New Senior Housing Community Announces Grand Opening Success; Favorable Result Attributed to Community’s Active Lifestyle and In-Demand Amenities
Viable senior housing options have historically been sparse, but active senior communities are now a growing nationwide trend. At a June 27 ribbon cutting, Titusville welcomed one such community of its own: Royal Palms. With all official paperwork now sig
(EMAILWIRE.COM, August 29, 2008 ) TITUSVILLE, Fla. – When it comes time to retire, it might be time to downsize at home, too. After all, who wants to clean all those empty-nester rooms, maintain the lawn, fix the dishwasher or pay a hefty electric bill on retirement salary? And besides, there are grandkids to visit, faraway lands to see and hobbies to finally enjoy.
Viable senior housing options have historically been sparse, but active senior communities are now a growing nationwide trend. At a June 27 ribbon cutting, Titusville welcomed one such community of its own: Royal Palms. With all official paperwork now signed and filed, Beneficial Communities, developer of the new community, is proud to announce the community is already more than 60 percent occupied.
“It’s taken some time to finalize the details, but now that the numbers are tallied, we are more than pleased with the initial success Royal Palms has experienced,” said Karen McGinnis-Weeks, Director of Asset Management for Beneficial Communities.
Located at 911 South Park Avenue, Royal Palms is a tax credit community featuring a relaxed feel and spanning 106,000 square feet over three levels. A total of 96 residential units is available, including 54 one-bedroom apartments at 758 square feet each, and 42 two-bedroom apartments at 929 square feet each. Each unit features a private balcony, fully equipped kitchen, washer/dryer connection, individual central AC and heat, 9-foot
ceilings, walk-in closet, neutral carpeting and ceramic tile bathroom flooring.
“Royal Palms senior apartments are very nicely appointed with all the unit amenities one would expect from a luxury apartment,” McGinnis-Weeks said.
To that point and by specific design, Royal Palms residents don’t have to go far outside their home to stay active. Just steps from each apartment unit is the lushly designed, centrally located common area, which totals 30,000 square feet and features a wide variety of amenities, including a large two-level clubroom with a adjoining kitchen and 52-inch Plasma television. In addition, the first level offers a beauty salon/barber shop, post office, leasing office and 30-seat movie theater. The second floor features a computer center/cyber café, fully equipped fitness room and laundry facility. Outside, residents can enjoy a swimming pool and picnic area with grill.
“The Royal Palms common areas are spacious and luxuriously appointed, and the amenities are many,” said McGinnis-Weeks. “This was meticulously planned to encourage the active lifestyle today’s seniors want.”
The monthly rental fee for Royal Palms apartment units starts at $643 and includes water, trash and sewer. The fee also includes limited access to the community’s two guest suites and unlimited access to all the community’s amenities, daily activities such as water aerobics, resident activities such as holiday parties, periodic health and nutrition classes, quarterly financial counseling, and bi-annual life and safety training. Plus, management is on-call 24 hours a day, and a list of qualified service providers is available to residents who need assistance with light housekeeping, grocery shopping and laundry.
“No other community in the area offers anything close to Royal Palms,” said McGinnis-Weeks. “The difference is evident in the number of seniors who have already made it their home.”
With contracts continuing to come in since the ribbon cutting and anticipated full occupancy by the end of 2008, McGinnis-Weeks offers a cautionary tip.
“I urge seniors to start the transition process early,” she said. “Many may not believe they’re quite ready, but between selling the house, filing papers and making all the other necessary arrangements, it actually takes a surprisingly long time.”
Founded in 2001, Beneficial Communities is one of the country's top 10 leading developers of affordable housing for seniors and families. Its highly successful approach to developing a truly "Beneficial Community" is rooted in its “3-P” Philosophy: though there are many ingredients that go into developing a successful housing community, the three main ingredients for success are People, Process and Product.
The company has utilized this philosophy in the development of more than 15 communities in more than five states, including four in Florida: Banyan Senior apartments in New Port Richey, ground breaking in November 2008; Englewood Senior apartments in Pensacola, opening in December 2008; Laurel Oaks Senior apartments in Okeechobee, opening September 2008; and Royal Palms Senior apartments in Titusville, opened June 2008.
