Raging in Place

Gen-x aging resources and community

Category: Real Estate

  • Aging in Place Strategy Powers Serenbe’s $1.7 Billion Expansion

    Aging in Place Strategy Powers Serenbe’s $1.7 Billion Expansion

    A significant residential expansion is underway at Serenbe, a luxury community southwest of Atlanta, with a distinct focus on catering to older buyers seeking to “age in place.” Developer Steve Nygren, known for his previous ventures in the Atlanta restaurant scene, aims to nearly triple the number of residences in the Chattahoochee Hills development. The ambitious $1.7 billion project also includes plans for commercial spaces.

    According to a report by the Atlanta Journal-Constitution, Nygren’s vision for Serenbe involves 1,100 new residential units alongside a hotel, offices, retail spaces, restaurants, and civic and educational facilities. The 1,532-acre development’s initial phase will feature 97 units specifically designed for older adults, the 110-room Selborne Hotel, an expansion of the private Terra School, and new arts performance venues. Plans also include 235,000 square feet of commercial space, 75,000 square feet for civic purposes, two school buildings, and up to 180 hotel rooms. A 45,000-square-foot office building is in the works near the hotel, with construction slated to begin once 60% of the space is pre-leased.

    Serenbe, already known for its emphasis on nature and wellness and attracting high-profile residents, secured an $11 million tax break from the Development Authority of Fulton County in 2023 to support this expansion. Despite potential headwinds from rising construction costs and economic uncertainties, the project will be rolled out in phases, with an anticipated completion between 2029 and 2035.

    The focus on “aging in place” reflects a growing trend in senior housing, prioritizing options that allow individuals to remain within their communities as they age. This approach emphasizes accessible housing and services that meet the diverse needs of older adults.

    For members of Generation X, many of whom are now facing the realities of their parents aging and are beginning to consider their own long-term living arrangements, this development offers a glimpse into future possibilities. The integration of housing for various age groups within a community focused on wellness could appeal to those who value intergenerational living and access to amenities that support an active and healthy lifestyle as they age. The emphasis on nature, farm-to-table food options, and wellness facilities within Serenbe aligns with values often held by this demographic.

  • Navigating the Shifting Sands of Mortgage Refinance Rates

    Navigating the Shifting Sands of Mortgage Refinance Rates

    For those who recall the thrill of finally paying off student loans (or are still working on it), another significant financial decision like refinancing a mortgage can feel like another adulting hurdle. The latest data, reported by Forbes Advisor on April 24, 2025, shows that mortgage refinance rates are in subtle flux.

    The article states that the average rate for a 30-year fixed-rate refinance is 6.93%, remaining stable compared to the previous week. Fifteen-year fixed refinance rates have slightly dipped, averaging 5.92%. These numbers highlight the ongoing interplay between economic indicators and the housing market. Factors such as inflation, Federal Reserve policy, and the overall economy continue to shape these rates.

    Many Generation X homeowners are in their prime earning years but also juggle college tuitions and perhaps early elder care. For them, the decision to refinance isn’t taken lightly. They must carefully weigh the potential for a lower monthly payment or tapping into home equity against closing costs and the long-term implications of a new loan term.

    The article also notes that refinance rates can sometimes be slightly higher than purchase mortgage rates. This highlights the importance of thoroughly comparing current rates and individual financial goals before making a move.

    As we navigate this life phase, staying informed about these financial shifts is crucial. While a lower interest rate can be appealing, a comprehensive understanding of the current market and personal finances is the best strategy.

    Reference:

    “Current Mortgage Refinance Rates: April 24, 2025 – Rates Decline.” Forbes Advisor, 24 Apr. 2025, https://www.forbes.com/advisor/mortgages/refinance/mortgage-refinance-rates-04-24-25/.

  • Beyond Grab Bars: Parabolica and the Future of Aging in Place

    Beyond Grab Bars: Parabolica and the Future of Aging in Place

    Aging in place. The phrase conjures images of stairlifts, grab bars, and perhaps a ramp leading up to the front door. Practical, yes. Inspiring? Not so much.

    But what if aging in place was more than retrofitting homes? What if, instead, we lived in spaces designed to support us throughout life? A recent ArchitectureAU article about Parabolica offers a compelling vision.

    Parabolica isn’t a senior living facility. Rather, they are an architecture firm pushing design boundaries. Specifically, they focus on flexibility, community, and sustainability. While their projects aren’t just for older adults, their principles offer valuable lessons for aging in place. Consequently, they challenge the idea that aging in place means adding modifications. Instead, true aging in place starts with how we design living spaces. And innovative firms like Parabolica are leading the way.

    The article, for instance, highlights Parabolica’s adaptable designs. This is crucial for aging in place because, naturally, our needs change. A flexible home, therefore, evolves with us. For example, it can handle mobility issues and family changes. Consider walls that move easily. Or imagine spaces that can be repurposed. Clearly, this is more empowering than a grab bar. Ultimately, it lets us keep our independence as we age.

    Furthermore, community is also important. Aging in place, in fact, means staying connected. Parabolica’s designs, in particular, foster interaction. They also encourage social connection. Undeniably, this is vital for well-being at any age. Especially as we get older. For Generation X, many face elder care challenges. Additionally, they think about their own retirement. Thus, this community focus resonates. Indeed, it shows the importance of neighborhoods, not just homes.

    Moreover, sustainability matters too. Parabolica’s eco-friendly designs, in short, create healthier spaces. For example, improved air quality and natural light are key. Also, connections to nature are important. Unquestionably, these things impact our well-being. In addition, sustainable design means durability. And this is essential for aging in place.

