First Senior Living Facility in Decades Breaks Ground in Irvine

Irvine, CA

Developer South Bay Partners is bringing the first senior living facility in 22 years to the Irvine market—and it is aiming to totally redefine the asset class. The developer has partnered with LAMB Properties to build a 370-unit high-end, mid-rise project with a massive amenity package that rivals high-end multifamily. The property will include 200 independent living units, 110 assisted living units and 30 memory care units.

“We feel there is a significant unmet demand for all types of senior living in Southern California,” Patrick McGonigle, president of South Bay Partners, tells GlobeSt.com. “In Irvine in particular, there hasn’t been a new senior living project built in more than 22 years. We think there is pent-up demand in the market. Plus, this specific location is right across from the District, and that makes it a very walkable site for our residents. We want to be between retail and rooftops, and this is that transitional site. It fits perfectly with what we want to do.”