Tag: senior housing

  • Seven Metro Atlanta Communities to Receive Planning Assistance with a Focus on Aging in Place

    Seven Metro Atlanta Communities to Receive Planning Assistance with a Focus on Aging in Place

    The Atlanta Regional Commission (ARC) has chosen seven recipients for its 2025 Community Development Assistance Program (CDAP). This program offers vital planning and technical support to improve life quality across metro Atlanta. The selected projects tackle key regional issues, such as affordable housing and historic preservation. These are especially relevant concerns for the aging Generation X demographic.

    Several awarded projects directly or indirectly support Generation X’s ability to age in their own homes affordably. For instance, Rockdale County will receive ARC staff support for a housing assessment. This aims to plan for growth, offer accessible senior housing, and create varied housing options. Given that many in Generation X are managing care for older parents alongside their own retirement plans, developing accessible and affordable senior housing is essential. It supports their parents’ well-being and their own capacity to age in place.

    Furthermore, Clayton County and the cities of Lake City, Lovejoy, Forest Park, Riverdale, and Jonesboro will jointly receive a $200,000 grant for a housing market analysis. Their goal is to pinpoint areas for improvement and develop strategies for more accessible and affordable housing for all residents. This directly affects Generation X, who are increasingly worried about rising living costs and maintaining their homes as they age. Moreover, the focus on accessible housing aligns with the needs of older adults and those with mobility challenges within this generation.

    In Cherokee County, the Pearidge community will be the focus of a planning study on affordability and historic preservation, with ARC staff assistance. As Generation X increasingly values community character and history, preserving these aspects while ensuring affordability is vital for their long-term well-being and desire to remain in their communities. Additionally, the City of Forest Park will undertake the Blacksville Green Space and Resiliency Plan. This study aims to boost community resilience by creating more green spaces and beautification projects. Access to green spaces and environmental sustainability are increasingly important to Generation X as they consider their long-term health and the livability of their communities as they age.

    While the other awarded projects—the City of Decatur Heat Mitigation Strategy, the Douglas Boulevard Economic Envisioning Plan (City of Douglasville), and the City of South Fulton Comprehensive Plan Update—do not directly address aging in place, their efforts to enhance infrastructure, economic vitality, and environmental conditions will contribute to more sustainable and desirable communities for all generations. Consequently, this includes Generation X as they navigate midlife and plan for the future.

    For Generation X, now in their late 40s and 50s, the ability to age in their current communities is a significant consideration. Factors such as affordable housing, accessibility, and available support services are crucial for making this a reality. These CDAP awards represent a positive move towards meeting these needs in the Atlanta region.

  • 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.

  • The Future of Senior Housing: It’s Not Your Parents’ Retirement Home

    The Future of Senior Housing: It’s Not Your Parents’ Retirement Home

    Remember those sterile, depressing images that came to mind when you thought of “retirement homes?” Well, toss those out the window. Indeed, the future of senior housing is getting a major facelift, and it’s being driven, in part, by the expectations of a generation that remembers arcades and MTV.

    A recent article from Morningstar (This is the future of senior housing) highlights the seismic shifts underway in the senior living industry. Consequently, it’s no longer about being a “last resort”; instead, it’s about offering a lifestyle choice. Furthermore, to capture the attention of the next wave of residents, the industry needs to get tech-savvy, fast.

    Tech is King (or at least a very powerful Duke)

    Forget bingo night as the sole activity. Instead, we’re talking telehealth integration, personalized service platforms, and smart living environments. Think of it as a high-tech, age-appropriate upgrade. Why? Because the next generation of residents are more educated and technologically advanced than ever before. Therefore, we’re not going to settle for outdated systems and limited connectivity. We expect seamless integration of technology into our daily lives, and that includes where we choose to live.

    Aging in Place? Tech Can Help

    Moreover, the article also points out the increasing desire to “age in place.” Many of us want to stay in our homes as long as possible. Thankfully, technology is making this more feasible, but it also means senior housing facilities need to offer options that compete with the comfort and familiarity of home.

    The Middle Market Squeeze

    Additionally, there’s a growing need for senior housing options that cater to the middle market. Not everyone can afford luxury accommodations, and thus, the industry needs to develop financial models that address this. This is particularly relevant to Generation X, many of whom are still dealing with the financial fallout of previous economic downturns.

    A Multicultural Future

    Beyond that, the senior housing industry is also becoming increasingly diverse. As a result, facilities need to be culturally responsive and cater to the specific needs of multicultural markets.

    The Takeaway for Generation X

    Ultimately, we’re a generation that values independence, technology, and personalized experiences. As we approach our “senior years” (yes, it’s happening), our expectations for senior housing will be significantly different from those of our parents. We’ll be looking for communities that offer a vibrant, engaging lifestyle, seamless technology integration, and options that cater to our individual needs and preferences. The senior housing industry needs to adapt, or risk becoming obsolete.


    References

  • The Realities of Aging: Insights From the Aging Advisory Group

    The Realities of Aging: Insights From the Aging Advisory Group

    Aging presents complex challenges for many Americans, particularly regarding housing and health care, according to a recent report. The National Alliance to End Homelessness highlighted findings from the Aging Advisory Group, revealing critical issues facing older adults. These insights are relevant to Generation X, which is navigating its own aging process.

    The report emphasizes housing instability, health care access and economic security as primary concerns. A significant number of older adults face homelessness due to limited affordable housing and insufficient income. Many live on fixed incomes, making them vulnerable to economic fluctuations and unexpected medical expenses.

    Health care access is another major issue. As people age, their health care needs increase, but affordable, quality care can be difficult to obtain. The report stresses the need to address these disparities to ensure older adults maintain their well-being.

    Generation X is particularly affected by these challenges. Many are caring for aging parents while planning their own retirement. Uncertainties surrounding Social Security, health care costs and long-term care are pressing concerns. Economic downturns throughout their lives have also created unique challenges for this generation.

    Many also find themselves supporting adult children, creating a “sandwich generation” effect that adds financial strain.

    Addressing these issues requires a multi-faceted approach. Policy changes are needed to increase affordable housing, expand health care access and strengthen social safety nets. A broader societal conversation about the value of aging and the importance of supporting older adults is also necessary.

    Understanding these challenges is crucial to ensuring a dignified and secure future for all older Americans.