    In conclusion, Parabolica shows aging in place can be proactive. It’s not just about adding modifications later. It’s about designing supportive spaces from the start. It’s about creating inspiring, adaptable, and connected homes. In short, it’s about reimagining aging in place. It’s about living well at every stage. Thanks to firms like Parabolica, this vision is possible.

  • North-Central Connecticut Towns Receive $12.8 Million in Housing Grants

    North-Central Connecticut Towns Receive $12.8 Million in Housing Grants

    Boosting Affordable Housing in North-Central Connecticut

    In a significant boost to affordable housing, Governor Ned Lamont recently announced $12.8 million in small cities grants for several north-central Connecticut municipalities. This funding will support crucial renovations and modernization projects for low- and moderate-income residents.

    East Windsor and Tolland Receive Major Funding

    East Windsor and Tolland each secured $2 million, the largest individual grants awarded. East Windsor will utilize the funds to revitalize Park Hill, an 84-unit affordable housing development in Broad Brook. The focus will be on five of the oldest buildings, encompassing 30 units. Renovations include energy-efficient upgrades like new heat pumps, siding, insulation, windows, and doors, as well as updated kitchens and bathrooms, including tub-to-shower conversions for elderly and disabled residents.

    Tolland’s $2 million will go towards much-needed improvements at Old Post Village, built before the Americans with Disabilities Act (ADA) was enacted. Currently lacking ADA-accessible units, the project aims to achieve full ADA compliance in three units, bringing the complex closer to the required 10% benchmark for barrier-free units. Furthermore, the funding will support roof, gutter, window, and door replacements, along with kitchen, bathroom, and community room renovations. Interior upgrades, electrical enhancements, site improvements, and ADA-compliant ramp additions are also planned.

    Windsor and Other Towns Benefit

    Windsor received $400,000 to continue its home rehabilitation program for low- and moderate-income homeowners. The funds will enable renovations on ten units, including roof and window replacements, heating system upgrades, lead and asbestos removal, and electrical and code improvements.

    Other municipalities, including Ashford, Canton, Southington, Stonington, and Watertown, also received grants ranging from $400,000 to $2 million.

    A Community-Focused Initiative

    Governor Lamont emphasized the importance of these grants in improving neighborhoods and fostering community growth. State Department of Housing Commissioner Seila Mosquera-Bruno highlighted the crucial role of municipalities in contributing to the state’s unique character and quality of life. She stressed that these grants are essential for upgrading smaller towns and improving the daily lives of residents.

    About the Program

    These small cities grants are part of the Community Development Block Grant Small Cities program, administered by the state Department of Housing and funded through the U.S. Department of Housing and Urban Development. This program demonstrates a commitment to investing in local communities and ensuring access to safe and affordable housing.

  • Generation X and the Appeal of Pocket Neighborhoods: Aging in Place with Community and Connection

    Generation X and the Appeal of Pocket Neighborhoods: Aging in Place with Community and Connection

    As Generation X approaches retirement, many are seeking housing options that offer both comfort and community. Pocket neighborhoods, with their focus on human-scale design and social interaction, are emerging as an appealing choice for this demographic. These thoughtfully designed communities, often featuring clusters of smaller homes around shared green spaces, provide an ideal environment for aging in place while fostering a sense of belonging and connection.

    Seattle, a city known for its vibrant culture and stunning natural beauty, is also home to a growing number of unique and charming “pocket neighborhoods.” These small-scale communities, often clustered around a shared courtyard or green space, offer a refreshing alternative to traditional housing developments. One of the leading architects behind this movement is Ross Chapin, whose firm has designed several notable pocket neighborhoods in the Seattle area.

    Chapin’s architectural philosophy centers around creating spaces that foster social interaction and a sense of belonging while respecting individual privacy. His designs often feature small, clustered homes arranged around a shared courtyard or common green space, encouraging residents to connect with their neighbors and build a strong sense of community .  

    Here are a few examples of Chapin’s pocket neighborhoods in the Seattle area:

    Third Street Cottages – photo from Ross Chapin
    • Third Street Cottages, Langley, Washington: Located on Whidbey Island, just north of Seattle, this was Chapin’s first pocket neighborhood. It comprises eight cottage homes on four standard single-family lots with detached parking and a shared garden . This project helped demonstrate the viability of pocket neighborhoods and sparked interest in this type of housing.  
    • Danielson Grove, Kirkland, Washington: This community features small, well-designed homes with private gardens and a shared common green . It showcases Chapin’s ability to create intimate and livable spaces that promote both community and privacy.  
    • Greenwood Avenue Cottages, Shoreline, Washington: This project also features small homes with private gardens and a shared common green . It exemplifies Chapin’s focus on creating pedestrian-friendly environments that encourage interaction among residents.  
    • Umatilla Hill Neighborhood, Port Townsend, Washington: This neighborhood covers 2½ blocks and features a mix of garden-courtyard cottages, and small- and medium-sized houses . It demonstrates how pocket neighborhood principles can be applied to a larger scale while maintaining a sense of community.  

    These are just a few examples of Ross Chapin’s work in the Seattle area. His firm has been involved in numerous other projects, including custom residential designs and larger mixed-use developments. Chapin’s influence on Seattle’s urban landscape is undeniable, and his pocket neighborhoods offer a compelling vision for community living in the 21st century.

    If you’re interested in learning more about Ross Chapin’s work and pocket neighborhoods in Seattle, be sure to visit his firm’s website and explore the resources available on pocket-neighborhoods.net. You can also find articles and blog posts about his work online, including a piece on Paul Dorpat’s Seattle Now & Then blog 1 .  

    1. Seattle Now & Then: The Chapin Block

    pauldorpat.com/2011/11/26/seattle-now-then-the