Watercrest Senior Living Group and The St. Joe Company Celebrate the Groundbreaking of Watercrest Santa Rosa Beach Assisted Living and Memory Care

VERO BEACH, Fla., Oct. 17, 2019 /PRNewswire/ -- The leadership teams of Watercrest Senior Living Group and The St. Joe Company gathered with construction, development, design and community partners to celebrate the groundbreaking of Watercrest Santa Rosa Beach Assisted Living and Memory Care in Santa Rosa Beach, Florida. The 107-unit, 92,000 square foot luxury senior living community is under construction by EMJ Corporation and scheduled to welcome residents in late 2020.

Watercrest Santa Rosa Beach will be a signature Watercrest product, offering 75 assisted living and 32 memory care apartments with resort-style service and world-class care. The architecture and design will boast a stunning promenade, fireplace, signature water wall, multiple dining options, pool, salon and spa, grand balconies, and Florida-style outdoor living spaces. Watercrest's uniquely designed Market Street Residence will showcase an 'outdoor' streetscape with numerous LifeBUILT programming touches; a highlight and crucial element of their multi-sensory memory care programming.

"Partnering with St. Joe offers an unparalleled opportunity to develop an exquisite senior living community in a breathtaking setting," says Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group. "Watercrest Santa Rosa Beach will offer seniors a diverse and enriching lifestyle in this spectacular beachside community."

Ideally located at 205 West Hewett Road, Watercrest Santa Rosa Beach is nestled amongst charming and idyllic towns brimming with Southern hospitality and a unique spirit. The 26-mile stretch of white-sand beach along the Emerald Coast draws visitors and residents alike to its calm, turquoise waters. The innovative neighborhood design and temperate climate offer year-round events alongside flourishing entertainment, dining and cultural attractions.

With multiple developments across the southeast, Watercrest principals, Marc Vorkapich, CEO, and Joan Williams, CFO, are poised to open more than a dozen senior living communities in the next few years. This is the first senior living development project partnered between Watercrest and The St. Joe Company.

"We are excited about this senior living project with a best in class partner like Watercrest," said Jorge Gonzalez, President and Chief Executive Officer of The St. Joe Company. "We look forward to serving the growing demand for senior care in Northwest Florida once this facility is complete."

The St. Joe Company, together with its consolidated subsidiaries, is a real estate development, asset management and operation company. The Company owns land concentrated primarily in Northwest Florida and has significant residential and commercial land-use entitlements in hand or in process. More information can be found at www.joe.com. Information on the Company's current project pipeline can be found at www.joe.com/project-updates.

Watercrest Senior Living Group was founded to honor our mothers and fathers, aspiring to become a beacon for quality in senior living by surpassing standards of care, service and associate training. A certified Great Place to Work, Watercrest specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. Visit www.watercrestseniorliving.com.

SOURCE Watercrest Senior Living Group

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