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Active AdultDevelopmentMassachusettsNews

Nauset Construction Breaks Ground on 24-Unit Cohousing Development in Littleton, Massachusetts

by Jeff Shaw

LITTLETON, Mass. — Nauset Construction has broken ground on Hager Homestead, a five-building, 24-unit, age-restricted cohousing development in Littleton, approximately 30 miles northwest of Boston. Located on a 15-acre site, the new community will be built in two phases near Littleton Center, the Town Hall and public library, and a short drive to the commuter rail station. Hager Homestead will be the first cohousing development for seniors in New England, according to Nauset. “Many seniors are looking for a downsized, community-oriented, environmentally friendly lifestyle, and that’s what Hager Homestead will …

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Active AdultDevelopmentFloridaNews

United Group Opens Clubhouse at $47.8M The Sovana at Stuart in Florida

by Jeff Shaw

STUART, Fla. — The United Group of Companies has opened the clubhouse at The Sovana at Stuart, an active adult community in Stuart. The opening of the  8,472-square-foot clubhouse is the first building to debut at the $47.8 million development. The opening celebration featured tours of the amenity spaces, including a fitness center, movie theater, salon, game room and lounge. The community features 182 units in a mix of one- and two-bedroom apartments.

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Active AdultDevelopmentFloridaNews

RangeWater Plans 175-Unit Olea Beach Haven Active Adult Community in Jacksonville

by Jeff Shaw

JACKSONVILLE, Fla. — RangeWater Real Estate has acquired a 6.4-acre property in Jacksonville with plans to build an active adult community on the site. RangeWater plans to break ground in early 2022 on Olea Beach Haven. Plans call for a 175-unit, age-restricted community with one-, two- and three-bedroom units. Founded in 2006, RangeWater acquires, develops, manages and invests in multifamily communities across the Southeastern and Southwestern United States, with a $5.4 billion portfolio. RangeWater opened its first two Olea properties in Florida in August 2020 and says it experienced high …

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Active AdultDevelopmentNewsNorth Carolina

Arden Plans Four Active Adult Communities in Metro Charlotte

by Jeff Shaw

CHARLOTTE, N.C. — Arden, a new brand of 55-plus active adult communities, has unveiled plans to build its first four properties in metro Charlotte. All four developments are scheduled for groundbreaking in 2022. Arden has further plans to expand the brand across the Southeast. “We are excited to offer a new option for active adults that offers the perks of age-qualified living at rates more consistent with traditional multifamily housing apartment homes,” sais Jim Lindsey, managing partner with Arden. “In doing this, we hope to open up the benefits of …

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Active AdultArizonaDevelopmentNews

Greystar Starts Pre-Leasing at Album Cooley Station in Gilbert, Arizona

by Jeff Shaw

GILBERT, Ariz. — Greystar has started pre-leasing at Album Cooley Station, an active adult community in the Phoenix suburb of Gilbert. “There is a need for this type of housing as we see more and more active adults looking to right-size their living environment, live a maintenance-free lifestyle and meet new friends within a vibrant community,” says Sylvia Loss, community manager Floor plans come in one- and two-bedroom apartments; two-bedroom, single-story villas; and two-bedroom casitas, which are little homes that surround the apartment building and include their own garage, patio …

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Active AdultDevelopmentNewsTexas

Greystar Prepares to Open Album Mansfield Active Adult Community in Texas

by Jeff Shaw

MANSFIELD, Texas — Greystar has started pre-leasing at Album Mansfield, an active adult community in the Dallas suburb of Mansfield, with plans to start move-ins this June. Apartments come in one- and two-bedroom layouts. The number of units was not disclosed. Album Mansfield is part of a larger project that also includes conventional multifamily apartments, retail and for-sale single-family homes in a neighborhood called Watson Branch.

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Active AdultDevelopmentFeaturesNews

The Future of Seniors Housing is All About Lifestyle, Say InterFace Panelists

by Jeff Shaw

PHILADELPHIA — Operators in the seniors housing industry have long been awaiting the incoming demographic wave of baby boomers reaching retirement age. Every day in the U.S., 10,000 people turn 65, and the number of older adults will more than double over the next several decades to top 88 million people and represent over 20 percent of the population by 2050. The oldest boomers are now 76. But this wave of customers will have very different desires than existing seniors housing residents, according to Tod Petty, chief operations officer at …

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Active AdultNewsPeople

Treplus Communities Hires James Lipnos as Senior Executive

by Jeff Shaw

COLUMBUS, Ohio — Treplus Communities, a Columbus-based developer of active adult communities, has hired James Lipnos as senior vice president of development and construction. Lipnos has nearly three decades of executive leadership expertise in development and construction that includes specializations in land acquisition and zoning. As an active member and immediate past president of the Building Industry Association (BIA) of Central Ohio, he is a champion for driving economic growth and forging partnerships with government and municipalities. Prior to joining Treplus Communities, Jim served as the president of Homewood Corp. …

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Active AdultDevelopmentGeorgiaNews

Greystar Opens Overture Powers Ferry Active Adult Community in Atlanta

by Jeff Shaw

ATLANTA — Greystar has opened Overture Powers Ferry, an active adult community in Atlanta. The property is located near The Battery, a popular development surrounding the new Atlanta Braves baseball stadium. The number of units was not disclosed. “Overture Powers Ferry provides the perfect location for someone seeking to become a member of an active community located in the heart of Cumberland near shopping, dining and entertainment with easy access to the main freeways,” says Malcolm Bemba-Kaye, regional property manager said. Floorplans come in one- and two-bedroom options.

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