Companies plan to build senior living facility

On Behalf of | Dec 7, 2018 | Construction Law |

The Fort Walton Beach area of Florida continues to see substantial construction activity as two more developers in the state have announced new plans to build a senior living facility in the region. The St. Joe Co. issued a press release together with the Watercrest Senior Living Group, saying that they plan to open a complex with 107 units near U.S. Highway 98 on St. Joe Island. When completed, the complex will have 75 assisted living units and 32 memory care units. St. Joe will retain majority ownership in the development while Watercrest will be responsible for managing operations.

The project is expected to begin construction in 2019 with building and design completed and ready to accept residents by the end of 2020. A Watercrest executive described the proposed project as a luxury community that would offer world-class healthcare and services.

The company is based in Vero Beach and operates a number of memory care and assisted living communities in the state. This project marks Watercrest’s first introduction to the Northwest Florida region. On the other hand, the St. Joe Co. owns acreage throughout Northwest Florida and focuses on developing club, resort and commercial properties.

Businesses that are planning major construction projects may face a range of issues, from disputes over the language of the contract to the consequences that may follow delays in different aspects of the project. A construction law attorney may be able to help property owners, contractors, subcontractors and others deal with the issues that can arise as part of a project. A lawyer might review a construction contract before a client signs on to make sure that their interests are protected. If an issue arises later on in the process, an attorney may help their clients resolve construction disputes with the least disruption possible or move toward litigation when necessary.

Source: Walton Sun, “Senior living facility planned for South Walton“, 11/30/2018