1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

The Terraces at Bonita Springs Closes $140 Million Bond Sale to Begin Construction

New Development Will Bring Upscale Senior Living, 200 Jobs to Lee County, Fla.

 
PRLog - Nov. 3, 2011 - BONITA SPRINGS, Fla. -- BONITA SPRINGS, FL. — With more than 80 percent of its residences reserved, The Terraces at Bonita Springs has obtained bond financing to begin construction on the brand new $70 million senior living community. The new community will be located between Naples and Ft. Myers on approximately 20 acres off South Tamiami Trail, near Bonita Bay Club and Highland Woods Golf and Country Club. Once completed, The Terraces will employ approximately 200 people.

“This is a significant milestone in the many phases of developing this brand-new community,” said Troy Hart, president of SantaFe Senior Living, sponsor of The Terraces. “Thanks to the support of civic leaders and the confidence and commitment from our depositors, we’re able to move forward and bring upscale senior living to Southwest Florida.”

The Terraces will host a groundbreaking ceremony on Wednesday, November 9, to celebrate the start of construction. The event will include an on-site ceremony for developers and elected officials, followed by a reception at the Hyatt Regency Coconut Point for future residents, local dignitaries and invited guests.

“The immense interest we’ve experienced proves the services, amenities and lifestyle opportunities The Terraces will offer are exactly what older adults in the area are looking for,” said Hart.

As an Unlimited Lifecare community, The Terraces at Bonita Springs will feature maintenance-free, independent living in 144 one-, two- and three-bedroom apartment homes. It will also provide lifetime access to on-site health care, including 48 assisted living, 40 skilled nursing and 18 dedicated memory support residences, if ever needed.
The Terraces’ lifestyle will include a variety of amenities such as fine dining, a bistro, a sky lounge with rooftop views, performance center auditorium, creative arts studio, spa, and a fitness center with group fitness classes, wellness programs, and indoor and outdoor pools.

“Residents will stay connected to the life they’ve built here in Southwest Florida near their family, friends and professionals they know and trust, such as doctors, dentists, bankers and financial advisors,” added Hart. “Additionally, they’ll have an abundance of opportunities to begin new relationships as they participate in the functions and events offered at The Terraces.”

Sales counselors will continue taking reservations at the Information Center for remaining apartment homes. More information is available by calling (239) 221-8907 or toll-free at (877) 333-1860, or by visiting the community’s website at www.TheTerracesAtBonitaSprings.com.

ABOUT THE TERRACES AT BONITA SPRINGS
The Terraces at Bonita Springs is a not-for-profit senior living community that will serve older adults in Naples, Ft. Myers and Bonita Springs, Fla. The Terraces at Bonita Springs is sponsored by SantaFe Senior Living, a SantaFe HealthCare company. The Terraces will feature 144 one-, two- and three-bedroom independent living apartment homes, and lifetime access to on-site health care, including 48 assisted living, 40 skilled nursing and 18 memory support residences. More information is available by visiting the community’s website at www.TheTerracesAtBonitaSprings.com, or by calling (239) 221-8907 or toll-free at (877) 333-1860.

ABOUT SANTAFE SENIOR LIVING
SantaFe Senior Living is a division of SantaFe HealthCare, a family of community-based, not-for-profit organizations serving Floridians throughout all phases of life. SantaFe is the parent company of Miami-based AvMed Health Plans, one of Florida’s oldest and largest not-for-profit health plans and Haven Hospice, a nationally recognized hospice and palliative care provider. SantaFe Senior Living is responsible for more than 700 independent and assisted living residences in Florida, and has a long history of providing high-quality care and services to Florida seniors. For more information about SantaFe HealthCare, visit www.santafehealthcarefl.org.

# # #

The Terraces at Bonita Springs is a not-for-profit senior living community that will serve older adults in Naples, Ft. Myers and Bonita Springs, Fla. The Terraces at Bonita Springs is sponsored by SantaFe Senior Living, a SantaFe HealthCare company. The Terraces will feature 144 one-, two- and three-bedroom independent living apartment homes, and lifetime access to on-site health care, including 48 assisted living, 40 skilled nursing and 18 memory support residences. More information is available by visiting the community’s website at www.TheTerracesAtBonitaSprings.com, or by calling (239) 221-8907 or toll-free at (877) 333-1860.

--- End ---

Click to Share

Contact Email:
***@glynndevins.com Email Verified
Source:GlynnDevins
Phone:877-333-1860
Location:Bonita Springs - Florida - United States
Industry:Lifestyle, Retirement, Health
Tags:southwest florida, retirement, senior living, health care, santafe, Community
Shortcut:prlog.org/11715296
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share