Luxury has come to Fort Lauderdale. A joint venture between Capital Health Group and AEW Capital Management just opened its 106-unit senior living community directly on the Intracoastal Waterway, part of a much larger development pipeline planned across 12 states. With eight stories of assisted living (86) and memory care (20) units, this community boasts a number of attractive amenities. It takes advantage of its waterfront views with an eighth-story lounge (complete with grand piano) and restaurant. Plus, there is a spa/salon, fitness center, movie theater and a waterside café. Compass Pointe Healthcare System, an affiliate of Capital Health Group, will operate the community.
All roads don’t end in Fort Lauderdale for CHG though, which has six other seniors housing communities under construction in three states, including four in Florida (St. Augustine, Stuart, Boca Raton and Delray Beach), and one each in Dayton, Ohio and Cherry Hill, New Jersey. These projects, totaling 635 AL and MC units, will all be operated under CHG’s “Symphony” brand, and are scheduled to open in 2017 and 2018.