Here, you’ll find a library of blog posts dedicated to different aspects of the commercial construction industry -- news and updates, upcoming trends, and past projects built by us at The Douglas Company.
When you think ‘Senior Living’, what do you picture? Personally, my mind immediately goes to the assisted living facility my parents lived in for five years. In reality, senior living is an umbrella term that is broadly applied to a wide range of housing communities that are designed to make life easier, safer, and […]
Active adult or age-restricted housing continues to experience strong growth, while multifamily housing development is showing signs of slowing. The active adult market hasn’t yet been flooded by national developers, leaving opportunities for real estate investors and developers who want to enter this exciting market. Active adult housing has experienced year-over-year growth every year since […]
Holland, Ohio, November 29, 2022 – John Arthur Flats located in Cincinnati, Ohio is the first LGBTQ+ friendly 55+ affordable senior housing community in the city of Cincinnati. The modern building contains 57 units offering studio, and 1- and 2-bedroom apartments. The Douglas Company was selected as the general contractor for the $9.4 million development. […]
Holland, Ohio, October 20, 2022 – The Douglas Company, an industry-leading general contractor, is proud to partner with Discovery Management Group to build a revolutionary concept in senior living at Discovery Place at Celebration Pointe. Located in the heart of Gainesville’s Celebration Pointe development, this Experiential Living community will provide unique amenities and programming aimed […]
Two weeks ago, I attended the National Investment Center for Seniors Housing & Care (NIC) in Washington, D.C. As always, it was good to see old friends and clients, and interesting to get a read on the industry. There were really no surprises, but it’s good to get intensive confirmation of what’s going on. Senior […]
Construction on Discovery Place at Celebration Pointe is currently underway! This Florida Experiential Living Community is located in the heart of Gainesville’s Celebration Pointe development. It’s an active adult and multifamily housing community offering unique amenities and programming aimed at socialization, health, and fitness. This will be the third project working with developer Discovery Management […]
Some developers and investors are unsure about committing to new senior living developments amid rising construction costs and interest rates, while others remain bullish on building new communities figuring that demand will be outpacing supply for the foreseeable future. I have even heard from some clients that they really push to get new developments going […]
Last month we wrote about how The Senior Housing Evolution Continues, specifically discussing the Active Adult concept. Last week, The Douglas Company attended an Active Adult conference hosted by Interface, where we heard from pioneers and visionary leaders in this new product. Three major conceptual questions stood out through all the sessions: How to Define […]
The resilience of active adult communities during the pandemic and resulting recession has resulted in many developers, operators, lenders, and equity investors taking another look at the product and determining how it fits their strategy for future growth. Many skeptics have become supporters after seeing the performance turned in by active adult communities through 2020. […]
A somewhat new segment of rental active adult housing is showing signs of leading the way for senior living development post COVID. Our estimating department is currently budgeting and pricing several active adult projects for multiple clients. The product targets baby boomers in early retirement, looking to downsize, but who are years away from needing […]