Seafields, Kiawah’s Only 62+ Life Plan Community, Secures Long-term Financing, Construction to Begin Soon

Press Release

Kiawah Life Plan Village (“KLPV”) and BRP Senior Housing Management, LLC (“Big Rock Partners”) announced that they have secured construction funding and closed on the final round of bond financing to enable construction of Seafields at Kiawah Island, the first of its kind luxury life plan community in the Lowcountry of South Carolina. With over $215M of investment committed, construction is slated to begin in September 2023.

“We are thrilled to be bringing this concept to fruition and moving forward with the next steps in the building process. Housing for seniors is becoming an increasing priority as demographic shifts bring additional 65+ residents to the Sea Islands (Johns, Kiawah and Seabrook) and we are excited that Seafields will help fill that need,” said Todd Lillibridge, Chairman, Kiawah Life Plan Village (KLPV).

Driven by the demand for elevated senior housing and healthcare in sought-after areas, Seafields is the only luxury 62+ Life Plan Community located near Kiawah (named one of the best US islands in July 2023 for the 10th consecutive year by Travel + Leisure World’s Best Awards) and Seabrook Islands, and a short distance from downtown Charleston, SC (ranked America’s favorite city for the 11th year in a row – and one of the 25 best cities in the world – in July 2023 by Travel + Leisure World’s Best Awards). It is also within walking distance to Freshfields, the stylish outdoor pedestrian village offering some of the area’s best-loved shopping and culinary destinations. Seafields will have 90 independent living residences with distinctively spacious floor plans as well as accommodating assisted living apartments and 24/7 nursing staff. Residents will enjoy a maintenance-free and all-inclusive lifestyle featuring immersive experiences, exclusive partnerships, and high-end amenity and concierge services along with discounts on future healthcare needs guaranteed by the lifecare contract.  

“With the ever-increasing need for communities in the 62+ age group, Seafields will provide luxury living and world class health care to residents. Bringing this project to fruition with Big Rock Partners has been rewarding and we look forward to welcoming Seafields residents to Kiawah. They will undoubtedly be a vital part of the community,” said Chris Randolph of South Street Partners, master developer of Kiawah Island.

Seafields at Kiawah Island is almost fully reserved, with only 20 residences remaining. The deposit to lock in an opportunity to live the Kiawah lifestyle in perpetuity is 100% refundable until the Community opens. Those interested can schedule an appointment to speak with Kiawah Island Real Estate before pre-construction pricing ends on September 1, 2023. Construction is slated to be completed by the fall of 2025.

On the Horizon: MUSC Health Sea Islands Medical Pavilion

The nearby MUSC Health Sea Islands Medical Pavilion, slated for an opening in 2025, will offer primary and specialty care services, in addition to emergency care for Seafields residents. In 2021, South Street Partners donated six acres of land to MUSC to meet this identified need for medical services in the Sea Islands and bring a world-class emergency medical facility for those in the community. South Street Partners was honored to make this investment — valued at approximately $6M — as this partnership will bring vital emergency and senior healthcare to the Sea Islands.  

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