Planning Hip Retirement Communities

Developers are wooing empty-nesters who want to be where the action is. Just don't call it a retirement community.

1 minute read

January 29, 2005, 5:00 AM PST

"As they focus on the consumer needs of the 78 million baby boomers who will be contemplating retirement in the next five to 10 years, home builders specializing in retiree communities have been expanding their footprints into metro areas, such as New York, Chicago, Detroit and Los Angeles. They hope that many, like Mrs. Kislin, will be reluctant to give up urban amenities and cultural variety and will want to stay near the cities where they've worked and raised children for many years.

... Mr. Schreiner also says that because boomers are more computer-savvy, the communities will feature tech-minded amenities like intranets within the community and online programming for local news, social activities and recreational scheduling."

Thanks to Chris Steins

FULL STORY: Active-Adult Builders Target Urban Locales

Thursday, January 27, 2005 in Wall St. Journal

Community / Economic Development United States

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