Avanti Leads Senior Living Plans 12 New Facilities
The greater Houston area is about to get a new senior living community: Avanti Living will break ground in February on the 77k SF Avanti at Vision Park, which will include 50 assisted living and 40 memory care suites. Avanti COO Lori Juneau-Alford says construction halted on senior living projects during the recession. Most of the existing competition was built in the late ‘90s or early 2000s, she says.
Lori tells us Avanti is taking advantage of the aging competition and plans to build 12 senior living facilities across three states (Texas, Louisiana and Florida) in the next two years. There are also projects in the works in the Dallas suburb of Flower Mound and in San Antonio. The $15M Houston-area project, at 9446 Vision Park Dr in Shenandoah, will be ready for occupants in Q1 '16.
