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SAN JOSE-A Houston-based developer of senior communities is developing a 137-unit assisted-living facility at 500 S. Winchester Blvd. Belmont Corp. is developing the project in part because there are lots of potential residents in the area. There are an estimated 75,000 San Jose residents over the age of 75, says one company source, and that number is expected to grow exponentially over the next three decades.

Belmont Village will serve seniors who need assistance with daily activities, including those with Alzheimer’s Disease. Construction of the 97,000-sf Belmont Village began earlier this month. A completion date has not yet been specified.

The company was founded in 1994 by real estate developer Patricia Will during a search for suitable housing for her mother-in-law. The firm is affiliated with Security Capital Group Inc.

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