Update (July 2017): The Assisted Living Facility is now named Symphony at Boca Raton. We called and a recorded message said they expect to open in November of 2017.
Many readers have asked us what’s going on on the northwest corner of Ponderosa and Cobblestone. The location is north of Packy’s and the Montessori school, and borders the Crystal Cove Estates subdivision.
We looked into this further and learned that a 168-bed assisted living facility is being built. The name of it is: Cobblestone Place Congregate Living Facility. This is a form of housing intended primarily for seniors who need substantial nursing or medical assistance but not 24-hour supervision. You can read more on the Florida Elder Affairs website.
From the plan document we reviewed, there will be 90 parking spaces initially as required, with additional space set aside for 74 spaces if necessary.
Addressing concerns we’ve heard from residents, the plan is attempting to minimize the impact on neighbors:
The site has been design[ed] to orient the 3-story portion of the building away from the adjacent residential properties to the north with additional setbacks and required buffers to minimize any impact. In addition, the service driveways and service areas are located in areas away from the adjacent residential properties and are placed towards the interior of the building which will provide screening from any perceived nuisances.
We’re not sure that description fits with the overhead map in the project document, which shows only a fifteen foot buffer between an internal circular driveway and the existing wall on the south side of Crystal Cove:
To us it looks like a large building is being squeezed into a tight space.
Here are some “elevation” images of what the project should look like:
This is an image showing data from the project:
The project is apparently owned by a Delaware corporation controlled by Capital Health Group and a man named Kenneth Assiran.
Here’s a 2014 interview with Mr. Assiran that mentions Boca Raton:
The transcript of that interview is available at Levin Associates.
Got you. Okay, good. Now, that’s a big deal for you to start the year. Do you have anything else like that in the pipeline for the rest of 2014?
Yes, we have other prospects we’re looking at. We’re looking at also developing a couple of deals. As a matter of fact, it’s very opportune that we’re in South Florida because we’ve bought some land in Fort Lauderdale and soon we are going to buy some land in Boca Raton and we’re going to build two large buildings in South Florida. We have a major commitment to South Florida or Florida.
I don’t know if you know this or not, but our management company now manages 75 buildings.
I knew it was up there; I didn’t know it was that high.
Yeah, we have quite a few. I believe we have eight in South Florida, so we’re really making a major investment in the Southeast.
Well, the Florida housing market is getting better, the Florida economy is getting better, so it’s probably not a bad place to be as long as too many people don’t follow you in the new development side.
Well, I think in South Florida, in Boca Raton and in Fort Lauderdale, it seems like in the markets here, there hasn’t been a lot of new product built here and I think the markets are ready for some new product.
The 32-page pdf from 2012 describing the project is below: