The assisted living and memory care facilities are located in Boca Raton and Lantana.
This is the first healthcare office in the development and joins a growing number of businesses and restaurants opening in that area.
The project would cost about $16 million and construction should take about a year.
Built in 1986, the two-story, 40,000-square-foot building is situated on 4.2 acres of land and has onsite parking.
Above the main floor, two floors will be dedicated to patients who require acute physical therapy. Two additional patient floors will be used for acute care, and one floor will be used primarily for ancillary services.