BOCA RATON, FL (BocaNewsNow.com) (Source: Jewish Federation of PBC Advisory) — Toby & Leon Cooperman Sinai Residences Boca Raton celebrated the groundbreaking of its phase two 250,000 square foot expansion, which will feature 111 independent living apartments in addition to a resort style pool, two new dining venues, larger movie theater, card room and auditorium, and much more. Sinai Residences used the event to publicly announce the closing of a bond issue in the amount of $134,945,000. Seventy percent of the units at the 4.5-acre resort-inspired LifeCare® Plan Community – located on the Jewish Federation of South Palm Beach County’s campus in West Boca Raton – have already been sold. The anticipated completion date is Spring 2022.
With the start of construction, 1,250 jobs will be created – 750 of which are directly attributed to work on site. Another 500 local workers will be employed through support from vendors and suppliers. Operated by Federation CCRC Development and managed by Life Care Services®, Sinai Residences in Boca Raton first opened in 2016 and since then has offered the full continuum of care, including: Assisted Living, Rehabilitation, Skilled Nursing, and Memory Care.
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