Covid-19 is accelerating several trends in senior living architecture and design, which could make development projects more costly going forward — but, future residents very well might pay a premium to live in these next-generation, wellness-focused communities. That’s according to Manny Gonzalez, managing principal for the 55-plus practice group at architecture firm KTGY. In this […]
KTGY
The senior housing development landscape is still strong, but many deals are taking longer to close and buildings are taking longer to fill up. Labor shortages are a primary culprit. “We’re seeing a lot of projects being pushed,” said Douglas Kimes, senior vice president/national director of healthcare for TCF Commercial Banking. He spoke Tuesday at […]
More and more, active adult housing developers are embracing forward-thinking concepts in order to prepare for the incoming wave of baby boomer residents. Two companies leading the way are Florida-based Minto Communities USA, which is behind the popular Latitude Margaritaville properties, and Miami-based homebuilder Lennar (NYSE: LEN), which last year announced home designs with integrated automation and voice control powered by […]
Carolina Bay at Autumn Hall isn’t just for seniors. The continuing care retirement community (CCRC), located in Wilmington, North Carolina, is part of a larger, integrated master planned community and contributes to the intergenerational living in this area. The CCRC sits on 17 acres and is only about three miles from one of the nicest beaches […]
Construction: Planned Jacksonville, FL Senior Living Towers to Undergo $8.5M Makeover A 12-story affordable senior living apartment complex in the San Marco neighborhood of Jacksonville, Florida, will soon undergo an $8.5 million renovation, reports Jacksonville Daily Record. Previously known as Baptist Towers, The Towers of Jacksonville senior living complex will be remodeled by The FaverGray […]
A culture shift is taking place in senior living architecture and design, as firms look to eliminate existing “nursing” elements in favor of new features that foster social engagement and technology advancement. For skilled nursing facilities (SNFs), that might mean eliminating traditional nursing stations to make way for resident engagement and technology, while for other […]
Construction: Planned Kisco Senior Living to Build Senior Campus in Utah Kisco Senior Living plans to build an independent living, assisted living and memory care community in Daybreak in South Jordan. Sagewood at Daybreak will break ground late April, the company announced, with the 201-unit community scheduled to open for resident move-in during summer 2014. Sagewood will […]
It began in 2011, and it’s going to keep happening until 2030: 10,000 Baby Boomers are turning 65 each day, and those in the senior housing industry don’t think the “Greatest Generation” is going to enter quietly into accommodations that don’t meet their standards and expectations. The Boomer generation has generally gone through life demanding […]