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09-26-2001 Council Agenda
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09-26-2001 Council Agenda
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Features: <br />Scenic wooded views <br />Underground parking and off - street guest parking <br />Spacious floor plans designed for active adults <br />Individual heating and cooling <br />One and two bedroom units available <br />Fully landscaped grounds with irrigation system <br />Secure building with controlled entries <br />Vaulted ceilings, fireplaces, and whirlpool baths <br />Exercise room, community room, and library <br />Target Market <br />This development is designed and will be marketed <br />exclusively to active adults over the age of 50, and will <br />remain a senior housing building in perpetuity. <br />Market Facts & Figures <br />• Over the next five years, the number of Americans <br />age 55 will grow to 17 million. <br />• Every eight seconds, another Baby Boomer turns age <br />50! <br />• Age 50+ adults control 70% of the nation's financial <br />assets. <br />• Age 50+ adults wield 50% of all discretionary income. <br />Page 17 <br />
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