Slated for completion in autumn of this year, the development is being built on a parcel located near Santa Fe Road and San Marcos Boulevard. It will consist of 52 one-bedroom units, 109 two-bedroom units and 11,000 sf of retail space at build-out. Retail occupancy is scheduled for October of 2003, with apartment residents expected to begin move-ins in November. The Levitt Group of Westwood has designed the project, which is being built by general contractor Comfort Construction Inc. of San Diego.
Developer Enhanced Affordable specializes in the financing and construction of affordable housing, which the company's cofounder, Marc Gelman says "is one of the highest in-demand sectors of the real estate market." He adds that "fulfilling the shortage (of affordable senior housing) will continue to be a challenge for the marketplace, especially as the demographics shift."
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