7-story senior living facility coming to downtown Sarasota

Crews recently broke ground at The Reserve Sarasota, which will be a seven-story senior living facility downtown. When complete, the community will offer independent and assisted living residences as well as memory care units, supported by what its creators call “upscale amenities.”

Experience Senior Living — which is based in Denver and operates facilities for older adults in seven states — will run The Reserve Sarasota. 

ESL, a wholly owned subsidiary of Denver-based health care real estate investment and development firm NexCore Group, is on a mission “to reimagine aging by delivering hospitality-driven, wellness-focused environments,” according to a statement. The Reserve Sarasota will feature multiple dining venues, wellness spaces, structured parking and a rooftop pool overlooking the city.

“This project reflects our thesis that senior living should offer the same level of service, design and attention to detail found in the finest hospitality environments,” NexCore Group Executive Vice President of Development Hunter MacLeod says in a statement.

Spanning almost 250,000 square feet, The Reserve Sarasota is being built at 307 S. Orange Ave. in Sarasota, across from the The McCullough Pavilion and just off Main Street. An LLC tied to NexCore Group and ESL spent $17 million for the 1.84-acre site there in August 2025, according to Sarasota County property records.

Brinkmann Constructors, based in Missouri with a Florida office on Cattlemen Road, is building The Reserve Sarasota. Other partners in the project are Hoyt Architects, Infrastructure Solutions Services and Senior by Design, according to a statement. 

The Reserve Sarasota is projected to be complete by December 2027.

NexCore Group has developed and acquired about 18 million square feet and completed more than $7 billion in health care real estate transactions in 30 states since 2004, according to a statement. ESL operates The Gallery at North Port and The Gallery at Cape Coral, according to its website, and the company has multiple communities in development around the region, including The Gallery at South Tampa and The Gallery at Hacienda Lakes in Naples.