Are assisted living Main Streets the future or the past?
This community hosted a pub, full church, two-story theater, fitness center, salon, grill, and pet shop. The costs of these spaces, if done well, can range upwards of $350 per square foot. Of the Main Street concepts that we have been involved with, they tend to be more successful when they are partnered with a great activities program. When activities and interiors merge, results can be hugely popular with residents, and it’s common for there to be waiting lists to for them take part in an activity.
But are these concepts sustainable? As Baby Boomers start to enter into assisted living and independent living, I’m left pondering if they will be as enamored with Main Streets as the World War II generation. What do you think?