-site wetlands in a conservation easement, and 0.41 acres remaining uplands. After mitigation and site work, the site has 4.0 acres of developable land. Zoning is C-1/R-2 Commercial/Residential. The improvements will be located on the southern portion of the property with frontage along Hoffner Avenue. The entrance to the building will face south towards Hoffner Avenue with parking and a storm water management pond on the backside (north end) of the building.
The vacant site is approved for a proposed turnkey project for a 90 unit (107 bed) Assisted Living and a 30 unit (40 bed) Memory Care community for seniors. The property benefits from high visibility location, with Hoffner Avenue currently being widened to four lanes with a grassed curbed median, with easy access to all major thoroughfares to Orlando International airport, interstates and medical providers. The proposed project will be a state of the art assisted living and memory care facility that will offer the highest levels in “resort-style” style of life, leading edge technology and outstanding amenities and programs, personalized care and unparalleled services. The proposed facility will offer various levels of assisted living / memory care styles, with strong emphasis placed on wellness, as far as possible, helping seniors maintain a healthy and active lifestyle. The amenities that will be provided will create an environment to attract the baby-boomer market. The proposed services can be provided at a cost not greater than the subjects’ competition.
Positive demographics, positive growing neighborhood
A strong demand exists for specialty assisted living/memory care services within the primary market area
Current inventory does not meet current demand within the primary market area
Comparable units are 91% occupied
Desirable retirement community
Positive growing neighborhood
Walking distance to Publix shopping center, CVS Pharmacy, Banks and other amenities
Easy access to SR 436 (Semoran Blvd), SR 528 (Beachline), SR 408 (East-West), SR 417 (Greeneway), Orlando International Airport, Medical Facilities
