Senior living developers face a conundrum: The ranks of older Americans are rapidly increasing, but they are not generating a similarly expanding demand for the developments geared toward them. A recent Pew Research Center survey found that, of the 93 percent of US adults over 65 who say they currently live in their own home or apartment, 60 percent would prefer in-home care over a move to a senior community or assisted living facility. “Ultimately, we are competing with ‘home,’” says Gretchen Cobb, the CEO for Aventur, which owns the Royal Oaks collection of senior living communities.

The Indigo Kitchen dining room at Inspirata Pointe at Royal Oaks in Sun City, AZ, resembles an urban destination restaurant. Photograph © Mike Kelley
Traditionally, life plan communities have been located on self-contained campuses separate from urban and suburban centers. “For a long time, those of us in senior living knew there was a portion of older adults who wanted to stay nearby, near friends, familiar retail and services, and transit,” says Brad Perkins, Perkins Eastman’s co-founder and chairman. “People want to stay in the immediate area where their church or synagogue is, but they don’t want to do their own gardening or maintenance anymore.”
Our Living studio, a merging of our residential and senior living practices, recognizes that the needs and desires of older adults—a much more active cohort than previous generations—are focused on lifestyle and wellness.

