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Dan HutsonChief Strategy Officer
HumanGood
Paul IrvingChairman
Milken Center for the Future of Aging
Eric J. O’RourkeDirector, Resorts
FORREC, Ltd.
Innovation in Seniors Housing Around the Globe
Wednesday, September 279:45 a.m. – 10:45 a.m.
Chicago VIII
Roll Call!Please Let Us Know
Who’s Here…
Poll Question:
1. Capital Provider (debt lender)2. Equity Investor 3. Owner/Operator (Assisted
Living, Independent Living, Memory Care)
4. Developer5. Other
Eric J. O’RourkeDirector, Resorts
Innovation in Seniors Housing Around the Globe
HOW THEME PARKS, RESORTSAND ENTERTAINMENT DESIGN
TAKE POST-CAREER LIVING TO A WHOLE NEW LEVEL
UNIVERSAL STUDIOS Islands of Adventure Port of Entry, Orlando, Florida
THIS IS WHAT MY COMPANYIS BEST KNOWN FOR…
CENTARA GRAND MIRAGE Pattaya, Thailand
AND THIS...
LONGLEATWiltshire, England
MORE RECENTLY THIS…
AND BECAUSE WE DESIGNED
THEME PARKS
+ RESORTS + ENTERTAINMENT
DEVELOPMENTSLIKE THOSE…
St Elizabeth Mills HAMILTON, CANADA
The VillagesFLORIDA, USA
WHY US?
FORTUNE, 2015”
“PEOPLE WANT TOLIVE EXPERIENTIALLY.
EXPERIENCES, NOT THINGS
A WAVE OF BOOMERS ARE DEMANDING
MORE, MORE, MORE!
THEY WANT MORE FROM THEIR POST-CAREER YEARS.
Retirement Homes Active Lifestyle Communities
EXTEND THE RESORT EXPERIENCEINTO A STYLE FOR LIFE
CREATE CONTINUITY OF EXPERIENCE
CREATE THE “ENVY” FACTOR
MAKE IT WORK FOR EVERYONE
1 EXTEND THE RESORT EXPERIENCE INTO A STYLE FOR LIFE
2 CREATE CONTINUITY OF EXPERIENCE
The Villages, USA -- Brownwood St Elizabeth Mills, Hamilton - Concept
3 CREATE THE “ENVY” FACTOR
St Elizabeth Mills, Hamilton - Concept
4 MAKE IT WORK FOR EVERYONE
The Villages, USA -- Brownwood
LAURIE JOHNSTON CEO, ONTARIO RETIREMENT COMMUNITIES ASSOCIATION”“WHAT THEY’RE ACTUALLY
CREATING IS A SOCIAL MODEL.I believe that’s what people will be attracted to.
THE CHALLENGE
TO YOU
Paul IrvingChairman
Innovation in Seniors Housing Around the Globe
INNOVATIONS IN SENIOR HOUSING AROUND THE GLOBE
Paul IrvingChairman, Milken Institute Center for the Future of Aging
Distinguished Scholar in Residence, USC Davis School of Gerontology
HUMANITAS“The students bring the outside world in”
• This long-term care community allows students to live rent-free alongside the residents in exchange for 30 hours a month of engagement with their neighbors.
• The students do a variety of activities with the older residents, helping to stave off feelings of loneliness and disconnectedness.
• Students spend time teaching residents new skills, like email, social media, Skyping, and even graffiti art.
Sources: PBS, The Huffington Post, CityLab.
THE NETHERLANDS
HOGEWEYKDEMENTIA VILLAGE
Sources: PBS, The Huffington Post.
THE NETHERLANDS
• Designed to resemble a small village, Hogeweyk allows patients to live seemingly normal lives with a town square, theater garden, post office and grocery store.
• CNN reported that residents at Hogewey require fewer medications, eat better, live longer, and appear more joyful than those in standard memory care communities.
Poll QuestionWould you consider investing in one of the following1. St Elizabeth Mills 2. Humanitas3. Hogeweyk
Would you consider operating one of the following1. St Elizabeth Mills 2. Humanitas3. Hogeweyk
Would you consider Developing one of the following1. St Elizabeth Mills 2. Humanitas3. Hogeweyk
Audience Q&A
Dan HutsonChief Strategy Officer
Eric O’RourkeDirector, Resorts
Paul IrvingChairman