$50 million luxury senior living apartments to break ground near Sarasota's Mall at UTC
By Ashley Gurbal Kritzer
Tampa Bay Business Journal
Published: Sep 28, 2018

A luxury senior living community is in the works near Sarasota's Mall at University Town Center.

United Group of Companies Inc., based near Albany, New York, said Friday that it has proposeda market-rate community for adults 55 and older off University Parkway, just west of the Mall at UTC.

The development would include 183 one- and two-bedroom units - ranging from 708 to 2,199 square feet - as well as 10 two-bedroom penthouse units. Rents start at $1,750.

A 14,000-square-foot clubhouse will have a living room and fireplace, a commercial kitchen, a dining room and lounge, a game room, arts and crafts room, a movie theater, fitness center and yoga studio, a private dining room that residents can reserve, and a private salon and spa.

The property is also slated to include a swimming pool, an outdoor kitchen and fire pit, a pickleball and bocce court, a dog park and walking paths.

The community is slated to begin construction "in the coming months," UGOC said. It has properties throughout Florida, New York and Georgia.