This Retirement Housing from Concert Properties is Locally Focused
Michael Hemsworth — November 21, 2016 — Life-Stages
References: timescolonist
Lending a much more stylish and modern image to retirement housing, this new development from Concert Properties would enable retirees to enjoy carefree living. Dubbed 'Tapestry,' the residential development would enable residents to live, eat out and enjoy entertainment in one area rather than traveling to different regions.
'Tapestry' is set to include 131 rental units in addition to 42 condominiums and be situated in Victoria, BC. The new development would help to revamp the area and create a modern community for retirees and seniors.
The retirement housing plan also features ample space for commercial ventures including a restaurant, fitness center and a bistro pub to be situated. This would be complemented by other services and amenities to help make the area a bustling spot for those in their prime to enjoy.
'Tapestry' is set to include 131 rental units in addition to 42 condominiums and be situated in Victoria, BC. The new development would help to revamp the area and create a modern community for retirees and seniors.
The retirement housing plan also features ample space for commercial ventures including a restaurant, fitness center and a bistro pub to be situated. This would be complemented by other services and amenities to help make the area a bustling spot for those in their prime to enjoy.
Trend Themes
1. Stylish Retirement Housing - Disruptive innovation opportunity: Creating retirement housing that is stylish and modern, offering a more appealing option for retirees.
2. Locally Focused Communities - Disruptive innovation opportunity: Developing retirement housing communities that integrate living, dining, and entertainment options in one area, reducing the need for travel.
3. Revamping Urban Retirement Areas - Disruptive innovation opportunity: Transforming urban areas into modern retirement communities by introducing residential developments with commercial ventures and amenities.
Industry Implications
1. Real Estate Development - Disruptive innovation opportunity: Incorporating stylish and modern features into retirement housing developments, creating a new market for upscale retirement living.
2. Hospitality and Entertainment - Disruptive innovation opportunity: Integrating dining, fitness, and entertainment services into retirement housing communities, catering to the needs and preferences of retirees.
3. Restaurant and Leisure Industry - Disruptive innovation opportunity: Establishing restaurants, fitness centers, and bistro pubs within retirement housing communities, bringing new business opportunities to the industry.
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