BRP-SH currently has three development projects. Each project is held by Big Rock Senior Holdings LLC. Below is a description of the existing portfolio.
This project will contain 318 units consisting of 186 independent units, 78 assisted living units and 54 memory care units. It is located at the intersection of Hypoluxo Road and Lyons Road in Palm Beach County, Florida. These are major north/south and east/west roadways. The property is 22 acres or over 1 million sq. ft. of land.
This project contains 240 units with 152 independent living, 55 assisted living and 33 memory care units. Celebration is a master-planned community located at the gates of Disney World in Orlando, Florida. The community was developed by the Walt Disney Company. BRP-SH purchased 9 acres of land from Disney in October 2014 for $4.5 million with $4.5 million of financing from Sabra, a $2 billion REIT, and entered into a preferred equity joint venture.
This project will contain 122 units; 60 independent living, 45 assisted living, and 17 memory care units. Port Royal is located adjacent to Beaufort, S.C. The land is zoned and owned by partners of BRP-SH. The demand for senior living has exploded in this part of coastal South Carolina and no new projects have been built in 15 years.