The Tampa Oaks Senior Living Project, now known as Promise Pointe at Tampa Oaks, officially received its certificate of occupancy on February 6, 2018, with a Grand Opening scheduled for March 2018. The project is a 98,150 square foot Class “A” facility (ECC) licensed for 130 beds (60 assisted living apartments, 48 memory/dementia care apartments), constructed on a portion of a 8 acre parcel of land. It includes resident amenities such as dining, library, parlor, movie theater, bistro, laundry, and spa and fitness/wellness center. The project was specifically designed to accommodate the needs of its residents and will foster the continued independence of residents who require varying amounts of assistance with their activities of daily living.
$15.5 million in EB-5 funds were invested in this project, with the balance funded by owner equity and conventional funding sources.