Communities

Watercrest Recognizes Construction Teams at the Celebratory Topping Out of Watercrest Winter Park Assisted Living and Memory Care

April 16, 2019

VERO BEACH, FL–Over 100 leadership, construction and development crew members gathered for the celebratory ‘Topping Out’ of Watercrest Winter Park Assisted Living and Memory Care in Winter Park, FL.  Watercrest Winter Park is a 107-unit resort-style senior living development partnered between Watercrest Senior Living Group and Titan Development Real Estate Fund I, and currently under construction by Walker and Company.

The term ‘Topping Out’ in the construction industry refers to the completion of the roof during buildout, signifying that the structure has reached its maximum height. At Watercrest Senior Living Group, the ‘Topping Out’ is a momentous occasion and opportunity to thank the construction team and celebrate the talents of each person involved in the building of a Watercrest community.

With a catered lunch by Caro-Bama BBQ and lively games of basketball, the event recognized the skilled individuals of Walker and Company, D2 Architecture, MBV Engineering, Drawdy, Central Florida Waterproofing, Toltec, St. Johns Construction, C.Q. Insulation, Dunnrite, Fox Windows, TVS Construction Services, Floormasters, AIT, One Stop, Elite Electric, and International Painting.

“Watercrest topping out events are our course traditional in placing the last structural member in place, however, it’s very unconventional to see a food-truck or three-point shooting competition in the middle of an unfinished building,” said Jeremy Cairns, vice president of construction management for Watercrest Senior Living Group. “Watercrest turns a standard construction event into a unique opportunity to boost morale and show appreciation to the men and women who turn our dreams into a reality.”

Watercrest Winter Park will be a signature Watercrest product offering 75 assisted living and 32 memory care apartments with premium accommodations, exceptional amenities and world-class care. Ideally located at 1501 Glendon Parkway, the community will boast a stunning promenade, pool, fireplace, signature water wall, multiple dining venues, children’s play space, grand balconies and Southern style outdoor living spaces. Watercrest’s uniquely designed Market Street Plaza, will showcase an ‘outdoor’ streetscape with numerous LifeBUILT programming touches; a highlight and crucial element of their multi-sensory memory care programming.

With multiple senior living projects in development throughout the southeast, Watercrest principals, Marc Vorkapich, CEO and Joan Williams, CFO, are setting new standards of quality for seniors and their families in the development of upscale senior living communities.  Watercrest and Titan Development are also partnered in the development of Watercrest Columbia Assisted Living and Memory Care, scheduled to open this summer in Columbia, SC.

Titan Development Real Estate Fund I (TDREF I) is a $200 million private equity real estate fund established in 2017 to raise and invest equity in approximately $600 million of Titan Development’s investment opportunities.

A certified Great Place to Work, Watercrest Senior Living Group specializes in the development and operations of assisted living and memory care communities, and the growth of servant leaders.

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