As Moorings Park Grande Lake continues on a brisk pace of sales, as well as construction, the positive impact that the project is having on Southwest Florida is a story that bears telling.
According to CEO of Moorings Park Communities, Dan Lavender, the new Life Plan Community located in Naples is a $549 million project. “I am told this will provide 4,798 jobs to the local economy based on a preliminary study we did,” he said. “Once open, the ongoing operations of Moorings Park Grande Lake will have a $9.7 million payroll for employees to spend in our area and we’ll pay $2.5 million per year in county property taxes.”
Construction Amid Turbulent Times
Despite a global pandemic, the construction on Moorings Park Grande Lake continued with a myriad safety precautions in place ensuring that workers and residents stayed healthy.
“It was important to keep the project moving forward despite the pandemic because the needs of our customers did not go away,” Lavender noted. “Many of our new residents had sold their houses and were counting on us to continue with the project. We had safety protocols in place that would allow us to move forward in a way that was responsible and safe.”
Suffolk Construction, who is the general contractor for the project, has strict COVID-19 protocols in place that include daily temperature taking of all workers and a verbal questionnaire. Masks are mandatory, social distancing is observed and the number of workers in any given unit in a building restricted. The lunch area is outdoors under tents with precautions taken for appropriate social distancing.
“The project keeps about 150 men and women working every day and has served to help keep employment in Southwest Florida steady, especially for the homebuilding sector,” said Al Zichella, Vice President of Development for London Bay Development Group, the developer of the project. From the concrete and masonry contractors to drywall, painting and waterproofing contractors, nearly 20 different trades are on-site each and every day.
The initial phase of construction was completed in mid-April with three buildings delivered to awaiting residents. Two additional buildings are under construction currently, as well as the Clubhouse, with delivery the end of 2021.
“One of our strategies at Moorings Park Communities is to explore compatible growth that meets the needs of our residents and helps us continue to enhance our value proposition to those we serve,” Lavender said. “We kept the project moving forward because it could meet those objectives while remaining within our conservative fiscal practices.”
Setting the Standard for Retirement Communities
“Moorings Park Communities is one of our premier retirement providers in Naples and in many ways sets the standard for Life Plan communities,” said Michael Dalby, President and CEO of the Naples Area Chamber of Commerce. “Moorings Park Communities has been a tremendous asset to Collier County both in terms of economic impact and charitable contributions through its foundation and its residents. As evidence of this, they recently made a pledge toward essential worker housing which had senior and veteran components as well.”
“With over 1,000 employees, Moorings Park’s jobs, wages and benefits make a major impact on our economy,” he added.
Luxury Living for Baby Boomers
“The greatest impact we will have on the local economy will be the same reason that Moorings Park Communities was started 40 years ago: to meet the needs of boomers and seniors in a special and unique way that allows some of our community’s best citizens to get the services they need in a community they love,” Lavender stated.
According to Mark Wilson, President and CEO of London Bay Development Group, Moorings Park Grande Lake is taking luxury living in a Life Plan Community to new heights. Upon completion, Moorings Park Grande Lake will be a luxury community like no other in the country. Situated on 55 acres of land and overlooking a 25-acre lake, as well as Naples Grande Golf Resort, the community will also include stunning penthouse-style residences and a coastal-inspired, lakefront clubhouse, as well as Assisted Living and Memory Care centers.
“The design of the community is a true resort-style community that will definitely NOT feel like a senior community,” he said. “The arrival sequence is like arriving at the finest residential communities or a five-star resort.”
The residences themselves feature open-concept floor plans, expansive lanais for fabulous lakefront views and a bevy of upgraded features. The Selection Studio, operated by London Bay, allows clients to personalize their home for a truly individualized residence.
“Our goal with this project is to create a new standard for luxury and design for Life Plan communities,” Wilson added. “The lifestyle, design, features and amenities will set this community apart, not only in Florida but in the entire United States as well.”
“I do not think that there is any doubt that our successful 40-year track record, our strong A/A+ financial ratings by both Fitch and S&P and our reputation were critical in our ability to build this project and move forward,” Lavender said.
Entrance fees at Moorings Park Grande Lake start at $1.5 million and are 70 percent refundable. Concierge physician services are included with residency, as is assisted living and memory care services.
Complimentary Information Kit
Moorings Park Grande Lake can help you live a healthier, happier life while at the same time insuring that your future health concerns are taking care of. To learn more, call 239-232-3903 today for a complimentary information kit that outlines all of the community’s services, amenities and residential offerings.
The Moorings Park Grande Lake sales team is also available to answer any of your questions, Monday thru Friday, 9:00 a.m. to 5:00 p.m. at 239-232-3903. Information is also available online at MooringsParkGL.org
