Tom McQuillen, Prinicpal of LRD, discusses the current status of Senior Housing in Arizona in Senior Housing News.
However, the Phoenix/Scottsdale market is still dealing with the after-effects of the recession, says McQuillen, which caused “everyone to delay everything”—including moving into a retirement community.
“Now, the age of a person entering independent living is much older,” he says. “In a lot of cases where seniors have left their homes and moved into independent living, communities are much more attractive if residents can also get assisted living, if they need it, and memory care.”
Many Lizard Rock Design clients are renovating existing communities to change or expand the types of services that are offered, McQuillen says, in order to better retain residents. One project his firm is currently working on is licensing an independent living apartment building so it can also provide assisted living, along with converting a portion of it for memory care.
Other repositioning projects include combining two one-bedroom units into a two-bedroom apartment with “great rooms” and open areas. This is becoming a more common strategy, says McQuillen, as the incoming generation of retirees are coming from a “different kind of home” often characterized by their modern features and spacious, open floor plans.