Related Cos. and Atria Senior Living have been tight-lipped about plans for their $3 billion development pipeline, so I was excited when NY YIMBY recently published renderings of the project underway in New York City. I reached out to the architecture firm that is involved, Handel, in hopes of learning more about the design concept, […]
Category: Development
The demand by seniors to not be called “seniors” is not one of vanity. It is one of realism. With life expectancy rising and health levels improving, the traditional notion of a “senior” is no longer relevant. Seniors know that, and their lifestyle demands reflect that understanding. What that looks like from a practical standpoint […]
Progress is continuing on the urban development pipeline of Related Cos. and Atria Senior Living, with indications that a New York City project near Hudson Yards will put an Equinox fitness center in the same highrise building as an Atria-operated community. That’s according to new renderings from Handel Architects, which were published Monday by New […]
The rise of hipsturbias — first-ring suburbs of metro areas attracting mixed-use development and fostering intergenerational living — was a top real estate trend heading into 2020. these areas have been disrupted by Covid-19, but their future still appears bright, including for senior living development. Positive demographic trends and a favorable market for housing sales […]
New York City is experiencing an influx of new senior living options, with high-profile luxury communities coming online in Brooklyn and Manhattan. Further north in the Bronx, the city will also add another option: its first life plan community. Covid-19 is not deterring RiverSpring Health’s plans to build the first life plan community in the […]
The coronavirus pandemic is having an unfavorable impact on senior housing development, with developers and operators across the country postponing projects until the pandemic is under control. And they are using this time to revise plans in the hopes of creating more appealing and resilient communities. That’s one finding from a survey by Senior Housing […]
Sustainable Housing for Ageless Generations (SHAG) has earned a reputation in the Pacific Northwest for its quirky brand and successful model of senior housing at an accessible price point. The Tukwila, Washington-based affordable senior housing nonprofit has refined its model over the past three decades through a mix of innovative partnerships, leaner staffing models, and […]
Vitality Living has partnered with noted hotel developer Fusion Hospitality to launch a new senior living brand, Landmark Lifestyles. Plans for the new brand exemplify several growing trends in senior living, including a focus on smaller cities with rising profiles, and hotel conversion projects. A Landmark Lifestyles project taking shape in Tupelo, Mississippi will be […]
Covid-19 has been an unexpected boon to the residential housing market. The resiliency of the market, which has seen home sales numbers and prices eclipse 2019 levels, is a positive trend for the senior living industry, given that people often sell their homes to pay for transitions into communities. Existing home sales increased for the […]
Prominent investors and operators recently said that hotel conversions could be a way to expand senior housing in urban markets with high barriers to entry, such as New York City. One such project is now coming to pass, as part of a larger push that a New York City-based developer and investor is making into […]