Memory Lane

Development came to a halt when the real estate market collapsed in Southwest Florida, but no one got any younger.

The result is that demand has continued to increase for facilities that can care for people with Alzheimer's disease and other forms of dementia while the supply of special housing for them hasn't kept pace.

Consider Terracina Grand, a 154-bed independent and assisted-living facility in Naples. It now has a waiting list for its 33 memory care units, so it is spending $18 million to build a 55-apartment memory care facility on its campus near Davis Boulevard and County Barn Road in Naples.