Big Rock Partners has announced the $180 million development of Seafields at Kiawah Island, a high-end CCRC on South Carolina’s Kiawah Island. The community will feature 98 one, two and three-bedroom independent living units, along with 16 assisted living and skilled nursing units.
Kiawah Life Plan Village Inc. (KLPV), a newly formed not-for-profit, purchased a nine-acre site from Kiawah Partners, a subsidiary of South Street Partners. The developed property will be the first 62+ luxury life plan community on Kiawah Island. It will also feature an in-house medical clinic operated by the Medical University of South Carolina.
The idea for this development was conceived after Kiawah and Seabrook property owners requested a community in the area where they could age in place. Kiawah Island Real Estate is managing the sales and marketing of the community, and they are currently taking reservations for units on the property. Seafields residents have the option to purchase contracts with a 90% return of equity.
