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Developer breaks ground on $95M senior living project


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  • | 1:52 a.m. February 7, 2017
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FORT MYERS — Quadrum Global has broken ground on a new $95 million senior living community in Fort Myers expected to serve as a prototype for similar developments throughout the U.S.

Avida Senior Living, which is being built on a 32-acre tract at 7650 Galdiolus Drive adjacent to the 279-acre Lakes Regional Park, is scheduled to be completed in the fall of 2018.

The 488,265-square-foot project is slated to contain 272 independent living apartments, 125 assisted living and 35 memory care units and 28 cottage-style residences.

“This groundbreaking represents an important moment, as it is a significant milestone in Quadrum's plan to bring a world-class senior living community to Southwest Florida, which is one of the nation's fastest-growing retirement destinations,” says Oleg Pavlov, Quadrum's founder and CEO.

Naples-based DeAngelis Diamond has been retained as the construction manager for the project, which is being designed by Studio +, of Fort Myers. Banks Engineering, Waldrop Engineering, Select Structural, JALRW Engineering Group and studioSIX5 also have been hired to work on the community.

Avida's amenities will include a bar bistro, private theater, dining hall, pools and spa, walking paths through a wooded preserve, therapy and massage rooms, and four open-air courtyards. The community also will be located within a five-minute drive of HealthPark and Gulf Coast Medical Centers hospitals and other medical offices.

Seth Schumer, Quadrum's director of U.S. investments, says the community will be “our first opportunity to bring to life an experience that stands apart from the impersonal offerings that are so common in the industry.”

Since 2009, Quadrum has invested more than $1 billion in equity into U.S. real estate, the company says.

 

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