Senior housing and New Urbanism
Two of the fastest growing segments of the housing market are New Urbanism and senior housing. Judging by the inquires we get at CNU headquarters, many people are curious about how these two segments are intersecting. Although we've found a few examples of New Urbanist senior housing, New Urbanism's commitment to giving people many choices in housing type, price, and style means that many active seniors find non-targeted New Urbanist developments to fit their lifestyle well. In fact, CNU published a white paper, The Coming Demand, which details how seniors (particularly Baby Boomers) will help to lead the market shift towards New Urbanism in the future.
Senior housing refers to a variety of different options, from active adult and independent living residences similar to conventional single-family or multifamily housing to continuing care facilities that offer residents a full range of medical services on site. Warwick Grove, in New York's Hudson Valley, is an example of an active adult community, with age restrictions but otherwise nearly indistinguishable from a Traditional Neighborhood Development designed for families with children. The Glen, a large infill development near Chicago, includes three senior housing options, including mixed-income and continuing care communities. Senior housing built on urban infill sites, like The Mather in downtown Evanston, Ill., offer their residents convenient locations within walking distance to services and transportation options.
Share your examples of New Urbanist senior housing in the comments.
Write your comments in the box below and share on your Facebook!