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United Group Completes $62.5M The Alloro at University Groves in Sarasota, Florida

SARASOTA, Fla. — The United Group of Cos. has completed The Alloro at University Groves, an seniors housing community in Sarasota.

The property offers 183 units of “independent living lite,” which the developer uses as a blend of active adult and independent living service levels. Development costs were estimated at $62.5 million.

The Alloro at University Groves spans 10 acres of land and features one-bedroom, two-bedroom and penthouse units across its two three-story buildings. In between the two buildings is a 15,000-square-foot clubhouse.

The post United Group Completes $62.5M The Alloro at University Groves in Sarasota, Florida appeared first on Seniors Housing Business.

Source: Senior Housing Business

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