The facility will be for 100+ residence.  

I am currently doing some property maintenance and repairs on a privately owned senior care retirement facility with 100% occupancy with 12 residents.

We want to create an affordable SRO-style housing product with common facilities and meal plans included in monthly charges.

Middle  - lower middle are the last generation or two generations ago of these facilities rehabbed.  

I believe there were some laws that were changed during Covid regarding the type of workers that need to work at these facilities which increased operating cost significantly.

Also, filling the beds of an assisted living facility is not easy.

Being close to Orlando, major healthcare facilities, and big employers definitely helps.

Quote from @Jason Wray: I would venture it's due to companies like Continental Tire opening their $1.4Billion dollar plant, Amazon popping up several data centers including the "Last Mile"  facility amongst others. 

The bigger box factories, I mean facilities have it's place but less than desirable for sure with low staffing levels.

In 1973 while travelling through the Knoxville area I toured the Oakridge Nuclear Facility visitor's center.