This Residential Development Project from the Aveo Group is Boomer-Focused
Michael Hemsworth — November 21, 2016 — Life-Stages
References: aveo.au & theaustralian.au
Preparing for the onslaught of Boomers who are going to be looking to enter retirement housing within the coming years, this residential development project from the Aveo Group focuses on being a vibrant addition to the community. Set to be located in Springfield, west of Brisbane in Australia, the development aims to have links to recreational areas as well as healthcare facilities.
Many members of the Boomer demographic are beginning to shift out of traditional housing and into unit-oriented complexes that provide more freedom to travel and enjoy retirement. As such, new residential development projects are being placed in the pipeline to be finished over the coming years, within the next decade and beyond to satisfy a need for retirement living quarters.
Many members of the Boomer demographic are beginning to shift out of traditional housing and into unit-oriented complexes that provide more freedom to travel and enjoy retirement. As such, new residential development projects are being placed in the pipeline to be finished over the coming years, within the next decade and beyond to satisfy a need for retirement living quarters.
Trend Themes
1. Boomer Retirement Housing - Opportunity for residential development projects focused on providing housing options and amenities specifically tailored to the needs and desires of the Boomer demographic.
2. Unit-oriented Complexes - Disruptive innovation opportunity to create housing complexes that offer freedom, convenience, and travel-friendly amenities for retirees looking to downsize.
3. Retirement Living Quarters - Growing demand for specialized residential development projects that cater to the unique preferences and requirements of retirees seeking comfortable and convenient living spaces.
Industry Implications
1. Real Estate Development - An industry that can benefit from focusing on innovative projects that address the changing needs of retirees and provide attractive housing options.
2. Hospitality and Recreation - Opportunity to create integrated retirement communities with links to recreational areas and healthcare facilities, promoting an active and vibrant lifestyle for retirees.
3. Healthcare Facilities - Industry opportunity to collaborate with residential developments and create healthcare facilities tailored to the specific needs of retirees living in retirement villages.
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