Prevarian project hits the beach

Developer seizes opportunity for senior community in desirable Florida location

With the $16.3 million, three-story, 70,962 square foot Beach House Assisted Living and Memory Care community in Jacksonville Beach, Fla., Prevarian Cos. overcame numerous challenges to bring much-needed senior housing to a prime location.
(Photos courtesy of Prevarian)

Facility name: Beach House Assisted Living and Memory Care
Address, City, State: 1315 2nd Ave., N., Jacksonville Beach, Fla.
Client: PSL JAX Beach House, LP
Product type: Senior Living Facility
Number of stories: 3
Square footage: 70,962
Site acreage: 1.51
Parking: 50 spaces
Construction start date: Sept. 1, 2013
Constr. complete date: Oct. 20, 2014
Cost: $16.3 million
Owner: PSL JAX Beach House LP
Developer and property manager: Prevarian Cos. LP
Architect: Architectural Concepts Inc.
Contractor: The Douglas Co.
Lender: Mutual of Omaha Bank
Property mgr.: Life Care Services LLC
Asset manager: Prevarian Cos. LP