Construction begins on $50M seniors housing community in Sarasota

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Ryan Cos. US and Grand Living have started construction of Grand Living at Lakewood Ranch, a living and assisted living community in Sarasota.

The community will be located within the Lakewood Ranch master-planned development. The development, estimates to cost $50 million, will include 172 units, multiple dining venues, a performance theater, a spa and salon, an outdoor pool, a library and more.

Ryan A+E is a provider of architectural services for the project, while Grand Living will manage the community upon completion.

The companies did not disclose a construction timeline.

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