Retirement News : Seniors : Ranch location aided assisted-living center

Ranch location aided assisted-living center

Date Added: 18-10-2005

Assisted Living makes a big comeback in Southwest Florida with the building of the Lakewood Ranch in Windsor.  Read the excerpt below.

Sarasota Herald-Tribune - Sarasota,FL,USA

By MICHAEL BRAGA

LAKEWOOD RANCH — No one would have blinked if The Windsor of Lakewood Ranch had been constructed in the 1990s.

Those were go-go years for assisted-living industry.

Thousands of centers, offering round-the-clock care for aging and frail seniors, were built across the country.

But like so many Wall Street-driven trends, the assisted-living industry became overbuilt and fell into a deep recession from which it’s only just beginning to emerge.

The Windsor, a 70,000-square-foot, two-story building boasting 80 private apartments, is one of the few large-scale
assisted-living centers to be built in Southwest Florida so far this decade.

Read the entire article:

http://www.heraldtribune.com/apps/pbcs.dll/article?AID=/20051017/BUSINESS/51017003/1438