NexCore Group Breaks Ground on Senior Living Communities in Colorado and Florida 

NexCore Group is excited to announce the groundbreaking of two senior living developments in partnership with Nuveen Real Estate December 2025: The Reserve Sarasota in Sarasota, Florida, and The Gallery Longmont in Longmont, Colorado.

These communities are a continuation of NexCore’s focus on crafting bold, unconventional living spaces for seniors — qualities that shine through in these flagship initiatives. Both communities will be operated under the Reserve and Gallery banners by Experience Senior Living (ESL), NexCore’s wholly owned subsidiary.

Renowned for elevated residences, superior health and food offerings, and nurturing authentic relationships, The Reserve stands out in its category. Meanwhile, The Gallery provides a distinctive haven for seniors seeking an energetic, imaginative environment that celebrates art, innovation, and individuality.

The Reserve Sarasota: Destination Senior Living in Historic Downtown Sarasota

The Reserve Sarasota is a premier 159-unit, Class-A+ senior living community nestled in the heart of Downtown Sarasota, Florida, that features easy access to the historic district and vibrant waterfront — a key regional draw along Florida’s Gulf Coast. 

The development blends historic charm with a waterfront lifestyle and elevated amenities, offering exceptional walkability and an ideal setting that appeals to affluent retirees. 

Featuring best-in-class design and top-tier amenities, the project is just a three-minute walk from Whole Foods, the Bayfront Marina, the Marie Selby Botanical Gardens, the Sarasota Opera House, McCurdy’s Comedy Theatre, the Selby Library, and a variety of shopping and entertainment options. It encompasses Independent Living, Assisted Living, and Memory Care units, fully licensed to enable residents to age in place seamlessly without relocating.

The Gallery Longmont is a 172-unit, Class-A senior living community thoughtfully designed to elevate the aging experience. The development is situated in the picturesque Northern Front Range of Colorado — one of the state’s most sought-after and rapidly expanding regions. Offering the full continuum of Independent Living, Assisted Living, and Memory Care options, The Gallery Longmont provides a seamless continuum of care amid stunning natural surroundings, with convenient access to Boulder, Denver, and Rocky Mountain National Park. More than just a residence, The Gallery fosters a vibrant, supportive lifestyle that harmoniously blends refined comfort, outdoor connections, and tailored amenities for today’s discerning older adults.

Meeting the Market Demand for Next-Generation Senior Living

“There is a clear gap in the market for senior living communities that combine elevated hospitality, wellness, and design in walkable, highly desirable neighborhoods,” said Michael Ray, Chief Investment Officer at NexCore Group. “These communities directly address that unmet demand. By creating spaces that reflect how today’s older adults want to live — connected, active, and engaged — we’re not only enhancing quality of life for residents but also creating lasting value for our partners and investors.”

“Nuveen Real Estate is thrilled to further expand its relationship with NexCore and ESL through the groundbreaking of these two marquee senior living communities in Sarasota and Longmont,” said Tim Racine, Head of Healthcare Development at Nuveen Real Estate. “These communities reflect the premium, experience-focused model that NexCore and ESL deliver in senior living, while demonstrating Nuveen’s commitment to creating innovative communities for the rapidly expanding senior population in these markets.”

About NexCore Group

We are a national, diversified healthcare real estate investment and development firm headquartered in Denver, Colorado. We deliver purpose-built, sustainable spaces spanning the full range of healthcare real estate: medical, senior living, and science & technology. Whether designing advanced medical facilities, high-quality senior communities, or innovative labs and research environments, we apply a strategy-led, data-driven approach to help our partners thrive.

Since our founding in 2004, we’ve developed and acquired approximately 18 million square feet and completed over $7 billion in healthcare real estate transactions — building trust and delivering results in 30 states. We offer deep in-house expertise and integrated capabilities, empowering healthcare systems, academic and life science institutions, and senior living operators to achieve long-term growth, operational excellence, and design innovation.

About Experience Senior Living

Experience Senior Living (ESL), NexCore’s wholly owned subsidiary, is a Denver-based, full-service operator of Independent Living, Assisted Living, and Memory Care communities across the United States. Our mission is to reimagine aging by delivering hospitality-driven, wellness-focused environments that honor residents’ individual stories and aspirations. From concept through construction, ESL collaborates with leading architects and design professionals to create vibrant places where anyone would love to live.