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.”

This project represents a new wave in senior living, with a focus on healthy living and socialization options for seniors. “This is an upscale senior living community that promotes holistic living and a healthy lifestyle, and there are a lot of activities and a lot of different options,” explains McGonigle. There will be more than 50,000 square feet of common areas in the building with a movie theater, multiple dining venues and a pool and spa. It is really trying to encourage seniors to make the decision sooner to leave the house and move into our centers to have a better life. We want it to feel more like high-end multifamily rather than a senior living facility.”