COSTA MESA, CA-A state-of-the-art retirementcommunity designed to meet the active lifestyle andhealthcare needs of Orange County’s aging population is a uniqueconcept for this market, but that’s what developer NexusCos. intends for Vivante on the Coast tobe. The nearly 200,000-square-foot community, which broke groundhere this week and is estimated to cost $62 million to build, hasalready pre-leased 39 units and is drawing interest from localinvestors.
Located at 1640 Monrovia Ave., Vivante will bethe first new retirement community built in the Newport Beach/CostaMesa area in 15 years. It was envisioned by Nexus to provide aluxurious community experience featuring an exquisite culinaryprogram with a variety of superior dining options, a completefitness and physical therapy facility with an indoor saltwaterpool, large outdoor courtyards, rooftop decks and otherresort-style amenities and programming.
The community sits on a 4.5-acre gated private campus andincludes over 31,000 square feet of indoor amenity space. It wasrecently given the Innovation Award for Best CCRC orIndependent/Assisted Living by the NationalAssociation of Home Builders and an award for rebrandingaging by the International Council on ActiveAging.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
