PinPoint and Thrive Commence Construction on Assisted Living and Memory Care Facility in Tampa

PinPoint Commercial, LP and Thrive Senior Living announced the beginning of construction on a state-of-the-art assisted living and memory care facility in North Tampa, Florida: The Legacy at Highwoods Preserve.

The expansive new facility will contain 164 beds, with 120 devoted to assisted living and the other 44 for memory care. In all of their assisted living projects, PinPoint and Thrive include hallmark design features such as telemedicine suites, oversized rooms, libraries, gaming areas, and multiple courtyards, shops and beauty salons for residents and visitors.

“We’re thrilled to bring the advantages of a Legacy facility to the high-growth Tampa market,” said Charles Turner, Principal of PinPoint Commercial. “The Legacy at Highwoods Preserve is a special project, designed with both residents and family members in mind. Our residents’ physical and mental health depends on their families, so the whole facility will include special touches for encouraging multi-generational relationships, both in house and with video conferencing technology.”

PinPoint and Thrive hold a strategic partnership with LG, one of the world’s leading technology companies. The partnership allows the companies to develop a variety of solutions uniquely tailored to the needs of the assisted living industry.

“The Legacy at Highwoods Preserve will be equipped with every technology we have ever wanted to deploy,” said Tod Petty, President of Thrive Senior Living. “The building infrastructure focuses on technology for creating efficiencies to help assist our team and enhance residents’ quality of life. Our relationship with LG will allow us to implement the next generation of resident care.”

Construction is expected to be complete by the fall of 2014.

PinPoint Commercial

Located in Houston, Texas, PinPoint Commercial is a leading national development partnership that focuses its energy on making clients successful. Their Principals average over 25 years of real estate and development experience and have created over $400 million in assisted living, industrial, medical and retail assets. This experience enables PinPoint Commercial to leverage its knowledge, process and relationships to ensure the best possible results for its clients. PinPoint has either developed or partnered in developing numerous projects across the southeast, which have included many assisted living facilities, medical office buildings and hospitals. For more information, please visit www.pinpointcommercial.com.

Thrive Senior Living

Thrive Senior Living is led by Tod Petty, and he and his team have over 50 years of combined experience in the fields of senior housing and healthcare business development and management. They are committed to providing compassionate, quality care and watchful oversight to their clients. Each of their communities is different in physical structure, reflecting both the characteristics of the area in which it is located and the needs of residents. The management and resources of Thrive Senior Living ensure the highest standards of service and long-term commitment to quality, security, choice and privacy in all of their communities. Learn more about Thrive Senior Living online: www.thrivesl.com.

Press release avilable from http://www.businesswire.com/

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