Senior Lifestyle Corporation Breaks Ground On New Development In Cooper City, Fla.

CHICAGO, June 4, 2015 /PRNewswire/ -- Senior Lifestyle Corporation will officially break ground for The Sheridan at Cooper City, an 111-unit assisted living and memory care community, in Cooper City, Fla., on Friday, June 5 at 10 a.m. EST.  A host of city officials and other dignitaries are scheduled to participate in the ceremony at the site, located on the corner of Sheridan Street and Pine Island Road.

The Sheridan at Cooper City will open in late 2016 and will feature 72 assisted living and 39 memory care apartments, which are purposely built and programmed to support those with Alzheimer's, dementia and other memory-impairing illnesses. Residents will have access to 20,000 square feet of common space with dining rooms, living rooms, an internet cafe, an art studio, salon, fitness center and physical therapy spaces.

The development brings more than 150 construction jobs to the local community, through the expected 18-month long construction period. The company expects to hire for 75 full-time equivalent jobs with both full and part time positions. The development is financed by Texas Capital Bank and its development trust which funds housing projects for seniors. Senior Lifestyle is partnering with Formation Development Group of Alpharetta, Ga., an affiliate of Formation Capital, for this project.

"Our collective team is excited to bring to life our vision for this community and the residents of the Cooper City area," said Matthew Phillips, executive vice president of development for Senior Lifestyle. "The economic growth in this area, combined with the amenities for residents and their families, continue to make it an excellent location for our company. We're eager to be an active part of the local community."

About Senior Lifestyle Corporation: Founded in 1985, Senior Lifestyle Corporation is a family-owned company promoting healthy, happy residents through an unmatched level of service. Serving seniors at all economic levels and all levels of care, including independent living, assisted living, memory care and skilled nursing, Senior Lifestyle's award-winning programs are recognized for their creativity and innovation in improving the lives of both residents and their families. Senior Lifestyle employs dedicated staff members who are passionate about their work and care for every resident like family. For more information on the communities, visit www.seniorlifestyle.com.

SOURCE Senior Lifestyle Corporation

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http://www.seniorlifestyle.com