Beneficial Communities is headquartered in Sarasota, Fla. at 2206 Jo-An Drive.
For leasing information on Royal Palms, call (321) 264-2017 or visit online at www.RoyalPalmsSenior.com . For more information on Royal Palms or Beneficial Communities, please call (941)
929-1270.
###
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Viable senior housing options have historically been sparse, but active senior communities are now a growing nationwide trend. At a June 27 ribbon cutting, Titusville welcomed one such community of its own: Royal Palms. With all official paperwork now signed and filed, Beneficial Communities, developer of the new community, is proud to announce the community is already more than 60 percent occupied.
“It’s taken some time to finalize the details, but now that the numbers are tallied, we are more than pleased with the initial success Royal Palms has experienced,” said Karen McGinnis-Weeks, Director of Asset Management for Beneficial Communities.
Located at 911 South Park Avenue, Royal Palms is a tax credit community featuring a relaxed feel and spanning 106,000 square feet over three levels. A total of 96 residential units is available, including 54 one-bedroom apartments at 758 square feet each, and 42 two-bedroom apartments at 929 square feet each. Each unit features a private balcony, fully equipped kitchen, washer/dryer connection, individual central AC and heat, 9-foot
ceilings, walk-in closet, neutral carpeting and ceramic tile bathroom flooring.
“Royal Palms senior apartments are very nicely appointed with all the unit amenities one would expect from a luxury apartment,” McGinnis-Weeks said.
To that point and by specific design, Royal Palms residents don’t have to go far outside their home to stay active. Just steps from each apartment unit is the lushly designed, centrally located common area, which totals 30,000 square feet and features a wide variety of amenities, including a large two-level clubroom with a adjoining kitchen and 52-inch Plasma television. In addition, the first level offers a beauty salon/barber shop, post office, leasing office and 30-seat movie theater. The second floor features a computer center/cyber café, fully equipped fitness room and laundry facility. Outside, residents can enjoy a swimming pool and picnic area with grill.
“The Royal Palms common areas are spacious and luxuriously appointed, and the amenities are many,” said McGinnis-Weeks. “This was meticulously planned to encourage the active lifestyle today’s seniors want.”
The monthly rental fee for Royal Palms apartment units starts at $643 and includes water, trash and sewer. The fee also includes limited access to the community’s two guest suites and unlimited access to all the community’s amenities, daily activities such as water aerobics, resident activities such as holiday parties, periodic health and nutrition classes, quarterly financial counseling, and bi-annual life and safety training. Plus, management is on-call 24 hours a day, and a list of qualified service providers is available to residents who need assistance with light housekeeping, grocery shopping and laundry.
“No other community in the area offers anything close to Royal Palms,” said McGinnis-Weeks. “The difference is evident in the number of seniors who have already made it their home.”
With contracts continuing to come in since the ribbon cutting and anticipated full occupancy by the end of 2008, McGinnis-Weeks offers a cautionary tip.
“I urge seniors to start the transition process early,” she said. “Many may not believe they’re quite ready, but between selling the house, filing papers and making all the other necessary arrangements, it actually takes a surprisingly long time.”
Founded in 2001, Beneficial Communities is one of the country's top 10 leading developers of affordable housing for seniors and families. Its highly successful approach to developing a truly "Beneficial Community" is rooted in its “3-P” Philosophy: though there are many ingredients that go into developing a successful housing community, the three main ingredients for success are People, Process and Product.
The company has utilized this philosophy in the development of more than 15 communities in more than five states, including four in Florida: Banyan Senior apartments in New Port Richey, ground breaking in November 2008; Englewood Senior apartments in Pensacola, opening in December 2008; Laurel Oaks Senior apartments in Okeechobee, opening September 2008; and Royal Palms Senior apartments in Titusville, opened June 2008.
Beneficial Communities is headquartered in Sarasota, Fla. at 2206 Jo-An Drive.
For leasing information on Royal Palms, call (321) 264-2017 or visit online at www.RoyalPalmsSenior.com . For more information on Royal Palms or Beneficial Communities, please call (941)
929-1270.
###
This press release was issued through GroupWeb EmailWire.Com. For more information on unlimited press release distribution service, go to http://www.emailwire.com
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