Back to school at age 88? On the East Coast, Academy Point at Mystic is an assisted living community situated in the former Mystic Academy School Building in Connecticut. Head west to Everett, Washington, where residents at Washington Oakes independent living enjoy the charm and history of their turn-of-the-century building, originally erected as a schoolhouse.
Retrofitting is a popular and practical choice for many senior living developers today, a trend that has emerged as a result of both the lack of capital for new construction and a move towards greener living (yes, reduce, reuse, recycle even applies to buildings). Historic preservation is another positive by-product of retrofitting; many business leaders, local residents, and elected officials are truly happy to see their town’s historic buildings given new life instead of the alternative (i.e. abandoned and crumbling, or bulldozed to create space for businesses that cannot be supported by the weak economy).
A recent article from SeniorHousingNews.com explores the senior living retrofitting concept in greater detail, highlighting former hotels as a perfect option for developers to consider, since the layout can be easily adapted to senior housing purposes. Also covered in the piece are financing options available through HUD; read more here.
Has a building in your town been retrofitted for senior living? Tell us about it.