VENICE, Fla. — Ryan Cos. US Inc. and Grand Living have started construction of Grand Living at Wellen Park, a luxury senior living community in Venice. The community will be part of Wellen Park, a master-planned community on the state’s Gulf Coast.
The 235,267-square-foot building will bring 192 apartments to Wellen Park. According to a study conducted by Moore Diversified Services, the 75-and-older demographic with income-qualified households in the Venice area is expected to increase by 35.8 percent between 2020 and 2025.
Residents will have access to Wellen Park’s amenities, including a downtown area featuring an 80-acre lake, entertainment venues, active parks, retail shops, waterfront dining and pedestrian-friendly trails and streets.
Ryan Architecture + Engineering designed the four-story building that supports Grand Living’s age-in-place model, which allows residents to remain in their original apartment even as their healthcare needs change. The building will include 156 independent living and assisted living units, and 36 memory care units. Cottages built by Mattamy Homes, the master developer of Wellen Park, will also be available.
Ryan is the architect of record, developer, builder and capital markets partner for the project. Upon completion in March 2023, Grand Living Management will handle day-to-day operations and Ryan will provide asset management services.
Ryan Companies has completed 50 senior living communities across the country and has delivered over 500 units in Florida. This project will be the 11th project in partnership with Grand Living Management and the fourth in the state.
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