As baby boomers inch closer to retirement, senior housing official Andrew Carle of George Mason University predicts that retirement communities will be the first housing sector to see substantial economic recovery.
More than 78 million people comprise the baby-boom generation and control about $24 trillion in wealth. Carle sat down with Mary Umberger of the Chicago Tribune to talk about the burgeoning retirement market.
Related Stories
| Feb 13, 2013
'Vegetative tower' apartments to revive NYC site
A Manhattan site formerly slated for development with a "tower of cubes"—a now-defunct project by Santiago Calatrava—will be revived with a 998-foot, 300,000-sf apartment building by Morali Architects.
| Feb 5, 2013
8 eye-popping wood building projects
From 100-foot roof spans to novel reclaimed wood installations, the winners of the 2013 National Wood Design Awards push the envelope in wood design.
| Jan 31, 2013
Map of U.S. illustrates planning times for commercial construction
Stephen Oliner, a UCLA professor doing research for the Federal Reserve Board, has made the first-ever estimate of planning times for commercial construction across the United States.
| Jan 31, 2013
More severe wind storms should prompt nationwide reexamination of building codes, says insurance expert
The increased number and severity of storms with high winds nationally should prompt a reexamination of building codes in every community, says Mory Katz, vice president, Verisk Insurance Solutions Commercial Property, Jersey City, N.J.
| Jan 29, 2013
Trinitas and Harrison Street Break Ground Near University of Kentucky
The 699-bed Collegiate on Angliana, with an anticipated opening date of August 2013, will serve students attending the University of Kentucky (UK).
| Jan 23, 2013
Music-Inspired Apartment Complex Completed in Tampa's Tempo District
Named in honor of jazz artist Ella Fitzgerald, Ella at Encore is the first building to rise from plans to develop a mixed-use, mixed-income urban village in the community.
| Dec 6, 2012
Suffolk Construction awarded Phase Two of Boston’s Old Colony redevelopment project
Project team breaks ground on South Boston public housing project designed for energy efficiency.
| Nov 13, 2012
2012 LEED for Homes Award recipients announced
USGBC recognizes excellence in the green residential building community at its Greenbuild Conference & Expo in San Francisco
| Nov 11, 2012
Greenbuild 2012 Report: Multifamily
Sustainably designed apartments are apples of developers’ eyes
| Oct 5, 2012
2012 Reconstruction Award Silver Winner: 220 Water Street, Brooklyn, N.Y.
The recent rehabilitation of 220 Water Street transforms it from a vacant manufacturing facility to a 134-unit luxury apartment building in Brooklyn’s DUMBO neighborhood.
