{"id":3141,"date":"2020-03-18T21:31:29","date_gmt":"2020-03-18T21:31:29","guid":{"rendered":"http:\/\/www.swetconstructiongroup.com\/blog\/?p=3141"},"modified":"2020-03-19T21:31:56","modified_gmt":"2020-03-19T21:31:56","slug":"construction-of-multifamily-housing-senior-communities","status":"publish","type":"post","link":"http:\/\/swetconstructiongroup.com\/blog\/construction-of-multifamily-housing-senior-communities\/","title":{"rendered":"Construction of Multifamily Housing & Senior Communities"},"content":{"rendered":"

Forecasters are predicting that senior living communities are one of the best opportunity for investment. This \u2018silver tsunami\u2019 will impact a number of industries, technology, health care, and housing.<\/p>\n

The Need For Senior Communities Is Growing<\/b><\/p>\n

\"0\"“Currently, around one million Americans live in some type of senior living community, and that number is expected to double by the year 2030. After all, with innovations in healthcare and today\u2019s seniors living longer, more active and healthier lives, \u201c80 is the new 65.\u201d By the year 2040, the 85+ population is expected to triple from the 5.7 million there were in 2011 to 14.1 million.” American Senior Communities.<\/a><\/p>\n

While people are living longer and baby boomers are coming of age, senior living residence have become an investors dream. Gone are the days of sterile white rooms and closed doors. Today\u2019s senior are looking for a resort\/hospitality feel throughout the community housing, including their common and dining areas.<\/p>\n

\u201cBetween 2010 and 2040, we predict the nation\u2019s 65-plus population will grow by roughly 90 percent,\u201d says Hamilton Lombard, a demographics researcher for the University of Virginia. \u201cIn some areas of the country, most of the population growth will come from retirees.\u201d<\/p>\n

The nation\u2019s population over the age of 65, is expected to climb by about 90% between 2010 and 2040, according to Hamilton Lombard, a demographic researcher for the University of Virginia,<\/p>\n

Where Are The Hottest Locations<\/strong>\u00a0<\/span><\/p>\n

\"mountain-lake-496546_1920\"The geographical shift for senior living is Florida, the Lakeland-Winter Haven and the area between Orlando and Tampa are expected to see significant urban growth.\u00a0<\/span><\/p>\n

\u201cIt is only a matter of time before the area between Tampa and Orlando becomes, in essence, a conurbation,\u201d Garrett Kenny, a local real estate developer, wrote in Forbes<\/i><\/a>. \u201cGetting in early while growth potential is particularly high is how developers can realize massive success.\u201d<\/p>\n

While the future of senior communities and multi-family housing is prosperous, there are a few challenges such as the rising cost of building materials and availability of labor. The SWET Construction Group<\/a> is a premier contractor for multi-family and hospitality industry. We are committed to quality new construction and renovations of existing buildings. We pride ourselves in client satisfaction, delivering the highest efficiency craftsmanship and unmatched expertise and value.<\/p>\n

Contact SWET Construction Group for your next project.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Forecasters are predicting that senior living communities are one of the best opportunity for investment. This \u2018silver tsunami\u2019 will impact a number of industries, technology, health care, and housing. The Need For Senior Communities Is Growing “Currently, around one million Americans live in some type of senior living community, and that number is expected to… Continue reading Construction of Multifamily Housing & Senior Communities<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[69,134,86,30,103,26,21,33,81,39,16],"_links":{"self":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3141"}],"collection":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/comments?post=3141"}],"version-history":[{"count":6,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3141\/revisions"}],"predecessor-version":[{"id":3149,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3141\/revisions\/3149"}],"wp:attachment":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/media?parent=3141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/categories?post=3141"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/tags?post=3141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}