BlackRock recently completed a large commercial project dubbed The ALZ. Spring Village at Essex, owned and operated by Woodbine Senior Living is a 50 plus bed closed facility for seniors living with Alzheimer’s. This was an exciting project to be a part of, the entire BlackRock team is proud to see such a high level of care brought to Essex, Vermont. As we look toward the future, we look forward to more builds like this one. Here are some trends to look for in assisted living.
Senior living options will become increasingly popular. While CCRC’s or continuing care retirement communities have been attractive to many aging adults in the past, we are seeing this interest growing. CCRC’s offer continuing care starting with completely independent living and include assisted living, and even nursing home-level care. Residents have access to the care that they need at each life stage without having to move facilities.
Memory care gets nostalgic. Memory care facilities are using sight, sound, and even smell to help dementia residents retrieve long-term memories. Grounds and living areas designed in styles from the eras they recognize like the 1950s and 1960s bring residents back to the familiar world of their youth. Often items associated with major milestones are placed throughout the facility, such as wedding apparel and baby dolls. Research shows that this type of memory care reduces agitation and anxiety. It can even improve memory in some cases.
Look for a trend in senior co-housing. Co-housing is an option that has some appeal for a growing number of older adults, it offers the privacy of a single-family home with a sense of community. The advantages of co-housing for seniors include, access to a communal group of caregivers and shared responsibilities easing the burden of some daily activities such as meal prep, yard work and other household chores.
Senior living will be environmentally conscious. Going green! Cost concerns continue to affect the assisted living industry and the economic advantages of going green are undeniable. A growing number of assisted living communities will embrace eco-friendly measures. This shift is also client driven as facilities that embrace the green movement will likely see an increase in resident populations as more eco-conscious people reach retirement age.
Personal living spaces will see improvements. Many assisted living communities will be adding amenities to attract more seniors to them. Additions like walk-in closets, spacious bathrooms, and fully equipped kitchenettes will living spaces feel more like home. Improvements will also move outside, landscaped gardens and beautiful architecture will be a focus to appeal to the eye and heart of residents.
BlackRock, in association with Hergenrother Industries, currently has opportunities for leasing, purchase and investment in these and other projects, ranging from individual unit purchases to investment fund opportunities.
To learn more about BlackRock Construction, our team and what we can build for you contact 802.861.1120 or firstname.lastname@example.org.