Developers have secured $473 million is bond financing for the construction of a luxury senior housing complex in Irvine, JLL's Capital markets Group and HJ Sims announced  earlier this month.

The James, planned at 1001 Gates Avenue, will include 350 independen living, assisted living, and memory care apartments ina  mix of studio, one-, and two-bedroom floor plans. Plans also call for amenities including dining areas, a pool and spa, a gym, therapy rooms, a hair salon, a media room, and a dog park.

Financing for the project from Harbert South Bay Partners, LAMB Properties, P3 Foundation, and Momentum Senior Living includes more than $473 million in taxable and tax-exempt bonds.

The new development, shown in plans as a contemporary eight-story complex, will rise on a three-acre property across the street from The District at Tustin Legacy.

Older adults are expected to make up 29 percent of the total population of ORange County in the years to come. The James will be the Irvine community's first new senior housing complex built since the mid-1990s.

Follow us on social media: 

Twitter / Facebook / LinkedIn / Threads / Instagram / Bluesky