59.7 F
Laguna Hills
Monday, Dec 5, 2022
-Advertisement-

Senior Living Community Opens in Newport Center

Luxe Vivante Project At Museum's Old Site

Vivante Newport Center officially opened its doors on Nov. 1, taking over the site that once housed the Orange County Museum of Art.

Santa Ana developer Nexus Companies built a luxury senior living community that features amenities such as a movie theater, golf simulator, bowling alley and a salon and spa.

It has a focus on wellness and healthcare, high-end cuisine, curated programs, fitness, and a concierge with staff available around the clock.

Services include housekeeping, transportation, entertainment, game rooms, and perhaps what may become most popular of all, happy hours.

Its 99 assisted living and memory care apartments range in size from a one bedroom with 828 square feet to a two bedroom with 2,532 square feet, according to its website. The apartments provide quartz countertops, solid wood cabinetry and private outdoor spaces with ocean views.

Fees start at $15,000 a month for services that include dining, housekeeping, chauffeured transportation, access to all of Vivante’s amenities, an extensive entertainment and activities schedule, and a 24-hour nurse on-site.

The complex, managed by Integral Senior Living, is a short walk to Fashion Island, Orange County’s second-largest shopping center by taxable sales (see list, page 30).

The key difference between a guest in a five-star hotel and a resident in the senior living community is the age and the lifestyle of the resident, with four to five years as the average length of stay, according to the developer.

OCMA Dispute Site

After a long battle over a new high rise at the site, the museum sold the property for about $25 million and decamped to Costa Mesa.

Last month, OCMA officially inaugurated its new $94 million, 54,000-square-foot facility as part of the Segerstrom Center for the Arts.

Founded in 1981, Nexus is a real estate development firm whose local projects include Anaheim’s Cambria Hotel Anaheim Resort Area, which has 352 rooms, and Santa Ana’s Skyline at MacArthur Place, the tallest residential towers in Orange County. Chief Executive Curt Olson, who joined in 1981, is chairman and its chief investor. Cory Alder is the company’s president.

Nexus began its senior housing unit after the 2008 financial crisis. In the past decade, it’s built a two-community campus in Costa Mesa called Vivante on the Coast and Vivante North. Both are down the street from Hoag Hospital’s Newport Beach campus and are among the most amenity-heavy senior living developments in the country.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-