Behind a Rare CCRC Build in San Diego

Spieker: “An owner must begin spending significant amounts of money to market a project before they know whether the project will even be approved.”

SAN DIEGO—Continuing-care retirement communities are very challenging to develop because of the pre-sell requirements and entitlement challenges, Continuing Life’s managing partner Warren Spieker tells GlobeSt.com. The company will be providing business and advisory services for the Glen at Scripps Ranch, the first CCRC to be built in San Diego in nearly 10 years.

Continuing Life tells GlobeSt.com the developer for the project is Spieker Senior Development Services, which has formed the Glen at Scripps Ranch CCRC LLC to build and own the community. As we recently reported, the project, which is being built on a 53-acre site next to the Alliant International University campus at 10718 Pomerado Rd. near I-15, recently broke ground after being in planning and approval stages since 2010. It will offer independent-living apartment-style homes and villas (single-family homes with attached garages). Building construction of the community’s independent living homes, clubhouse and recreational areas is expected to begin in a few weeks, with a grand opening set for late 2019.