FORT MYERS, FL—Quadrum Global, an international developer and investment firm focused on value-added properties, has acquired a 32.5-acre site at 7650 Gladiolus Drive in Fort Myers, with plans to build a resort-style senior living community.

Connected to the adjacent 279-acre Lakes Regional Park, the property is currently approved for up to 460 units and an additional 100,000 feet for commercial use. Quadrum's preliminary plan — subject to architectural and feasibility studies — includes creating 335 rental units spread across 264,070 square feet. Early projected housing mix will be comprised of 160 assisted living apartments, 125 independent living apartments and 50 independent living cottages. An additional 88,000 square feet will be used for 590 surface parking spaces.

Quadrum Global has formed a separate entity, called Quadrum Senior Living Management, to manage the community's construction and operations. Colin Marshall, a senior living veteran with more than 20 years of management experience ranging from on-the-ground property-level management to portfolio-level oversight, will lead this entity.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.