Palm Coast is an underserved market for Adult Living Facilities. Four developers are moving plans forward locally. Protea Capital Partners with North Star Senior Living are first out of the chute.
PALM COAST, FL – September 8, 2016 – Protea Capital Partners with North Star Senior Living have begun the construction of Sabal Palms of Palm Coast, the city’s newest senior community. A Site Development permit has been issued and silt fence, tree barriers and a port-o-john are on site; always reliable harbingers of impending new construction.
The facility is being developed on 18 acres at the southern end of the recently completed Palm Harbor Pkwy extension to Matanzas Woods Pkwy (across from the entrance to Hammock Dunes’ Creek Course). The extension provides the Sabal Palms location with easy, direct access to Interstate 95 via the new interchange.
SIGNS OF IMPENDING CONSTRUCTION
Sabal Palms will provide much-needed services for residents who require assistance with daily living and for those suffering from dementia. The 65,000 square foot Tuscan Style state-of-the-art development will consist of 82 rooms, housing 100 residents. There will be a full service kitchen as well as a country kitchen which will be used to serve residents in its Alzheimer unit.
The facility will also have a movie theatre, a hairdresser and spa as well as a fitness center with exercise and therapeutic equipment. Other amenities will include a bistro, a library, a club room, a bar as well as two multi-functional activity rooms that can be used for art, music, yoga, religious practice and lectures. In addition to the indoor amenities, Sabal Palms will also have a bocce ball court, an outdoor terrace suitable for dining and entertainment, a dog run, an outdoor fitness station and multiple walking trails.
Together with its best-in-class professional team of Irwin Partners Architects, Klang and Associates Interior Designers, The Alann Engineering Group, Beebe and Associates and Elkins Construction, all of whom have a long history in the design and construction of senior living facilities and Northstar Senior Living, widely regarded as one of the premier providers of senior living in the country, Protea Capital will deliver a luxurious residential experience together with exceptional levels of care at prices that residents of Palm Coast can afford.
“At Protea Capital, we are firm believers that the provision of quality residential care for the elderly is critical to maintaining the moral standards of our society,” says Greg Spiro, Principal of Protea Capital Partners. “Our philosophy is that senior living should not only be focused on attending to the physical needs of residents, but, as importantly, to their psychological, social and intellectual needs. Our company measures its success not only by the Wellness factor, but also by the Happiness factor.”
Three other senior community projects are in various stages of planning in Palm Coast, all wanting to participate in Palm Coast’s underserved market. The other projects are planned for Colbert Lane, Cypress Point Pkwy and Palm Coast Pkwy NW. The first one to market will have an advantage. With a site development permit in hand and a port-o-john on site, Protea is in first place for now.
The Site Development permit has a contractor stated value of $50,000. The application for the Commercial Construction permit with a stated value of $11,455,000 has been received by the city.