Healthcare Investor Changes Gears: Boca Raton Senior Living Project Scrapped For Multifamily Development
22-26 Southeast Sixth Street LLC, an entity formed between Hunt Valley, Maryland-based Omega Healthcare Investors and Westport, Connecticut-based Maplewood Senior Living and now managed solely by Omega, submitted plans to build 42 multifamily units instead of the original plan to build a senior living facility.
City officials received the application concerning the 0.61-acre property at 22 SE Sixth St. in June.
In 2021, the entity purchased the site for $10.2 million from Group P6. Group P6 secured approval in 2018 for the Concierge, a nine-story building with 88 units of independent living, assisted living and memory care, along with a host of amenities geared for senior living. Structures that existed on the site were removed, but no new construction took place.
The multifamily building footprint would remain 124,288 square feet in nine stories. Plans include six two-bedroom units, 12 two-bedroom units with dens, 18 three-bedroom units with dens, and six townhouses.
