If you are thinking about investing in senior housing, now is the time. Experts agree, whether it is new construction or renovations of an existing property to meet the needs of this type of community, it is a great investment.
A recent article in Construction Drive explains, “A huge baby boomer population shift to senior living facilities is still about 10 years away, but there are still trends that could benefit contractors, such as increased demand for the type of potential conversion processes of older, skilled-nursing facilities into assisted living and memory care units, but, as with most redevelopments, cost of construction and the price of acquisition will play a big role in whether or not these kinds of projects take off.”
“In order to keep costs down, there could be a shift toward smaller but still well-designed units with community features like more common spaces. The industry could also see more roommate-style accommodations similar to college dorm suites, micro-units and modular-home communities.”
The newest trends in senior housing that will keep you ahead of the game
Providing great care for seniors is vital. Which is why there is an increased focus on employees to really enjoy where they work and making their workspace comfortable and efficient.
While it is necessary to have integrated technology in the community infrastructure, building scalable technological capabilities will have substantial influence.
To increase socialization, urban senior communities with amenities such as fitness centers, salons, dinning and cafes, are being designed to face public areas.
Instead of using mass produced furniture and accent pieces, interior design should include historic and local flavor. For residents can feel a personal connection and sense of pride about where they live.
Incorporating a fresh design or a simple upgrade to an existing property can dramatically improve the environment, quality of life for the residents, and foster wellness.
SWET Construction Group is proud to be a leading senior community contractor in the Southern United States. Our extensive experience and technical knowledge sets us apart and also allows us to keep contraction cost within the allotted budget.