|Client:||Equity Residential, Scottsdale, AZ.|
|Building Area:||336,000 SF|
We're living longer, healthier. And as Baby Boomers age (the oldest of which turned 60 this year), they're impacting housing in interesting ways.
Boomers are also challenging conventional approaches to retirement, instead embarking on new careers, traveling, volunteering, going back to school, and their homes reflect that changing attitude. Many older adults are selecting housing options that include age-restricted communities where active lifestyles are encouraged, with low or no maintenance, giving them more freedom.
For some, renting rather than buying makes the most sense. And the housing they desire includes generous square footage, lots of storage space, and amenities such as community spaces, recreational amenities such as workout rooms, walking and bike paths, parks, as well as convenient access to services and shopping. Boomers who have home-based businesses want flexible space, a home office and a business center.
Equity Residential is America's number one multifamily home developer. With over 1000 properties across 35 states, it is the largest publicly traded owner and operator of multi-family residential properties in the U.S.
Seniors housing, primarily focused on adults age 50 and older, is a growing market area of design and development. Redmond Ridge represents Equity Residential's first venture into 50+ active adult housing.
The Redmond Ridge campus is set on a 10.6 acre site, convenient to parks and recreation, preserved open space, offices, retail shops, a YMCA community center, professional services, and transportation. Part of a larger planned community, Redmond Ridge has over 400,000 square feet of construction and will include:
- Two independent senior apartment buildings with two-bedroom and one-bedroom units
- The main building has activity and community gathering space & exercise rooms
- 14 townhouse units with private garage- each is a 3-bedroom with bonus room
- 24 carriage house units with private garages -- 12 two-bedroom and 12 three-bedroom
The exterior is a contemporary Northwest design enhanced with cultured stone.