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New Senior Living Community Breaks Ground in Daphne

NEW SENIOR LIVING COMMUNITY BREAKS GROUND TODAY IN DAPHNE

Sage Development & SRI Management Bringing Upscale

Independent and Assisted Living Community to Favored Retirement Destination

DAPHNE, Ala. (Oct. 27, 2021) – Panama City Beach, Fla.-based Sage Development Group along with the Eastern Shore Chamber of Commerce broke ground today on Seagrass Village Daphne, a 135-unit senior living community. Poised on 20 acres of well-accessed land between the Spanish Fort, Fairhope and Mobile Bay regions in an ideal suburban community, Seagrass Village will meet a measurable market demand for additional senior living options in the region. With projected opening in mid-2023, the amenity-rich, resort-style environment will offer 45 well-appointed Independent Living apartments plus 45 independent living cottages and 45 assisted living options. The project is managed by SRI Management, a company noted in the industry for its level of dedicated service, value and resident care.

“Sage Development Group brings innovative senior living to thriving communities throughout Florida and Alabama. This project represents the fifth Seagrass Village senior housing development for our company,” said Chase Patel, president, Sage Development Group. “Within close proximity to major retail and medical providers, the accessibility of this site to the entire region, coupled with the offering of a substantially larger, more modern option than competitive area communities provide, Seagrass Village of Daphne is ideal for families and residents in the region seeking the highest standards in amenities, activities and care.”

Arrive Architecture and interior designer Lori Bates Interiors designed the 184,000 square-foot building, and EMJ Construction is leading the building team. The community will be rich in amenities with a wellness center, bistro and pub, private dining room, outdoor dining and a spacious salon and spa. SRI Management signature programming includes:

· Artful Dining, a research-backed culinary concept designed to keep seniors engaged in the social and health benefits of proper nutrition · Zestful Activities, providing an abundance of activities to keep residents physically and social active; · Heartful Care – creating comfort and security for residents in their new home

Once opened, Seagrass Village Daphne will offer local residents approximately 50 full-time jobs, infusing more than $1.5 million in annual salary and wages into the region.

For more information about Seagrass Village Daphne, visit the community online.

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